A P P E N D I X B

STATISTICAL TABLES RELATING TOINCOME, EMPLOYMENT,

AND PRODUCTION

321

PageNATIONAL INCOME OR EXPENDITUREB–1. Gross domestic product, 1960–2009 ....................................................................... 328B–2. Real gross domestic product, 1960–2009 ............................................................... 330B–3. Quantity and price indexes for gross domestic product, and percent changes,

1960–2009 .................................................................................................................. 332B–4. Percent changes in real gross domestic product, 1960–2009 ............................... 333B–5. Contributions to percent change in real gross domestic product, 1960–2009 .. 334B–6. Chain-type quantity indexes for gross domestic product, 1960–2009 ............... 336B–7. Chain-type price indexes for gross domestic product, 1960–2009 ..................... 338B–8. Gross domestic product by major type of product, 1960–2009 ........................... 340B–9. Real gross domestic product by major type of product, 1960–2009 ................... 341B–10. Gross value added by sector, 1960–2009 ................................................................ 342B–11. Real gross value added by sector, 1960–2009 ......................................................... 343B–12. Gross domestic product (GDP) by industry, value added, in current dollars

and as a percentage of GDP, 1979–2008 ................................................................. 344B–13. Real gross domestic product by industry, value added, and percent changes,

1979–2008 .................................................................................................................. 346B–14. Gross value added of nonfinancial corporate business, 1960–2009 .................... 348B–15. Gross value added and price, costs, and profits of nonfinancial corporate

business, 1960–2009 .................................................................................................. 349B–16. Personal consumption expenditures, 1960–2009 .................................................. 350B–17. Real personal consumption expenditures, 1995–2009 ......................................... 351B–18. Private fixed investment by type, 1960–2009 ......................................................... 352B–19. Real private fixed investment by type, 1995–2009 ................................................ 353B–20. Government consumption expenditures and gross investment by type,

1960–2009 ................................................................................................................... 354B–21. Real government consumption expenditures and gross investment by type,

1995–2009 .................................................................................................................. 355B–22. Private inventories and domestic final sales by industry, 1960–2009 ................. 356B–23. Real private inventories and domestic final sales by industry, 1960–2009 ......... 357B–24. Foreign transactions in the national income and product accounts,

1960–2009 .................................................................................................................. 358

C O N T E N T S

322 | Appendix B

B–25. Real exports and imports of goods and services, 1995–2009 .............................. 359B–26. Relation of gross domestic product, gross national product, net national

product, and national income, 1960–2009 ............................................................. 360B–27. Relation of national income and personal income, 1960–2009 ........................... 361B–28. National income by type of income, 1960–2009 .................................................... 362B–29. Sources of personal income, 1960–2009 ................................................................. 364B–30. Disposition of personal income, 1960–2009 .......................................................... 366B–31. Total and per capita disposable personal income and personal consumption

expenditures, and per capita gross domestic product, in current and realdollars, 1960–2009 ..................................................................................................... 367

B–32. Gross saving and investment, 1960–2009 ............................................................... 368B–33. Median money income (in 2008 dollars) and poverty status of families and

people, by race, selected years, 1996–2008 ............................................................. 370

POPULATION, EMPLOYMENT, WAGES, AND PRODUCTIVITYB–34. Population by age group, 1933–2009 ...................................................................... 371B–35. Civilian population and labor force, 1929–2009 ................................................... 372B–36. Civilian employment and unemployment by sex and age, 1962–2009 ............... 374B–37. Civilian employment by demographic characteristic, 1962–2009 ...................... 375B–38. Unemployment by demographic characteristic, 1962–2009 ................................ 376B–39. Civilian labor force participation rate and employment/population ratio,

1962–2009 .................................................................................................................. 377B–40. Civilian labor force participation rate by demographic characteristic,

1968–2009 .................................................................................................................. 378B–41. Civilian employment/population ratio by demographic characteristic,

1968–2009 .................................................................................................................. 379B–42. Civilian unemployment rate, 1962–2009 ................................................................ 380B–43. Civilian unemployment rate by demographic characteristic, 1968–2009 .......... 381B–44. Unemployment by duration and reason, 1962–2009 ............................................ 382B–45. Unemployment insurance programs, selected data, 1980–2009 ......................... 383B–46. Employees on nonagricultural payrolls, by major industry, 1962–2009 ............ 384B–47. Hours and earnings in private nonagricultural industries, 1962–2009 ............. 386B–48. Employment cost index, private industry, 1995–2009 .......................................... 387B–49. Productivity and related data, business and nonfarm business sectors,

1960–2009 .................................................................................................................. 388B–50. Changes in productivity and related data, business and nonfarm business

sectors, 1960–2009 .................................................................................................... 389

NATIONAL INCOME OR EXPENDITURE—Continued

Contents | 323

PRODUCTION AND BUSINESS ACTIVITYB–51. Industrial production indexes, major industry divisions, 1962–2009 ................ 390B–52. Industrial production indexes, market groupings, 1962–2009 ............................ 391B–53. Industrial production indexes, selected manufacturing industries,

1967–2009 .................................................................................................................. 392B–54. Capacity utilization rates, 1962–2009 ..................................................................... 393B–55. New construction activity, 1964–2009 .................................................................... 394B–56. New private housing units started, authorized, and completed and houses

sold, 1962–2009 ......................................................................................................... 395B–57. Manufacturing and trade sales and inventories, 1968–2009 ................................ 396B–58. Manufacturers’ shipments and inventories, 1968–2009 ....................................... 397B–59. Manufacturers’ new and unfilled orders, 1968–2009 ............................................ 398

PRICESB–60. Consumer price indexes for major expenditure classes, 1965–2009 .................. 399B–61. Consumer price indexes for selected expenditure classes, 1965–2009 ............... 400B–62. Consumer price indexes for commodities, services, and special groups,

1965–2009 .................................................................................................................. 402B–63. Changes in special consumer price indexes, 1965–2009 ...................................... 403B–64. Changes in consumer price indexes for commodities and services,

1933–2009 .................................................................................................................. 404B–65. Producer price indexes by stage of processing, 1965–2009 .................................. 405B–66. Producer price indexes by stage of processing, special groups, 1974–2009 ....... 407B–67. Producer price indexes for major commodity groups, 1965–2009 ..................... 408B–68. Changes in producer price indexes for finished goods, 1969–2009 .................... 410

MONEY STOCK, CREDIT, AND FINANCEB–69. Money stock and debt measures, 1970–2009 ......................................................... 411B–70. Components of money stock measures, 1970–2009 ............................................. 412B–71. Aggregate reserves of depository institutions and the monetary base,

1979–2009 .................................................................................................................. 414B–72. Bank credit at all commercial banks, 1972–2009 .................................................. 415B–73. Bond yields and interest rates, 1929–2009 ............................................................. 416B–74. Credit market borrowing, 2001–2009 ..................................................................... 418B–75. Mortgage debt outstanding by type of property and of financing,

1950–2009 .................................................................................................................. 420B–76. Mortgage debt outstanding by holder, 1950–2009 ................................................ 421B–77. Consumer credit outstanding, 1959–2009 ............................................................. 422

324 | Appendix B

GOVERNMENT FINANCEB–78. Federal receipts, outlays, surplus or deficit, and debt, fiscal years, 1943–2011 .. 423B–79. Federal receipts, outlays, surplus or deficit, and debt, as percent of gross

domestic product, fiscal years 1937–2011 .............................................................. 424B–80. Federal receipts and outlays, by major category, and surplus or deficit, fiscal

years 1943–2011 ........................................................................................................ 425B–81. Federal receipts, outlays, surplus or deficit, and debt, fiscal years 2006–2011 ... 426B–82. Federal and State and local government current receipts and expenditures,

national income and product accounts (NIPA), 1960–2009 ............................... 427B–83. Federal and State and local government current receipts and expenditures,

national income and product accounts (NIPA), by major type, 1960–2009 ..... 428B–84. Federal Government current receipts and expenditures, national income and

product accounts (NIPA), 1960–2009 .................................................................... 429B–85. State and local government current receipts and expenditures, national

income and product accounts (NIPA), 1960–2009 ............................................... 430B–86. State and local government revenues and expenditures, selected fiscal years,

1942–2007 .................................................................................................................. 431B–87. U.S. Treasury securities outstanding by kind of obligation, 1970–2009 ............. 432B–88. Maturity distribution and average length of marketable interest-bearing

public debt securities held by private investors, 1970–2009 ................................ 433B–89. Estimated ownership of U.S. Treasury securities, 2000–2009 .............................. 434

CORPORATE PROFITS AND FINANCEB–90. Corporate profits with inventory valuation and capital consumption

adjustments, 1960–2009 ........................................................................................... 435B–91. Corporate profits by industry, 1960–2009 .............................................................. 436B–92. Corporate profits of manufacturing industries, 1960–2009 ................................. 437B–93. Sales, profits, and stockholders’ equity, all manufacturing corporations,

1968–2009 .................................................................................................................. 438B–94. Relation of profits after taxes to stockholders’ equity and to sales, all

manufacturing corporations, 1959–2009 ............................................................... 439B–95. Historical stock prices and yields, 1949–2003 ....................................................... 440B–96. Common stock prices and yields, 2000–2009 ........................................................ 441

AGRICULTUREB–97. Farm income, 1948–2009 .......................................................................................... 442B–98. Farm business balance sheet, 1952–2009 ................................................................ 443B–99. Farm output and productivity indexes, 1948–2008 ............................................... 444B–100. Farm input use, selected inputs, 1948–2009 ........................................................... 445

Contents | 325

B–101. Agricultural price indexes and farm real estate value, 1975–2009 ...................... 446B–102. U.S. exports and imports of agricultural commodities, 1950–2009 .................... 447

INTERNATIONAL STATISTICSB–103. U.S. international transactions, 1946–2009 ............................................................ 448B–104. U.S. international trade in goods by principal end-use category, 1965–2009 .... 450B–105. U.S. international trade in goods by area, 2001–2009 ........................................... 451B–106. U.S. international trade in goods on balance of payments (BOP) and Census

basis, and trade in services on BOP basis, 1981–2009 ......................................... 452B–107. International investment position of the United States at year-end,

2001–2008 .................................................................................................................. 453B–108. Industrial production and consumer prices, major industrial countries,

1982–2009 .................................................................................................................. 454B–109. Civilian unemployment rate, and hourly compensation, major industrial

countries, 1982–2009 ................................................................................................ 455B–110. Foreign exchange rates, 1988–2009 ......................................................................... 456B–111. International reserves, selected years, 1972–2009 ................................................. 457B–112. Growth rates in real gross domestic product, 1991–2010 .................................... 458

AGRICULTURE—Continued

General Notes | 327

General NotesDetail in these tables may not add to totals because of rounding.

Because of the formula used for calculating real gross domesticproduct (GDP), the chained (2005) dollar estimates for the detailedcomponents do not add to the chained-dollar value of GDP or toany intermediate aggregate. The Department of Commerce (Bureauof Economic Analysis) no longer publishes chained-dollar estimatesprior to 1995, except for selected series.

Unless otherwise noted, all dollar figures are in current dollars.

Symbols used:p Preliminary.... Not available (also, not applicable).

Data in these tables reflect revisions made by the source agenciesthrough January 29, 2010. In particular, tables containing nationalincome and product accounts (NIPA) estimates reflect revisionsreleased by the Department of Commerce in July 2009.

328 | Appendix B

Table B–1. Gross domestic product, 1960–2009[Billions of dollars, except as noted; quarterly data at seasonally adjusted annual rates]

Year or quarterGross

domesticproduct

Personal consumption expenditures Gross private domestic investment

Total Goods Services Total

Fixed investmentChange

inprivateinven-tories

Total

NonresidentialResi-

dentialTotal StructuresEquip-

ment andsoftware

1960 ...................... 526.4 331.8 177.0 154.8 78.9 75.7 49.4 19.6 29.8 26.3 3.21961 ...................... 544.8 342.2 178.8 163.4 78.2 75.2 48.8 19.7 29.1 26.4 3.01962 ...................... 585.7 363.3 189.0 174.4 88.1 82.0 53.1 20.8 32.3 29.0 6.11963 ...................... 617.8 382.7 198.2 184.6 93.8 88.1 56.0 21.2 34.8 32.1 5.61964 ...................... 663.6 411.5 212.3 199.2 102.1 97.2 63.0 23.7 39.2 34.3 4.81965 ...................... 719.1 443.8 229.7 214.1 118.2 109.0 74.8 28.3 46.5 34.2 9.21966 ...................... 787.7 480.9 249.6 231.3 131.3 117.7 85.4 31.3 54.0 32.3 13.61967 ...................... 832.4 507.8 259.0 248.8 128.6 118.7 86.4 31.5 54.9 32.4 9.91968 ...................... 909.8 558.0 284.6 273.4 141.2 132.1 93.4 33.6 59.9 38.7 9.11969 ...................... 984.4 605.1 304.7 300.4 156.4 147.3 104.7 37.7 67.0 42.6 9.21970 ...................... 1,038.3 648.3 318.8 329.5 152.4 150.4 109.0 40.3 68.7 41.4 2.01971 ...................... 1,126.8 701.6 342.1 359.5 178.2 169.9 114.1 42.7 71.5 55.8 8.31972 ...................... 1,237.9 770.2 373.8 396.4 207.6 198.5 128.8 47.2 81.7 69.7 9.11973 ...................... 1,382.3 852.0 416.6 435.4 244.5 228.6 153.3 55.0 98.3 75.3 15.91974 ...................... 1,499.5 932.9 451.5 481.4 249.4 235.4 169.5 61.2 108.2 66.0 14.01975 ...................... 1,637.7 1,033.8 491.3 542.5 230.2 236.5 173.7 61.4 112.4 62.7 –6.31976 ...................... 1,824.6 1,151.3 546.3 604.9 292.0 274.8 192.4 65.9 126.4 82.5 17.11977 ...................... 2,030.1 1,277.8 600.4 677.4 361.3 339.0 228.7 74.6 154.1 110.3 22.31978 ...................... 2,293.8 1,427.6 663.6 764.1 438.0 412.2 280.6 93.6 187.0 131.6 25.81979 ...................... 2,562.2 1,591.2 737.9 853.2 492.9 474.9 333.9 117.7 216.2 141.0 18.01980 ...................... 2,788.1 1,755.8 799.8 956.0 479.3 485.6 362.4 136.2 226.2 123.2 –6.31981 ...................... 3,126.8 1,939.5 869.4 1,070.1 572.4 542.6 420.0 167.3 252.7 122.6 29.81982 ...................... 3,253.2 2,075.5 899.3 1,176.2 517.2 532.1 426.5 177.6 248.9 105.7 –14.91983 ...................... 3,534.6 2,288.6 973.8 1,314.8 564.3 570.1 417.2 154.3 262.9 152.9 –5.81984 ...................... 3,930.9 2,501.1 1,063.7 1,437.4 735.6 670.2 489.6 177.4 312.2 180.6 65.41985 ...................... 4,217.5 2,717.6 1,137.6 1,580.0 736.2 714.4 526.2 194.5 331.7 188.2 21.81986 ...................... 4,460.1 2,896.7 1,195.6 1,701.1 746.5 739.9 519.8 176.5 343.3 220.1 6.61987 ...................... 4,736.4 3,097.0 1,256.3 1,840.7 785.0 757.8 524.1 174.2 349.9 233.7 27.11988 ...................... 5,100.4 3,350.1 1,337.3 2,012.7 821.6 803.1 563.8 182.8 381.0 239.3 18.51989 ...................... 5,482.1 3,594.5 1,423.8 2,170.7 874.9 847.3 607.7 193.7 414.0 239.5 27.71990 ...................... 5,800.5 3,835.5 1,491.3 2,344.2 861.0 846.4 622.4 202.9 419.5 224.0 14.51991 ...................... 5,992.1 3,980.1 1,497.4 2,482.6 802.9 803.3 598.2 183.6 414.6 205.1 –.41992 ...................... 6,342.3 4,236.9 1,563.3 2,673.6 864.8 848.5 612.1 172.6 439.6 236.3 16.31993 ...................... 6,667.4 4,483.6 1,642.3 2,841.2 953.3 932.5 666.6 177.2 489.4 266.0 20.81994 ...................... 7,085.2 4,750.8 1,746.6 3,004.3 1,097.3 1,033.5 731.4 186.8 544.6 302.1 63.81995 ...................... 7,414.7 4,987.3 1,815.5 3,171.7 1,144.0 1,112.9 810.0 207.3 602.8 302.9 31.21996 ...................... 7,838.5 5,273.6 1,917.7 3,355.9 1,240.2 1,209.4 875.4 224.6 650.8 334.1 30.81997 ...................... 8,332.4 5,570.6 2,006.8 3,563.9 1,388.7 1,317.7 968.6 250.3 718.3 349.1 71.01998 ...................... 8,793.5 5,918.5 2,110.0 3,808.5 1,510.8 1,447.1 1,061.1 275.1 786.0 385.9 63.71999 ...................... 9,353.5 6,342.8 2,290.0 4,052.8 1,641.5 1,580.7 1,154.9 283.9 871.0 425.8 60.82000 ...................... 9,951.5 6,830.4 2,459.1 4,371.2 1,772.2 1,717.7 1,268.7 318.1 950.5 449.0 54.52001 ...................... 10,286.2 7,148.8 2,534.0 4,614.8 1,661.9 1,700.2 1,227.8 329.7 898.1 472.4 –38.32002 ...................... 10,642.3 7,439.2 2,610.0 4,829.2 1,647.0 1,634.9 1,125.4 282.8 842.7 509.5 12.02003 ...................... 11,142.1 7,804.0 2,727.4 5,076.6 1,729.7 1,713.3 1,135.7 281.9 853.8 577.6 16.42004 ...................... 11,867.8 8,285.1 2,892.3 5,392.8 1,968.6 1,903.6 1,223.0 306.7 916.4 680.6 64.92005 ...................... 12,638.4 8,819.0 3,073.9 5,745.1 2,172.2 2,122.3 1,347.3 351.8 995.6 775.0 50.02006 ...................... 13,398.9 9,322.7 3,221.7 6,100.9 2,327.2 2,267.2 1,505.3 433.7 1,071.7 761.9 60.02007 ...................... 14,077.6 9,826.4 3,365.0 6,461.4 2,288.5 2,269.1 1,640.2 535.4 1,104.8 629.0 19.42008 ...................... 14,441.4 10,129.9 3,403.2 6,726.8 2,136.1 2,170.8 1,693.6 609.5 1,084.1 477.2 –34.82009 p .................... 14,258.7 10,092.6 3,257.6 6,835.0 1,622.9 1,747.9 1,386.6 480.7 906.0 361.3 –125.02006: I .................. 13,183.5 9,148.2 3,180.8 5,967.4 2,336.5 2,270.6 1,457.2 396.8 1,060.5 813.3 66.0

II ................. 13,347.8 9,266.6 3,206.5 6,060.1 2,352.1 2,279.7 1,495.3 428.6 1,066.7 784.4 72.4III ................ 13,452.9 9,391.8 3,250.5 6,141.3 2,333.5 2,264.4 1,522.7 447.6 1,075.1 741.7 69.1IV ................ 13,611.5 9,484.1 3,249.1 6,235.0 2,286.5 2,254.2 1,546.1 461.7 1,084.4 708.1 32.3

2007: I .................. 13,795.6 9,658.5 3,306.3 6,352.2 2,267.2 2,254.1 1,574.1 489.5 1,084.6 680.0 13.1II ................. 13,997.2 9,762.5 3,338.2 6,424.3 2,302.0 2,278.6 1,623.5 519.9 1,103.5 655.1 23.5III ................ 14,179.9 9,865.6 3,366.6 6,499.0 2,311.9 2,280.8 1,665.2 556.1 1,109.1 615.6 31.0IV ................ 14,337.9 10,019.2 3,448.9 6,570.3 2,272.9 2,263.0 1,697.9 575.9 1,122.0 565.2 9.8

2008: I .................. 14,373.9 10,095.1 3,447.2 6,647.9 2,214.8 2,223.0 1,705.0 586.3 1,118.7 518.1 –8.2II ................. 14,497.8 10,194.7 3,474.9 6,719.8 2,164.6 2,214.0 1,719.7 610.6 1,109.2 494.2 –49.3III ................ 14,546.7 10,220.1 3,463.0 6,757.1 2,142.7 2,179.7 1,711.0 620.4 1,090.6 468.6 –37.0IV ................ 14,347.3 10,009.8 3,227.5 6,782.3 2,022.1 2,066.6 1,638.7 620.7 1,018.0 427.8 –44.5

2009: I .................. 14,178.0 9,987.7 3,197.7 6,790.0 1,689.9 1,817.2 1,442.6 533.1 909.5 374.6 –127.4II ................. 14,151.2 9,999.3 3,193.8 6,805.6 1,561.5 1,737.7 1,391.8 494.8 897.0 345.9 –176.2III ................ 14,242.1 10,132.9 3,292.3 6,840.6 1,556.1 1,712.6 1,353.9 457.9 895.9 358.8 –156.5IV p ............. 14,463.4 10,250.5 3,346.8 6,903.7 1,684.0 1,724.0 1,358.2 436.8 921.5 365.7 –40.0

See next page for continuation of table.

National Income or Expenditure

National Income or Expenditure | 329

Table B–1. Gross domestic product, 1960–2009—Continued[Billions of dollars, except as noted; quarterly data at seasonally adjusted annual rates]

Year or quarter

Net exports ofgoods and services

Government consumption expendituresand gross investment Final

sales ofdomes-

ticproduct

Grossdomes-

ticpur-

chases 1

Adden-dum:Gross

nationalprod-uct 2

Percent changefrom preceding

period

Netexports Exports Imports Total

FederalStateandlocal

Grossdomes-

ticproduct

Grossdomes-

ticpur-

chases 1Total National

defenseNon-

defense

1960 ...................... 4.2 27.0 22.8 111.5 64.1 53.3 10.7 47.5 523.2 522.2 529.6 3.9 3.21961 ...................... 4.9 27.6 22.7 119.5 67.9 56.5 11.4 51.6 541.8 539.8 548.3 3.5 3.41962 ...................... 4.1 29.1 25.0 130.1 75.2 61.1 14.1 54.9 579.6 581.6 589.7 7.5 7.71963 ...................... 4.9 31.1 26.1 136.4 76.9 61.0 15.9 59.5 612.1 612.8 622.2 5.5 5.41964 ...................... 6.9 35.0 28.1 143.2 78.4 60.2 18.2 64.8 658.8 656.7 668.6 7.4 7.21965 ...................... 5.6 37.1 31.5 151.4 80.4 60.6 19.8 71.0 709.9 713.5 724.4 8.4 8.61966 ...................... 3.9 40.9 37.1 171.6 92.4 71.7 20.8 79.2 774.1 783.8 792.8 9.5 9.91967 ...................... 3.6 43.5 39.9 192.5 104.6 83.4 21.2 87.9 822.6 828.9 837.8 5.7 5.81968 ...................... 1.4 47.9 46.6 209.3 111.3 89.2 22.0 98.0 900.8 908.5 915.9 9.3 9.61969 ...................... 1.4 51.9 50.5 221.4 113.3 89.5 23.8 108.2 975.3 983.0 990.5 8.2 8.21970 ...................... 4.0 59.7 55.8 233.7 113.4 87.6 25.8 120.3 1,036.3 1,034.4 1,044.7 5.5 5.21971 ...................... .6 63.0 62.3 246.4 113.6 84.6 29.1 132.8 1,118.6 1,126.2 1,134.4 8.5 8.91972 ...................... –3.4 70.8 74.2 263.4 119.6 86.9 32.7 143.8 1,228.8 1,241.3 1,246.4 9.9 10.21973 ...................... 4.1 95.3 91.2 281.7 122.5 88.1 34.3 159.2 1,366.4 1,378.2 1,394.9 11.7 11.01974 ...................... –.8 126.7 127.5 317.9 134.5 95.6 39.0 183.4 1,485.5 1,500.3 1,515.0 8.5 8.91975 ...................... 16.0 138.7 122.7 357.7 149.0 103.9 45.1 208.7 1,644.0 1,621.7 1,650.7 9.2 8.11976 ...................... –1.6 149.5 151.1 383.0 159.7 111.1 48.6 223.3 1,807.5 1,826.2 1,841.4 11.4 12.61977 ...................... –23.1 159.4 182.4 414.1 175.4 120.9 54.5 238.7 2,007.8 2,053.2 2,050.4 11.3 12.41978 ...................... –25.4 186.9 212.3 453.6 190.9 130.5 60.4 262.7 2,268.0 2,319.1 2,315.3 13.0 13.01979 ...................... –22.5 230.1 252.7 500.7 210.6 145.2 65.4 290.2 2,544.2 2,584.8 2,594.2 11.7 11.51980 ...................... –13.1 280.8 293.8 566.1 243.7 168.0 75.8 322.4 2,794.5 2,801.2 2,822.3 8.8 8.41981 ...................... –12.5 305.2 317.8 627.5 280.2 196.2 83.9 347.3 3,097.0 3,139.4 3,159.8 12.1 12.11982 ...................... –20.0 283.2 303.2 680.4 310.8 225.9 84.9 369.7 3,268.1 3,273.2 3,289.7 4.0 4.31983 ...................... –51.7 277.0 328.6 733.4 342.9 250.6 92.3 390.5 3,540.4 3,586.3 3,571.7 8.7 9.61984 ...................... –102.7 302.4 405.1 796.9 374.3 281.5 92.7 422.6 3,865.5 4,033.6 3,967.2 11.2 12.51985 ...................... –115.2 302.0 417.2 878.9 412.8 311.2 101.6 466.1 4,195.6 4,332.7 4,244.0 7.3 7.41986 ...................... –132.5 320.3 452.9 949.3 438.4 330.8 107.6 510.9 4,453.5 4,592.6 4,477.7 5.8 6.01987 ...................... –145.0 363.8 508.7 999.4 459.5 350.0 109.6 539.9 4,709.2 4,881.3 4,754.0 6.2 6.31988 ...................... –110.1 443.9 554.0 1,038.9 461.6 354.7 106.8 577.3 5,081.9 5,210.5 5,123.8 7.7 6.71989 ...................... –87.9 503.1 591.0 1,100.6 481.4 362.1 119.3 619.2 5,454.5 5,570.0 5,508.1 7.5 6.91990 ...................... –77.6 552.1 629.7 1,181.7 507.5 373.9 133.6 674.2 5,786.0 5,878.1 5,835.0 5.8 5.51991 ...................... –27.0 596.6 623.5 1,236.1 526.6 383.1 143.4 709.5 5,992.5 6,019.1 6,022.0 3.3 2.41992 ...................... –32.8 635.0 667.8 1,273.5 532.9 376.8 156.1 740.6 6,326.0 6,375.1 6,371.4 5.8 5.91993 ...................... –64.4 655.6 720.0 1,294.8 525.0 363.0 162.0 769.8 6,646.5 6,731.7 6,698.5 5.1 5.61994 ...................... –92.7 720.7 813.4 1,329.8 518.6 353.8 164.8 811.2 7,021.4 7,177.9 7,109.2 6.3 6.61995 ...................... –90.7 811.9 902.6 1,374.0 518.8 348.8 170.0 855.3 7,383.5 7,505.3 7,444.3 4.7 4.61996 ...................... –96.3 867.7 964.0 1,421.0 527.0 354.8 172.2 894.0 7,807.7 7,934.8 7,870.1 5.7 5.71997 ...................... –101.4 954.4 1,055.8 1,474.4 531.0 349.8 181.1 943.5 8,261.4 8,433.7 8,355.8 6.3 6.31998 ...................... –161.8 953.9 1,115.7 1,526.1 531.0 346.1 184.9 995.0 8,729.8 8,955.3 8,810.8 5.5 6.21999 ...................... –262.1 989.3 1,251.4 1,631.3 554.9 361.1 193.8 1,076.3 9,292.7 9,615.6 9,381.3 6.4 7.42000 ...................... –382.1 1,093.2 1,475.3 1,731.0 576.1 371.0 205.0 1,154.9 9,896.9 10,333.5 9,989.2 6.4 7.52001 ...................... –371.0 1,027.7 1,398.7 1,846.4 611.7 393.0 218.7 1,234.7 10,324.5 10,657.2 10,338.1 3.4 3.12002 ...................... –427.2 1,003.0 1,430.2 1,983.3 680.6 437.7 242.9 1,302.7 10,630.3 11,069.5 10,691.4 3.5 3.92003 ...................... –504.1 1,041.0 1,545.1 2,112.6 756.5 497.9 258.5 1,356.1 11,125.8 11,646.3 11,210.8 4.7 5.22004 ...................... –618.7 1,180.2 1,798.9 2,232.8 824.6 550.8 273.9 1,408.2 11,802.8 12,486.4 11,959.0 6.5 7.22005 ...................... –722.7 1,305.1 2,027.8 2,369.9 876.3 589.0 287.3 1,493.6 12,588.4 13,361.1 12,735.5 6.5 7.02006 ...................... –769.3 1,471.0 2,240.3 2,518.4 931.7 624.9 306.8 1,586.7 13,339.0 14,168.2 13,471.3 6.0 6.02007 ...................... –713.8 1,655.9 2,369.7 2,676.5 976.7 662.1 314.5 1,699.8 14,058.3 14,791.4 14,193.3 5.1 4.42008 ...................... –707.8 1,831.1 2,538.9 2,883.2 1,082.6 737.9 344.7 1,800.6 14,476.2 15,149.2 14,583.3 2.6 2.42009 p .................... –390.1 1,560.0 1,950.1 2,933.3 1,144.9 779.1 365.8 1,788.4 14,383.7 14,648.8 .............. –1.3 –3.32006: I .................. –775.8 1,414.0 2,189.8 2,474.5 928.5 615.5 313.0 1,546.1 13,117.5 13,959.3 13,264.0 8.6 7.6

II ................. –781.4 1,456.0 2,237.4 2,510.5 930.3 624.1 306.2 1,580.2 13,275.4 14,129.2 13,423.3 5.1 5.0III ................ –805.7 1,476.0 2,281.7 2,533.3 932.2 623.3 308.9 1,601.2 13,383.8 14,258.6 13,514.8 3.2 3.7IV ................ –714.3 1,538.2 2,252.5 2,555.2 935.9 636.6 299.3 1,619.4 13,579.2 14,325.8 13,683.2 4.8 1.9

2007: I .................. –729.4 1,564.9 2,294.3 2,599.3 942.8 636.7 306.1 1,656.5 13,782.5 14,525.0 13,859.5 5.5 5.7II ................. –724.8 1,602.1 2,326.9 2,657.4 968.1 656.6 311.6 1,689.3 13,973.7 14,722.0 14,073.3 6.0 5.5III ................ –698.4 1,685.2 2,383.6 2,700.9 991.4 674.4 317.0 1,709.5 14,148.8 14,878.3 14,318.3 5.3 4.3IV ................ –702.5 1,771.6 2,474.0 2,748.3 1,004.3 680.8 323.6 1,743.9 14,328.0 15,040.3 14,522.2 4.5 4.4

2008: I .................. –744.4 1,803.6 2,548.1 2,808.4 1,038.3 703.6 334.8 1,770.1 14,382.1 15,118.3 14,544.9 1.0 2.1II ................. –738.7 1,901.5 2,640.2 2,877.1 1,069.5 725.6 343.9 1,807.6 14,547.1 15,236.4 14,626.6 3.5 3.2III ................ –757.5 1,913.1 2,670.5 2,941.4 1,108.3 763.6 344.7 1,833.1 14,583.7 15,304.2 14,707.5 1.4 1.8IV ................ –590.5 1,706.2 2,296.7 2,905.9 1,114.3 758.9 355.3 1,791.7 14,391.8 14,937.8 14,454.3 –5.4 –9.2

2009: I .................. –378.5 1,509.3 1,887.9 2,879.0 1,106.7 750.7 356.0 1,772.3 14,305.3 14,556.5 14,277.9 –4.6 –9.8II ................. –339.1 1,493.7 1,832.8 2,929.4 1,138.3 776.2 362.1 1,791.2 14,327.4 14,490.3 14,243.8 –.8 –1.8III ................ –402.2 1,573.8 1,976.0 2,955.4 1,164.3 795.8 368.5 1,791.1 14,398.7 14,644.3 14,363.7 2.6 4.3IV p ............. –440.5 1,663.4 2,103.9 2,969.5 1,170.4 793.8 376.5 1,799.1 14,503.4 14,903.9 .............. 6.4 7.3

1 Gross domestic product (GDP) less exports of goods and services plus imports of goods and services.2 GDP plus net income receipts from rest of the world.Source: Department of Commerce (Bureau of Economic Analysis).

330 | Appendix B

Table B–2. Real gross domestic product, 1960–2009[Billions of chained (2005) dollars, except as noted; quarterly data at seasonally adjusted annual rates]

Year or quarterGross

domesticproduct

Personal consumption expenditures Gross private domestic investment

Total Goods Services Total

Fixed investmentChange

inprivateinven-tories

Total

NonresidentialResi-

dentialTotal StructuresEquip-

ment andsoftware

1960 ...................... 2,830.9 1,784.4 ................. ................. 296.5 ................. ................. ................. ................. ................. ...................1961 ...................... 2,896.9 1,821.2 ................. ................. 294.6 ................. ................. ................. ................. ................. ...................1962 ...................... 3,072.4 1,911.2 ................. ................. 332.0 ................. ................. ................. ................. ................. ...................1963 ...................... 3,206.7 1,989.9 ................. ................. 354.3 ................. ................. ................. ................. ................. ...................1964 ...................... 3,392.3 2,108.4 ................. ................. 383.5 ................. ................. ................. ................. ................. ...................1965 ...................... 3,610.1 2,241.8 ................. ................. 437.3 ................. ................. ................. ................. ................. ...................1966 ...................... 3,845.3 2,369.0 ................. ................. 475.8 ................. ................. ................. ................. ................. ...................1967 ...................... 3,942.5 2,440.0 ................. ................. 454.1 ................. ................. ................. ................. ................. ...................1968 ...................... 4,133.4 2,580.7 ................. ................. 480.5 ................. ................. ................. ................. ................. ...................1969 ...................... 4,261.8 2,677.4 ................. ................. 508.5 ................. ................. ................. ................. ................. ...................1970 ...................... 4,269.9 2,740.2 ................. ................. 475.1 ................. ................. ................. ................. ................. ...................1971 ...................... 4,413.3 2,844.6 ................. ................. 529.3 ................. ................. ................. ................. ................. ...................1972 ...................... 4,647.7 3,019.5 ................. ................. 591.9 ................. ................. ................. ................. ................. ...................1973 ...................... 4,917.0 3,169.1 ................. ................. 661.3 ................. ................. ................. ................. ................. ...................1974 ...................... 4,889.9 3,142.8 ................. ................. 612.6 ................. ................. ................. ................. ................. ...................1975 ...................... 4,879.5 3,214.1 ................. ................. 504.1 ................. ................. ................. ................. ................. ...................1976 ...................... 5,141.3 3,393.1 ................. ................. 605.9 ................. ................. ................. ................. ................. ...................1977 ...................... 5,377.7 3,535.9 ................. ................. 697.4 ................. ................. ................. ................. ................. ...................1978 ...................... 5,677.6 3,691.8 ................. ................. 781.5 ................. ................. ................. ................. ................. ...................1979 ...................... 5,855.0 3,779.5 ................. ................. 806.4 ................. ................. ................. ................. ................. ...................1980 ...................... 5,839.0 3,766.2 ................. ................. 717.9 ................. ................. ................. ................. ................. ...................1981 ...................... 5,987.2 3,823.3 ................. ................. 782.4 ................. ................. ................. ................. ................. ...................1982 ...................... 5,870.9 3,876.7 ................. ................. 672.8 ................. ................. ................. ................. ................. ...................1983 ...................... 6,136.2 4,098.3 ................. ................. 735.5 ................. ................. ................. ................. ................. ...................1984 ...................... 6,577.1 4,315.6 ................. ................. 952.1 ................. ................. ................. ................. ................. ...................1985 ...................... 6,849.3 4,540.4 ................. ................. 943.3 ................. ................. ................. ................. ................. ...................1986 ...................... 7,086.5 4,724.5 ................. ................. 936.9 ................. ................. ................. ................. ................. ...................1987 ...................... 7,313.3 4,870.3 ................. ................. 965.7 ................. ................. ................. ................. ................. ...................1988 ...................... 7,613.9 5,066.6 ................. ................. 988.5 ................. ................. ................. ................. ................. ...................1989 ...................... 7,885.9 5,209.9 ................. ................. 1,028.1 ................. ................. ................. ................. ................. ...................1990 ...................... 8,033.9 5,316.2 .................. .................. 993.5 .................. .................. .................. .................. .................. ...................1991 ...................... 8,015.1 5,324.2 .................. .................. 912.7 .................. .................. .................. .................. .................. ...................1992 ...................... 8,287.1 5,505.7 .................. .................. 986.7 .................. .................. .................. .................. .................. ...................1993 ...................... 8,523.4 5,701.2 .................. .................. 1,074.8 .................. .................. .................. .................. .................. ...................1994 ...................... 8,870.7 5,918.9 .................. .................. 1,220.9 .................. .................. .................. .................. .................. ...................1995 ...................... 9,093.7 6,079.0 1,898.6 4,208.2 1,258.9 1,235.7 792.2 342.0 493.0 456.1 32.11996 ...................... 9,433.9 6,291.2 1,983.6 4,331.4 1,370.3 1,346.5 866.2 361.4 545.4 492.5 31.21997 ...................... 9,854.3 6,523.4 2,078.2 4,465.0 1,540.8 1,470.8 970.8 387.9 620.4 501.8 77.41998 ...................... 10,283.5 6,865.5 2,218.6 4,661.8 1,695.1 1,630.4 1,087.4 407.7 710.4 540.4 71.61999 ...................... 10,779.8 7,240.9 2,395.3 4,852.8 1,844.3 1,782.1 1,200.9 408.2 810.9 574.2 68.52000 ...................... 11,226.0 7,608.1 2,521.7 5,093.3 1,970.3 1,913.8 1,318.5 440.0 895.8 580.0 60.22001 ...................... 11,347.2 7,813.9 2,600.9 5,218.7 1,831.9 1,877.6 1,281.8 433.3 866.9 583.3 –41.82002 ...................... 11,553.0 8,021.9 2,706.6 5,318.1 1,807.0 1,798.1 1,180.2 356.6 830.3 613.8 12.82003 ...................... 11,840.7 8,247.6 2,829.9 5,418.4 1,871.6 1,856.2 1,191.0 343.0 851.4 664.3 17.32004 ...................... 12,263.8 8,532.7 2,955.3 5,577.6 2,058.2 1,992.5 1,263.0 346.7 917.3 729.5 66.32005 ...................... 12,638.4 8,819.0 3,073.9 5,745.1 2,172.2 2,122.3 1,347.3 351.8 995.6 775.0 50.02006 ...................... 12,976.2 9,073.5 3,173.9 5,899.7 2,230.4 2,171.3 1,453.9 384.0 1,069.6 718.2 59.42007 ...................... 13,254.1 9,313.9 3,273.7 6,040.8 2,146.2 2,126.3 1,544.3 441.4 1,097.0 585.0 19.52008 ...................... 13,312.2 9,290.9 3,206.0 6,083.1 1,989.4 2,018.4 1,569.7 486.8 1,068.6 451.1 –25.92009 p .................... 12,988.7 9,237.3 3,143.7 6,090.5 1,522.8 1,646.7 1,289.1 391.0 887.9 359.1 –111.72006: I .................. 12,915.9 8,986.6 3,145.7 5,841.0 2,264.7 2,200.2 1,424.9 364.8 1,060.7 775.2 65.8

II ................. 12,962.5 9,035.0 3,150.8 5,884.2 2,261.2 2,189.9 1,450.3 383.7 1,066.3 740.1 72.5III ................ 12,965.9 9,090.7 3,176.4 5,914.3 2,229.6 2,162.2 1,466.0 393.2 1,072.0 697.4 67.5IV ................ 13,060.7 9,181.6 3,222.5 5,959.4 2,166.0 2,132.9 1,474.5 394.6 1,079.3 660.2 31.8

2007: I .................. 13,099.9 9,265.1 3,253.9 6,011.7 2,132.6 2,118.8 1,489.6 409.2 1,078.1 631.7 14.5II ................. 13,204.0 9,291.5 3,255.4 6,036.2 2,162.2 2,137.7 1,530.3 430.7 1,095.2 610.4 23.3III ................ 13,321.1 9,335.6 3,280.6 6,055.5 2,166.5 2,135.6 1,565.8 456.8 1,101.3 572.9 29.8IV ................ 13,391.2 9,363.6 3,304.8 6,059.7 2,123.4 2,113.0 1,591.3 469.1 1,113.3 525.0 10.3

2008: I .................. 13,366.9 9,349.6 3,262.1 6,087.1 2,082.9 2,079.2 1,598.9 476.8 1,111.9 483.2 .6II ................. 13,415.3 9,351.0 3,257.8 6,092.5 2,026.5 2,064.8 1,604.4 493.2 1,097.7 462.9 –37.1III ................ 13,324.6 9,267.7 3,193.6 6,072.4 1,990.7 2,020.4 1,579.2 493.1 1,071.0 443.3 –29.7IV ................ 13,141.9 9,195.3 3,110.4 6,080.4 1,857.7 1,909.3 1,496.1 484.0 993.7 415.0 –37.4

2009: I .................. 12,925.4 9,209.2 3,129.8 6,076.0 1,558.5 1,687.5 1,321.2 419.4 887.5 367.9 –113.9II ................. 12,901.5 9,189.0 3,105.4 6,078.8 1,456.7 1,631.9 1,288.4 400.0 876.5 344.4 –160.2III ................ 12,973.0 9,252.6 3,159.6 6,090.6 1,474.4 1,626.7 1,269.0 380.2 879.8 359.6 –139.2IV p ............. 13,155.0 9,298.5 3,180.0 6,116.4 1,601.8 1,640.6 1,278.1 364.6 907.7 364.6 –33.5

See next page for continuation of table.

National Income or Expenditure | 331

Table B–2. Real gross domestic product, 1960–2009—Continued[Billions of chained (2005) dollars, except as noted; quarterly data at seasonally adjusted annual rates]

Year or quarter

Net exports ofgoods and services

Government consumption expendituresand gross investment Final

sales ofdomes-

ticproduct

Grossdomestic

pur-chases 1

Adden-dum:Gross

nationalprod-uct 2

Percent changefrom preceding

period

Netexports Exports Imports Total

FederalStateandlocal

Grossdomes-

ticproduct

Grossdomes-

ticpur-

chases 1Total National

defenseNon-

defense

1960 ...................... ............. 98.5 114.5 871.0 ............. .............. ............. ............. 2,836.6 2,867.6 2,850.6 2.5 1.81961 ...................... ............. 99.0 113.8 914.8 ............. .............. ............. ............. 2,904.6 2,933.3 2,918.6 2.3 2.31962 ...................... ............. 104.0 126.7 971.1 ............. .............. ............. ............. 3,064.9 3,119.0 3,096.8 6.1 6.31963 ...................... ............. 111.5 130.1 996.1 ............. .............. ............. ............. 3,202.6 3,248.8 3,232.8 4.4 4.21964 ...................... ............. 124.6 137.0 1,018.0 ............. .............. ............. ............. 3,393.7 3,426.3 3,420.4 5.8 5.51965 ...................... ............. 128.1 151.6 1,048.7 ............. .............. ............. ............. 3,590.7 3,659.2 3,639.5 6.4 6.81966 ...................... ............. 137.0 174.1 1,141.1 ............. .............. ............. ............. 3,806.6 3,910.2 3,873.1 6.5 6.91967 ...................... ............. 140.1 186.8 1,228.7 ............. .............. ............. ............. 3,923.3 4,018.2 3,971.1 2.5 2.81968 ...................... ............. 151.1 214.7 1,267.2 ............. .............. ............. ............. 4,119.4 4,225.6 4,164.1 4.8 5.21969 ...................... ............. 158.4 226.9 1,264.3 ............. .............. ............. ............. 4,248.6 4,358.6 4,291.6 3.1 3.11970 ...................... ............. 175.5 236.6 1,233.7 ............. .............. ............. ............. 4,287.9 4,352.0 4,299.4 .2 –.21971 ...................... ............. 178.4 249.2 1,206.9 ............. .............. ............. ............. 4,407.4 4,506.9 4,446.0 3.4 3.61972 ...................... ............. 191.8 277.2 1,198.1 ............. .............. ............. ............. 4,640.6 4,755.8 4,682.9 5.3 5.51973 ...................... ............. 228.0 290.1 1,193.9 ............. .............. ............. ............. 4,888.2 4,991.2 4,964.5 5.8 5.01974 ...................... ............. 246.0 283.5 1,224.0 ............. .............. ............. ............. 4,874.1 4,926.2 4,944.0 –.6 –1.31975 ...................... ............. 244.5 252.0 1,251.6 ............. .............. ............. ............. 4,926.3 4,872.0 4,921.4 –.2 –1.11976 ...................... ............. 255.1 301.3 1,257.2 ............. .............. ............. ............. 5,120.2 5,189.2 5,191.2 5.4 6.51977 ...................... ............. 261.3 334.2 1,271.0 ............. .............. ............. ............. 5,344.9 5,464.4 5,433.7 4.6 5.31978 ...................... ............. 288.8 363.2 1,308.4 ............. .............. ............. ............. 5,639.7 5,763.2 5,733.2 5.6 5.51979 ...................... ............. 317.5 369.2 1,332.8 ............. .............. ............. ............. 5,841.2 5,903.3 5,930.2 3.1 2.41980 ...................... ............. 351.7 344.7 1,358.8 ............. .............. ............. ............. 5,878.7 5,789.6 5,913.4 –.3 –1.91981 ...................... ............. 356.0 353.8 1,371.2 ............. .............. ............. ............. 5,959.5 5,944.7 6,052.5 2.5 2.71982 ...................... ............. 328.8 349.3 1,395.3 ............. .............. ............. ............. 5,923.3 5,865.4 5,939.1 –1.9 –1.31983 ...................... ............. 320.3 393.4 1,446.3 ............. .............. ............. ............. 6,172.9 6,208.3 6,202.3 4.5 5.81984 ...................... ............. 346.4 489.1 1,494.9 ............. .............. ............. ............. 6,495.6 6,745.4 6,639.8 7.2 8.71985 ...................... ............. 357.0 520.9 1,599.0 ............. .............. ............. ............. 6,838.9 7,045.3 6,893.9 4.1 4.41986 ...................... ............. 384.4 565.4 1,696.2 ............. .............. ............. ............. 7,098.7 7,303.3 7,116.5 3.5 3.71987 ...................... ............. 425.7 598.9 1,737.1 ............. .............. ............. ............. 7,296.2 7,518.4 7,342.2 3.2 2.91988 ...................... ............. 493.9 622.4 1,758.9 ............. .............. ............. ............. 7,607.8 7,758.8 7,650.4 4.1 3.21989 ...................... ............. 550.6 649.8 1,806.8 ............. .............. ............. ............. 7,867.5 7,990.9 7,924.0 3.6 3.01990 ...................... .............. 600.2 673.0 1,864.0 .............. .............. .............. .............. 8,032.7 8,104.6 8,081.8 1.9 1.41991 ...................... .............. 640.0 672.0 1,884.4 .............. .............. .............. .............. 8,034.8 8,034.6 8,055.6 –.2 –.91992 ...................... .............. 684.0 719.2 1,893.2 .............. .............. .............. .............. 8,284.3 8,309.6 8,326.4 3.4 3.41993 ...................... .............. 706.4 781.4 1,878.2 .............. .............. .............. .............. 8,515.3 8,592.9 8,563.2 2.9 3.41994 ...................... .............. 768.0 874.6 1,878.0 .............. .............. .............. .............. 8,809.2 8,976.0 8,900.5 4.1 4.51995 ...................... –98.8 845.7 944.5 1,888.9 704.1 476.8 227.5 1,183.6 9,073.2 9,189.0 9,129.4 2.5 2.41996 ...................... –110.7 916.0 1,026.7 1,907.9 696.0 470.4 225.7 1,211.1 9,412.5 9,542.0 9,471.1 3.7 3.81997 ...................... –139.8 1,025.1 1,165.0 1,943.8 689.1 457.2 231.9 1,254.3 9,782.6 9,992.8 9,881.8 4.5 4.71998 ...................... –252.6 1,048.5 1,301.1 1,985.0 681.4 447.5 233.7 1,303.8 10,217.1 10,539.9 10,304.0 4.4 5.51999 ...................... –356.6 1,094.3 1,450.9 2,056.1 694.6 455.8 238.7 1,361.8 10,715.7 11,141.1 10,812.1 4.8 5.72000 ...................... –451.6 1,188.3 1,639.9 2,097.8 698.1 453.5 244.4 1,400.1 11,167.5 11,681.4 11,268.8 4.1 4.82001 ...................... –472.1 1,121.6 1,593.8 2,178.3 726.5 470.7 255.5 1,452.3 11,391.7 11,825.7 11,404.6 1.1 1.22002 ...................... –548.8 1,099.2 1,648.0 2,279.6 779.5 505.3 273.9 1,500.6 11,543.5 12,107.7 11,606.9 1.8 2.42003 ...................... –603.9 1,116.8 1,720.7 2,330.5 831.1 549.2 281.7 1,499.7 11,824.8 12,449.2 11,914.2 2.5 2.82004 ...................... –688.0 1,222.8 1,910.8 2,362.0 865.0 580.4 284.6 1,497.1 12,198.2 12,952.5 12,358.5 3.6 4.02005 ...................... –722.7 1,305.1 2,027.8 2,369.9 876.3 589.0 287.3 1,493.6 12,588.4 13,361.1 12,735.5 3.1 3.22006 ...................... –729.2 1,422.0 2,151.2 2,402.1 894.9 598.4 296.6 1,507.2 12,917.1 13,705.7 13,046.1 2.7 2.62007 ...................... –647.7 1,546.1 2,193.8 2,443.1 906.4 611.5 294.9 1,536.7 13,234.3 13,901.6 13,362.8 2.1 1.42008 ...................... –494.3 1,629.3 2,123.5 2,518.1 975.9 659.4 316.4 1,543.7 13,341.2 13,801.2 13,442.6 .4 –.72009 p .................... –353.8 1,468.6 1,822.5 2,566.4 1,026.7 695.1 331.4 1,542.8 13,115.2 13,335.8 .............. –2.4 –3.42006: I .................. –732.6 1,388.8 2,121.3 2,397.1 900.5 595.6 305.0 1,496.6 12,851.3 13,648.7 12,994.2 5.4 4.7

II ................. –732.8 1,412.1 2,144.9 2,399.1 892.8 597.2 295.7 1,506.3 12,891.0 13,695.5 13,035.4 1.4 1.4III ................ –756.5 1,414.1 2,170.5 2,402.7 892.0 594.3 297.7 1,510.8 12,898.3 13,722.8 13,025.1 .1 .8IV ................ –694.9 1,473.2 2,168.1 2,409.4 894.4 606.5 287.8 1,515.0 13,027.8 13,755.7 13,129.5 3.0 1.0

2007: I .................. –705.0 1,485.9 2,190.8 2,409.5 882.8 594.7 288.1 1,526.5 13,086.4 13,805.0 13,160.5 1.2 1.4II ................. –683.4 1,504.8 2,188.1 2,435.4 898.7 607.1 291.6 1,536.5 13,179.6 13,887.6 13,275.9 3.2 2.4III ................ –638.4 1,569.9 2,208.3 2,458.9 919.0 621.7 297.2 1,540.0 13,290.3 13,959.7 13,451.5 3.6 2.1IV ................ –564.0 1,624.0 2,188.0 2,468.7 925.1 622.4 302.7 1,543.7 13,381.1 13,954.2 13,563.3 2.1 –.2

2008: I .................. –550.9 1,623.4 2,174.3 2,484.7 943.4 634.8 308.6 1,541.9 13,363.5 13,916.4 13,525.4 –.7 –1.1II ................. –476.0 1,670.4 2,146.5 2,506.9 961.3 645.6 315.8 1,546.6 13,453.5 13,885.5 13,533.7 1.5 –.9III ................ –479.2 1,655.2 2,134.4 2,536.6 991.6 675.4 315.9 1,547.0 13,354.3 13,798.8 13,470.7 –2.7 –2.5IV ................ –470.9 1,568.0 2,038.9 2,544.0 1,007.3 681.7 325.4 1,539.3 13,193.5 13,604.0 13,240.5 –5.4 –5.5

2009: I .................. –386.5 1,434.5 1,821.0 2,527.2 996.3 672.8 323.4 1,533.3 13,055.8 13,303.1 13,018.1 –6.4 –8.6II ................. –330.4 1,419.5 1,749.8 2,568.6 1,023.5 695.2 328.2 1,548.0 13,077.8 13,225.9 12,986.8 –.7 –2.3III ................ –357.4 1,478.8 1,836.2 2,585.5 1,043.3 709.3 333.8 1,545.5 13,127.2 13,323.8 13,084.0 2.2 3.0IV p ............. –341.1 1,541.6 1,882.7 2,584.4 1,043.5 703.1 340.4 1,544.3 13,200.2 13,490.3 .............. 5.7 5.1

1 Gross domestic product (GDP) less exports of goods and services plus imports of goods and services.2 GDP plus net income receipts from rest of the world.Source: Department of Commerce (Bureau of Economic Analysis).

332 | Appendix B

Table B–3. Quantity and price indexes for gross domestic product, and percent changes,1960–2009

[Quarterly data are seasonally adjusted]

Year or quarter

Index numbers, 2005=100 Percent change from preceding period 1

Gross domestic product (GDP) Personal consumptionexpenditures (PCE) Gross domestic product (GDP) Personal consumption

expenditures (PCE)

Real GDP(chain-type

quantityindex)

GDPchain-typeprice index

GDPimplicit

pricedeflator

PCEchain-typeprice index

PCEless food

and energyprice index

Real GDP(chain-type

quantityindex)

GDPchain-typeprice index

GDPimplicit

pricedeflator

PCEchain-typeprice index

PCEless food

and energyprice index

1960 ...................... 22.399 18.604 18.596 18.606 19.024 2.5 1.4 1.4 1.6 1.81961 ...................... 22.921 18.814 18.805 18.801 19.262 2.3 1.1 1.1 1.0 1.31962 ...................... 24.310 19.071 19.062 19.023 19.525 6.1 1.4 1.4 1.2 1.41963 ...................... 25.373 19.273 19.265 19.245 19.778 4.4 1.1 1.1 1.2 1.31964 ...................... 26.841 19.572 19.563 19.527 20.081 5.8 1.6 1.5 1.5 1.51965 ...................... 28.565 19.928 19.919 19.810 20.335 6.4 1.8 1.8 1.4 1.31966 ...................... 30.426 20.493 20.484 20.313 20.795 6.5 2.8 2.8 2.5 2.31967 ...................... 31.195 21.124 21.115 20.824 21.432 2.5 3.1 3.1 2.5 3.11968 ...................... 32.705 22.022 22.012 21.636 22.351 4.8 4.3 4.2 3.9 4.31969 ...................... 33.721 23.110 23.099 22.616 23.400 3.1 4.9 4.9 4.5 4.71970 ...................... 33.786 24.328 24.317 23.674 24.498 .2 5.3 5.3 4.7 4.71971 ...................... 34.920 25.545 25.533 24.680 25.651 3.4 5.0 5.0 4.2 4.71972 ...................... 36.775 26.647 26.634 25.525 26.480 5.3 4.3 4.3 3.4 3.21973 ...................... 38.905 28.124 28.112 26.901 27.492 5.8 5.5 5.5 5.4 3.81974 ...................... 38.691 30.669 30.664 29.703 29.673 –.6 9.0 9.1 10.4 7.91975 ...................... 38.609 33.577 33.563 32.184 32.159 –.2 9.5 9.5 8.4 8.41976 ...................... 40.680 35.505 35.489 33.950 34.114 5.4 5.7 5.7 5.5 6.11977 ...................... 42.550 37.764 37.751 36.155 36.303 4.6 6.4 6.4 6.5 6.41978 ...................... 44.924 40.413 40.400 38.687 38.731 5.6 7.0 7.0 7.0 6.71979 ...................... 46.328 43.773 43.761 42.118 41.550 3.1 8.3 8.3 8.9 7.31980 ...................... 46.200 47.776 47.751 46.641 45.356 –.3 9.1 9.1 10.7 9.21981 ...................... 47.373 52.281 52.225 50.810 49.318 2.5 9.4 9.4 8.9 8.71982 ...................... 46.453 55.467 55.412 53.615 52.501 –1.9 6.1 6.1 5.5 6.51983 ...................... 48.552 57.655 57.603 55.923 55.220 4.5 3.9 4.0 4.3 5.21984 ...................... 52.041 59.823 59.766 58.038 57.513 7.2 3.8 3.8 3.8 4.21985 ...................... 54.194 61.633 61.576 59.938 59.695 4.1 3.0 3.0 3.3 3.81986 ...................... 56.071 63.003 62.937 61.399 61.945 3.5 2.2 2.2 2.4 3.81987 ...................... 57.866 64.763 64.764 63.589 64.300 3.2 2.8 2.9 3.6 3.81988 ...................... 60.244 66.990 66.988 66.121 67.088 4.1 3.4 3.4 4.0 4.31989 ...................... 62.397 69.520 69.518 68.994 69.856 3.6 3.8 3.8 4.3 4.11990 ...................... 63.568 72.213 72.201 72.147 72.838 1.9 3.9 3.9 4.6 4.31991 ...................... 63.419 74.762 74.760 74.755 75.673 –.2 3.5 3.5 3.6 3.91992 ...................... 65.571 76.537 76.533 76.954 78.218 3.4 2.4 2.4 2.9 3.41993 ...................... 67.441 78.222 78.224 78.643 80.068 2.9 2.2 2.2 2.2 2.41994 ...................... 70.188 79.867 79.872 80.265 81.836 4.1 2.1 2.1 2.1 2.21995 ...................... 71.953 81.533 81.536 82.041 83.721 2.5 2.1 2.1 2.2 2.31996 ...................... 74.645 83.083 83.088 83.826 85.346 3.7 1.9 1.9 2.2 1.91997 ...................... 77.972 84.554 84.555 85.395 86.981 4.5 1.8 1.8 1.9 1.91998 ...................... 81.367 85.507 85.511 86.207 88.242 4.4 1.1 1.1 1.0 1.41999 ...................... 85.295 86.766 86.768 87.596 89.555 4.8 1.5 1.5 1.6 1.52000 ...................... 88.825 88.648 88.647 89.777 91.111 4.1 2.2 2.2 2.5 1.72001 ...................... 89.783 90.654 90.650 91.488 92.739 1.1 2.3 2.3 1.9 1.82002 ...................... 91.412 92.113 92.118 92.736 94.345 1.8 1.6 1.6 1.4 1.72003 ...................... 93.688 94.099 94.100 94.622 95.784 2.5 2.2 2.2 2.0 1.52004 ...................... 97.036 96.769 96.770 97.098 97.788 3.6 2.8 2.8 2.6 2.12005 ...................... 100.000 100.000 100.000 100.000 100.000 3.1 3.3 3.3 3.0 2.32006 ...................... 102.673 103.263 103.257 102.746 102.292 2.7 3.3 3.3 2.7 2.32007 ...................... 104.872 106.221 106.214 105.502 104.699 2.1 2.9 2.9 2.7 2.42008 ...................... 105.331 108.481 108.483 109.031 107.207 .4 2.1 2.1 3.3 2.42009 p .................... 102.772 109.754 109.777 109.252 108.828 –2.4 1.2 1.2 .2 1.52006: I .................. 102.196 102.071 102.071 101.803 101.325 5.4 3.0 3.0 1.7 2.0

II ................. 102.564 102.980 102.973 102.567 102.057 1.4 3.6 3.6 3.0 2.9III ................ 102.592 103.763 103.756 103.316 102.630 .1 3.1 3.1 3.0 2.3IV ................ 103.341 104.237 104.218 103.298 103.154 3.0 1.8 1.8 –.1 2.1

2007: I .................. 103.652 105.327 105.310 104.250 103.862 1.2 4.2 4.3 3.7 2.8II ................. 104.475 106.026 106.008 105.074 104.318 3.2 2.7 2.7 3.2 1.8III ................ 105.402 106.460 106.447 105.681 104.904 3.6 1.6 1.7 2.3 2.3IV ................ 105.957 107.072 107.069 107.005 105.714 2.1 2.3 2.4 5.1 3.1

2008: I .................. 105.764 107.577 107.534 107.974 106.333 –.7 1.9 1.7 3.7 2.4II ................. 106.147 108.061 108.069 109.021 106.976 1.5 1.8 2.0 3.9 2.4III ................ 105.430 109.130 109.172 110.273 107.652 –2.7 4.0 4.1 4.7 2.6IV ................ 103.984 109.155 109.172 108.855 107.866 –5.4 .1 .0 –5.0 .8

2009: I .................. 102.271 109.661 109.691 108.449 108.173 –6.4 1.9 1.9 –1.5 1.1II ................. 102.082 109.656 109.686 108.814 108.712 –.7 .0 .0 1.4 2.0III ................ 102.648 109.763 109.783 109.510 109.027 2.2 .4 .4 2.6 1.2IV p ............. 104.088 109.934 109.946 110.235 109.400 5.7 .6 .6 2.7 1.4

1 Quarterly percent changes are at annual rates.Source: Department of Commerce (Bureau of Economic Analysis).

National Income or Expenditure | 333

Table B–4. Percent changes in real gross domestic product, 1960–2009[Percent change from preceding period; quarterly data at seasonally adjusted annual rates]

Year or quarterGross

domes-tic

product

Personal consumptionexpenditures Gross private domestic investment

Exports andimports of goods

and services

Government consumptionexpenditures and gross

investment

Total Goods Services

Nonresidential fixed

Resi-dentialfixed

Exports Imports Total FederalStateandlocalTotal Struc-

tures

Equip-mentandsoft-ware

1960 ..................... 2.5 2.7 1.8 3.9 5.7 8.0 4.2 –7.1 17.4 1.3 0.2 –2.7 4.41961 ..................... 2.3 2.1 .6 3.7 –.6 1.4 –1.9 .3 .5 –.7 5.0 4.2 6.21962 ..................... 6.1 4.9 5.1 4.7 8.7 4.6 11.6 9.6 5.0 11.4 6.2 8.5 3.11963 ..................... 4.4 4.1 4.0 4.2 5.6 1.2 8.4 11.8 7.2 2.7 2.6 .1 6.01964 ..................... 5.8 6.0 6.0 6.0 11.9 10.4 12.8 5.8 11.8 5.3 2.2 –1.3 6.81965 ..................... 6.4 6.3 7.1 5.5 17.4 15.9 18.3 –2.9 2.8 10.6 3.0 .0 6.71966 ..................... 6.5 5.7 6.3 5.0 12.5 6.8 16.0 –8.9 6.9 14.9 8.8 11.1 6.31967 ..................... 2.5 3.0 2.0 4.1 –1.3 –2.5 –.7 –3.1 2.3 7.3 7.7 10.0 5.11968 ..................... 4.8 5.8 6.2 5.3 4.5 1.4 6.2 13.6 7.9 14.9 3.1 .8 5.91969 ..................... 3.1 3.7 3.1 4.5 7.6 5.4 8.8 3.0 4.8 5.7 –.2 –3.4 3.41970 ..................... .2 2.3 .8 3.9 –.5 .3 –1.0 –6.0 10.7 4.3 –2.4 –7.4 2.81971 ..................... 3.4 3.8 4.2 3.5 .0 –1.6 1.0 27.4 1.7 5.3 –2.2 –7.7 3.11972 ..................... 5.3 6.2 6.5 5.8 9.2 3.1 12.9 17.8 7.5 11.3 –.7 –4.1 2.21973 ..................... 5.8 5.0 5.2 4.7 14.6 8.2 18.3 –.6 18.9 4.6 –.4 –4.2 2.91974 ..................... –.6 –.8 –3.6 1.9 .8 –2.2 2.6 –20.6 7.9 –2.3 2.5 .9 3.81975 ..................... –.2 2.3 .7 3.8 –9.9 –10.5 –9.5 –13.0 –.6 –11.1 2.3 .3 3.71976 ..................... 5.4 5.6 7.0 4.3 4.9 2.4 6.3 23.5 4.4 19.6 .4 .0 .71977 ..................... 4.6 4.2 4.3 4.1 11.3 4.1 15.1 21.5 2.4 10.9 1.1 2.1 .41978 ..................... 5.6 4.4 4.1 4.7 15.0 14.4 15.2 6.3 10.5 8.7 2.9 2.5 3.31979 ..................... 3.1 2.4 1.6 3.1 10.1 12.7 8.7 –3.7 9.9 1.7 1.9 2.4 1.51980 ..................... –.3 –.4 –2.5 1.5 –.3 5.9 –3.6 –21.2 10.8 –6.6 1.9 4.7 –.11981 ..................... 2.5 1.5 1.2 1.8 5.7 8.0 4.3 –8.0 1.2 2.6 .9 4.8 –2.01982 ..................... –1.9 1.4 .7 1.9 –3.8 –1.6 –5.2 –18.2 –7.6 –1.3 1.8 3.9 .01983 ..................... 4.5 5.7 6.4 5.2 –1.3 –10.8 5.4 41.4 –2.6 12.6 3.7 6.6 1.21984 ..................... 7.2 5.3 7.2 3.9 17.6 13.9 19.8 14.8 8.2 24.3 3.4 3.1 3.61985 ..................... 4.1 5.2 5.3 5.2 6.6 7.1 6.4 1.6 3.0 6.5 7.0 7.8 6.21986 ..................... 3.5 4.1 5.6 3.0 –2.9 –11.0 1.9 12.3 7.7 8.5 6.1 5.7 6.41987 ..................... 3.2 3.1 1.8 4.0 –.1 –2.9 1.4 2.0 10.8 5.9 2.4 3.6 1.41988 ..................... 4.1 4.0 3.7 4.2 5.2 .7 7.5 –1.0 16.0 3.9 1.3 –1.6 3.71989 ..................... 3.6 2.8 2.5 3.0 5.6 2.0 7.3 –3.0 11.5 4.4 2.7 1.6 3.71990 ..................... 1.9 2.0 .6 3.0 .5 1.5 .0 –8.6 9.0 3.6 3.2 2.0 4.11991 ..................... –.2 .1 –2.0 1.5 –5.4 –11.1 –2.6 –9.6 6.6 –.1 1.1 –.2 2.11992 ..................... 3.4 3.4 3.2 3.6 3.2 –6.0 7.3 13.8 6.9 7.0 .5 –1.8 2.21993 ..................... 2.9 3.6 4.2 3.2 8.7 –.6 12.5 8.2 3.3 8.6 –.8 –3.9 1.51994 ..................... 4.1 3.8 5.3 3.0 9.2 1.8 11.9 9.7 8.7 11.9 .0 –3.8 2.61995 ..................... 2.5 2.7 3.0 2.5 10.5 6.4 12.0 –3.3 10.1 8.0 .6 –2.7 2.71996 ..................... 3.7 3.5 4.5 2.9 9.3 5.7 10.6 8.0 8.3 8.7 1.0 –1.2 2.31997 ..................... 4.5 3.7 4.8 3.1 12.1 7.3 13.8 1.9 11.9 13.5 1.9 –1.0 3.61998 ..................... 4.4 5.2 6.8 4.4 12.0 5.1 14.5 7.7 2.3 11.7 2.1 –1.1 3.91999 ..................... 4.8 5.5 8.0 4.1 10.4 .1 14.1 6.3 4.4 11.5 3.6 1.9 4.52000 ..................... 4.1 5.1 5.3 5.0 9.8 7.8 10.5 1.0 8.6 13.0 2.0 .5 2.82001 ..................... 1.1 2.7 3.1 2.5 –2.8 –1.5 –3.2 .6 –5.6 –2.8 3.8 4.1 3.72002 ..................... 1.8 2.7 4.1 1.9 –7.9 –17.7 –4.2 5.2 –2.0 3.4 4.7 7.3 3.32003 ..................... 2.5 2.8 4.6 1.9 .9 –3.8 2.5 8.2 1.6 4.4 2.2 6.6 –.12004 ..................... 3.6 3.5 4.4 2.9 6.0 1.1 7.7 9.8 9.5 11.0 1.4 4.1 –.22005 ..................... 3.1 3.4 4.0 3.0 6.7 1.4 8.5 6.2 6.7 6.1 .3 1.3 –.22006 ..................... 2.7 2.9 3.3 2.7 7.9 9.2 7.4 –7.3 9.0 6.1 1.4 2.1 .92007 ..................... 2.1 2.6 3.1 2.4 6.2 14.9 2.6 –18.5 8.7 2.0 1.7 1.3 2.02008 ..................... .4 –.2 –2.1 .7 1.6 10.3 –2.6 –22.9 5.4 –3.2 3.1 7.7 .52009 p ................... –2.4 –.6 –1.9 .1 –17.9 –19.7 –16.9 –20.4 –9.9 –14.2 1.9 5.2 –.12006: I ................. 5.4 4.5 7.5 2.9 18.0 18.9 17.8 –4.2 16.5 7.8 4.1 11.9 –.3

II ................ 1.4 2.2 .7 3.0 7.3 22.4 2.1 –16.9 6.9 4.5 .3 –3.4 2.6III ............... .1 2.5 3.3 2.1 4.4 10.3 2.2 –21.2 .6 4.9 .6 –.4 1.2IV ............... 3.0 4.1 5.9 3.1 2.3 1.5 2.8 –19.7 17.8 –.5 1.1 1.1 1.1

2007: I ................. 1.2 3.7 3.9 3.6 4.2 15.6 –.5 –16.2 3.5 4.3 .0 –5.1 3.1II ................ 3.2 1.1 .2 1.6 11.4 22.7 6.5 –12.9 5.2 –.5 4.4 7.4 2.7III ............... 3.6 1.9 3.1 1.3 9.6 26.6 2.2 –22.4 18.5 3.7 3.9 9.3 .9IV ............... 2.1 1.2 3.0 .3 6.7 11.2 4.5 –29.5 14.5 –3.6 1.6 2.7 1.0

2008: I ................. –.7 –.6 –5.1 1.8 1.9 6.8 –.5 –28.2 –.1 –2.5 2.6 8.1 –.5II ................ 1.5 .1 –.5 .4 1.4 14.5 –5.0 –15.8 12.1 –5.0 3.6 7.8 1.2III ............... –2.7 –3.5 –7.7 –1.3 –6.1 –.1 –9.4 –15.9 –3.6 –2.2 4.8 13.2 .1IV ............... –5.4 –3.1 –10.0 .5 –19.5 –7.2 –25.9 –23.2 –19.5 –16.7 1.2 6.5 –2.0

2009: I ................. –6.4 .6 2.5 –.3 –39.2 –43.6 –36.4 –38.2 –29.9 –36.4 –2.6 –4.3 –1.5II ................ –.7 –.9 –3.1 .2 –9.6 –17.3 –4.9 –23.3 –4.1 –14.7 6.7 11.4 3.9III ............... 2.2 2.8 7.2 .8 –5.9 –18.4 1.5 18.9 17.8 21.3 2.6 8.0 –.6IV p ............ 5.7 2.0 2.6 1.7 2.9 –15.4 13.3 5.7 18.1 10.5 –.2 .1 –.3

Note: Percent changes based on unrounded data.Source: Department of Commerce (Bureau of Economic Analysis).

334 | Appendix B

Table B–5. Contributions to percent change in real gross domestic product, 1960–2009[Percentage points, except as noted; quarterly data at seasonally adjusted annual rates]

Year or quarter

Grossdomesticproduct(percentchange)

Personal consumption expenditures Gross private domestic investment

Total Goods Services Total

Fixed investmentChange

inprivateinven-tories

Total

NonresidentialResi-

dentialTotal StructuresEquip-

ment andsoftware

1960 ...................... 2.5 1.72 0.60 1.13 0.00 0.13 0.52 0.28 0.24 –0.39 –0.131961 ...................... 2.3 1.30 .21 1.09 –.10 –.04 –.06 .05 –.11 .01 –.051962 ...................... 6.1 3.10 1.68 1.42 1.81 1.24 .78 .16 .61 .46 .571963 ...................... 4.4 2.56 1.29 1.27 1.00 1.08 .50 .04 .46 .58 –.081964 ...................... 5.8 3.69 1.91 1.78 1.25 1.37 1.07 .36 .71 .30 –.131965 ...................... 6.4 3.91 2.26 1.66 2.16 1.50 1.65 .57 1.07 –.15 .661966 ...................... 6.5 3.50 2.02 1.48 1.44 .87 1.29 .27 1.02 –.43 .581967 ...................... 2.5 1.82 .62 1.21 –.76 –.28 –.15 –.10 –.05 –.13 –.491968 ...................... 4.8 3.51 1.92 1.59 .90 .99 .46 .05 .41 .53 –.101969 ...................... 3.1 2.29 .95 1.34 .90 .90 .78 .20 .58 .13 .001970 ...................... .2 1.44 .24 1.19 –1.04 –.31 –.06 .01 –.07 –.26 –.731971 ...................... 3.4 2.37 1.27 1.10 1.67 1.10 .00 –.06 .07 1.10 .581972 ...................... 5.3 3.81 1.97 1.84 1.87 1.81 .93 .12 .81 .89 .061973 ...................... 5.8 3.08 1.57 1.51 1.96 1.47 1.50 .31 1.19 –.04 .501974 ...................... –.6 –.52 –1.12 .60 –1.31 –1.04 .09 –.09 .18 –1.13 –.271975 ...................... –.2 1.40 .20 1.20 –2.98 –1.71 –1.14 –.43 –.70 –.57 –1.271976 ...................... 5.4 3.51 2.08 1.43 2.84 1.42 .52 .09 .43 .90 1.411977 ...................... 4.6 2.66 1.28 1.38 2.43 2.18 1.19 .15 1.04 .99 .251978 ...................... 5.6 2.77 1.22 1.56 2.16 2.04 1.69 .54 1.15 .35 .121979 ...................... 3.1 1.48 .47 1.02 .61 1.02 1.23 .53 .71 –.21 –.411980 ...................... –.3 –.22 –.74 .52 –2.12 –1.21 –.03 .27 –.30 –1.17 –.911981 ...................... 2.5 .95 .34 .62 1.55 .39 .74 .40 .34 –.35 1.161982 ...................... –1.9 .86 .19 .67 –2.55 –1.21 –.50 –.09 –.42 –.71 –1.341983 ...................... 4.5 3.65 1.74 1.91 1.45 1.17 –.17 –.57 .41 1.33 .291984 ...................... 7.2 3.43 1.97 1.47 4.63 2.68 2.05 .60 1.45 .64 1.951985 ...................... 4.1 3.32 1.41 1.90 –.17 .89 .82 .32 .50 .07 –1.061986 ...................... 3.5 2.62 1.49 1.13 –.12 .20 –.36 –.50 .15 .55 –.321987 ...................... 3.2 2.01 .48 1.53 .51 .09 –.01 –.11 .10 .10 .421988 ...................... 4.1 2.64 .98 1.66 .39 .53 .58 .02 .55 –.05 –.141989 ...................... 3.6 1.86 .66 1.20 .64 .47 .61 .07 .54 –.14 .171990 ...................... 1.9 1.34 .16 1.18 –.53 –.32 .05 .05 .00 –.37 –.211991 ...................... –.2 .10 –.51 .61 –1.20 –.94 –.57 –.39 –.18 –.37 –.261992 ...................... 3.4 2.27 .78 1.49 1.07 .79 .31 –.18 .50 .47 .291993 ...................... 2.9 2.37 1.02 1.35 1.21 1.14 .83 –.02 .85 .31 .071994 ...................... 4.1 2.57 1.29 1.27 1.94 1.30 .91 .05 .86 .39 .631995 ...................... 2.5 1.81 .73 1.08 .48 .94 1.08 .17 .91 –.14 –.461996 ...................... 3.7 2.35 1.09 1.26 1.35 1.33 1.01 .16 .85 .33 .021997 ...................... 4.5 2.48 1.16 1.33 1.95 1.41 1.33 .21 1.12 .08 .541998 ...................... 4.4 3.50 1.61 1.90 1.65 1.70 1.38 .16 1.22 .32 –.051999 ...................... 4.8 3.68 1.90 1.78 1.50 1.52 1.24 .00 1.24 .28 –.022000 ...................... 4.1 3.44 1.29 2.15 1.19 1.24 1.20 .24 .96 .05 –.052001 ...................... 1.1 1.85 .77 1.09 –1.24 –.32 –.35 –.05 –.30 .03 –.922002 ...................... 1.8 1.85 .99 .86 –.22 –.70 –.94 –.58 –.36 .24 .482003 ...................... 2.5 1.97 1.11 .86 .55 .49 .10 –.10 .20 .40 .062004 ...................... 3.6 2.42 1.08 1.34 1.55 1.13 .61 .03 .58 .52 .422005 ...................... 3.1 2.34 .97 1.37 .92 1.05 .69 .04 .65 .36 –.132006 ...................... 2.7 2.01 .78 1.22 .46 .39 .84 .27 .58 –.45 .072007 ...................... 2.1 1.84 .75 1.09 –.65 –.35 .70 .49 .20 –1.05 –.302008 ...................... .4 –.17 –.50 .32 –1.18 –.81 .19 .39 –.20 –1.00 –.372009 p .................... –2.4 –.40 –.46 .06 –3.49 –2.75 –2.09 –.83 –1.27 –.65 –.742006: I .................. 5.4 3.08 1.76 1.32 1.08 1.57 1.84 .52 1.32 –.27 –.49

II ................. 1.4 1.48 .15 1.33 –.11 –.32 .80 .63 .17 –1.12 .22III ................ .1 1.70 .78 .92 –.99 –.86 .49 .32 .17 –1.36 –.13IV ................ 3.0 2.79 1.39 1.40 –1.99 –.91 .27 .05 .22 –1.18 –1.08

2007: I .................. 1.2 2.54 .93 1.61 –1.05 –.43 .46 .50 –.04 –.89 –.61II ................. 3.2 .81 .05 .76 .92 .59 1.25 .75 .51 –.66 .32III ................ 3.6 1.35 .75 .60 .14 –.04 1.10 .91 .19 –1.14 .19IV ................ 2.1 .86 .71 .15 –1.29 –.66 .78 .42 .36 –1.44 –.63

2008: I .................. –.7 –.39 –1.24 .85 –1.20 –.99 .25 .27 –.02 –1.24 –.21II ................. 1.5 .06 –.12 .17 –1.66 –.41 .19 .56 –.38 –.60 –1.25III ................ –2.7 –2.49 –1.89 –.60 –1.04 –1.30 –.73 .00 –.73 –.57 .26IV ................ –5.4 –2.15 –2.41 .26 –3.91 –3.28 –2.47 –.31 –2.15 –.81 –.64

2009: I .................. –6.4 .44 .56 –.13 –8.98 –6.62 –5.29 –2.28 –3.01 –1.33 –2.36II ................. –.7 –.62 –.71 .09 –3.10 –1.68 –1.01 –.69 –.32 –.67 –1.42III ................ 2.2 1.96 1.59 .37 .54 –.15 –.59 –.68 .10 .43 .69IV p ............. 5.7 1.44 .61 .83 3.82 .43 .29 –.52 .81 .14 3.39

See next page for continuation of table.

National Income or Expenditure | 335

Table B–5. Contributions to percent change in real gross domestic product,1960–2009—Continued

[Percentage points, except as noted; quarterly data at seasonally adjusted annual rates]

Year or quarter

Net exports of goods and services Government consumption expendituresand gross investment

Netexports

Exports ImportsTotal

Federal StateandlocalTotal Goods Services Total Goods Services Total National

defenseNon-

defense

1960 ...................... 0.72 0.78 0.76 0.02 –0.06 0.05 –0.11 0.04 –0.35 –0.17 –0.18 0.391961 ...................... .06 .03 .02 .01 .03 .00 .02 1.07 .51 .45 .06 .561962 ...................... –.21 .25 .17 .08 –.47 –.40 –.07 1.36 1.07 .63 .44 .291963 ...................... .24 .35 .29 .06 –.12 –.12 .00 .58 .01 –.25 .26 .571964 ...................... .36 .59 .52 .07 –.23 –.19 –.04 .49 –.17 –.39 .23 .651965 ...................... –.30 .15 .02 .13 –.45 –.41 –.04 .65 –.01 –.19 .19 .661966 ...................... –.29 .36 .27 .09 –.65 –.49 –.16 1.87 1.24 1.21 .03 .631967 ...................... –.22 .12 .02 .10 –.34 –.17 –.16 1.68 1.17 1.19 –.02 .511968 ...................... –.30 .41 .30 .10 –.71 –.68 –.03 .73 .10 .16 –.06 .631969 ...................... –.04 .25 .20 .05 –.29 –.20 –.09 –.05 –.42 –.49 .06 .371970 ...................... .34 .56 .44 .12 –.22 –.15 –.07 –.55 –.86 –.83 –.03 .311971 ...................... –.19 .10 –.02 .11 –.29 –.33 .04 –.50 –.85 –.97 .12 .361972 ...................... –.21 .42 .43 –.01 –.63 –.57 –.06 –.16 –.42 –.60 .18 .261973 ...................... .82 1.12 1.01 .11 –.29 –.34 .05 –.08 –.41 –.39 –.02 .331974 ...................... .75 .58 .46 .12 .18 .17 .00 .52 .08 –.05 .13 .441975 ...................... .89 –.05 –.16 .10 .94 .87 .07 .48 .03 –.06 .09 .451976 ...................... –1.08 .37 .31 .05 –1.45 –1.35 –.10 .10 .00 –.02 .03 .091977 ...................... –.72 .20 .08 .11 –.92 –.84 –.07 .23 .19 .07 .12 .041978 ...................... .05 .82 .68 .15 –.78 –.67 –.11 .60 .22 .05 .16 .381979 ...................... .66 .82 .77 .06 –.16 –.14 –.02 .37 .20 .17 .03 .171980 ...................... 1.68 .97 .86 .11 .71 .67 .04 .38 .39 .25 .14 –.011981 ...................... –.15 .12 –.09 .21 –.27 –.18 –.09 .19 .42 .38 .04 –.231982 ...................... –.60 –.73 –.67 –.06 .12 .20 –.08 .35 .35 .48 –.13 .011983 ...................... –1.35 –.22 –.19 –.03 –1.13 –1.01 –.13 .76 .63 .50 .13 .131984 ...................... –1.58 .63 .46 .17 –2.21 –1.83 –.39 .70 .30 .35 –.05 .401985 ...................... –.42 .23 .20 .02 –.65 –.52 –.13 1.41 .74 .60 .14 .671986 ...................... –.30 .54 .26 .28 –.84 –.82 –.02 1.27 .55 .47 .08 .711987 ...................... .16 .77 .56 .21 –.61 –.39 –.22 .51 .35 .35 .00 .171988 ...................... .82 1.24 1.04 .20 –.43 –.36 –.07 .26 –.16 –.03 –.12 .421989 ...................... .52 .99 .75 .24 –.48 –.38 –.09 .55 .14 –.03 .17 .411990 ...................... .43 .81 .56 .26 –.38 –.26 –.13 .64 .18 .00 .18 .461991 ...................... .64 .63 .46 .16 .02 –.04 .05 .22 –.02 –.07 .05 .241992 ...................... –.05 .68 .52 .16 –.72 –.78 .06 .10 –.16 –.32 .16 .261993 ...................... –.57 .32 .23 .10 –.90 –.85 –.05 –.16 –.33 –.31 –.02 .171994 ...................... –.43 .85 .67 .19 –1.28 –1.18 –.10 .00 –.30 –.27 –.04 .301995 ...................... .11 1.03 .85 .19 –.92 –.86 –.06 .11 –.20 –.19 –.01 .301996 ...................... –.15 .90 .68 .22 –1.04 –.94 –.10 .19 –.08 –.06 –.02 .271997 ...................... –.32 1.30 1.11 .19 –1.62 –1.44 –.17 .34 –.07 –.13 .06 .411998 ...................... –1.18 .26 .18 .08 –1.43 –1.21 –.22 .38 –.07 –.09 .02 .451999 ...................... –.99 .47 .29 .18 –1.45 –1.31 –.14 .63 .12 .07 .04 .512000 ...................... –.85 .91 .82 .08 –1.76 –1.52 –.24 .36 .03 –.02 .05 .332001 ...................... –.20 –.61 –.48 –.13 .41 .39 .02 .67 .24 .14 .09 .432002 ...................... –.65 –.20 –.25 .05 –.46 –.42 –.04 .84 .44 .28 .15 .402003 ...................... –.45 .15 .12 .03 –.60 –.55 –.04 .42 .43 .36 .07 –.012004 ...................... –.66 .89 .55 .34 –1.55 –1.29 –.26 .26 .28 .26 .02 –.022005 ...................... –.27 .67 .52 .15 –.94 –.87 –.07 .06 .09 .07 .02 –.032006 ...................... –.05 .93 .68 .25 –.98 –.80 –.18 .26 .15 .07 .07 .112007 ...................... .63 .96 .57 .39 –.33 –.24 –.09 .32 .09 .10 –.01 .232008 ...................... 1.20 .64 .48 .16 .56 .58 –.02 .59 .53 .37 .16 .062009 p .................... 1.08 –1.21 –1.04 –.16 2.28 2.18 .10 .38 .39 .28 .11 –.012006: I .................. .44 1.64 1.23 .41 –1.20 –.81 –.39 .75 .79 .46 .32 –.03

II ................. .02 .72 .54 .18 –.70 –.66 –.05 .06 –.24 .05 –.29 .30III ................ –.71 .06 .01 .05 –.78 –.74 –.04 .11 –.03 –.09 .06 .14IV ................ 1.94 1.84 .96 .87 .10 .35 –.25 .21 .08 .38 –.30 .14

2007: I .................. –.29 .39 .23 .16 –.68 –.67 –.01 .00 –.36 –.37 .01 .36II ................. .66 .58 .48 .10 .08 .13 –.05 .82 .50 .39 .11 .32III ................ 1.36 1.99 1.11 .88 –.63 –.41 –.22 .75 .63 .46 .17 .11IV ................ 2.24 1.65 .97 .68 .60 .51 .08 .31 .19 .03 .16 .12

2008: I .................. .36 –.02 .34 –.36 .38 .46 –.08 .51 .56 .39 .17 –.05II ................. 2.35 1.47 1.17 .30 .88 .67 .21 .71 .55 .34 .21 .15III ................ –.10 –.48 –.17 –.31 .38 .55 –.17 .95 .93 .93 .00 .01IV ................ .45 –2.67 –2.50 –.17 3.12 3.09 .03 .24 .49 .20 .29 –.25

2009: I .................. 2.64 –3.95 –3.41 –.54 6.58 6.25 .34 –.52 –.33 –.27 –.06 –.19II ................. 1.65 –.45 –.45 .00 2.09 1.89 .21 1.33 .85 .70 .15 .48III ................ –.81 1.78 1.58 .20 –2.59 –2.41 –.18 .55 .62 .45 .17 –.08IV p ............. .50 1.90 1.90 .00 –1.41 –1.55 .14 –.02 .02 –.19 .21 –.04

Source: Department of Commerce (Bureau of Economic Analysis).

336 | Appendix B

Table B–6. Chain-type quantity indexes for gross domestic product, 1960–2009[Index numbers, 2005=100; quarterly data seasonally adjusted]

Year or quarterGross

domesticproduct

Personal consumption expenditures Gross private domestic investment

Total Goods Services Total

Fixed investment

Total

NonresidentialResi-

dentialTotal StructuresEquip-

ment andsoftware

1960 ...................... 22.399 20.233 19.767 19.850 13.650 13.974 10.796 48.488 5.499 26.1671961 ...................... 22.921 20.650 19.892 20.581 13.561 13.931 10.729 49.151 5.393 26.2401962 ...................... 24.310 21.671 20.915 21.554 15.283 15.190 11.666 51.393 6.017 28.7561963 ...................... 25.373 22.564 21.750 22.470 16.309 16.367 12.315 51.986 6.524 32.1451964 ...................... 26.841 23.908 23.047 23.807 17.654 17.948 13.777 57.399 7.356 34.0131965 ...................... 28.565 25.420 24.679 25.122 20.131 19.781 16.177 66.553 8.705 33.0201966 ...................... 30.426 26.862 26.245 26.367 21.905 20.915 18.200 71.109 10.098 30.0651967 ...................... 31.195 27.667 26.758 27.451 20.903 20.530 17.955 69.313 10.031 29.1191968 ...................... 32.705 29.263 28.415 28.915 22.120 21.962 18.756 70.299 10.656 33.0891969 ...................... 33.721 30.359 29.283 30.204 23.409 23.329 20.181 74.096 11.598 34.0661970 ...................... 33.786 31.071 29.514 31.385 21.871 22.838 20.073 74.300 11.482 32.0281971 ...................... 34.920 32.255 30.749 32.469 24.365 24.568 20.074 73.082 11.596 40.8111972 ...................... 36.775 34.239 32.760 34.346 27.250 27.522 21.917 75.359 13.092 48.0641973 ...................... 38.905 35.935 34.457 35.974 30.443 30.037 25.106 81.520 15.494 47.7561974 ...................... 38.691 35.637 33.200 36.664 28.200 28.159 25.316 79.755 15.890 37.8971975 ...................... 38.609 36.445 33.425 38.040 23.205 25.135 22.814 71.355 14.377 32.9771976 ...................... 40.680 38.475 35.766 39.672 27.893 27.613 23.931 73.073 15.276 40.7431977 ...................... 42.550 40.094 37.301 41.312 32.107 31.582 26.632 76.079 17.577 49.4901978 ...................... 44.924 41.862 38.842 43.234 35.978 35.406 30.618 87.058 20.253 52.6061979 ...................... 46.328 42.857 39.464 44.555 37.125 37.404 33.702 98.098 22.022 50.6761980 ...................... 46.200 42.705 38.464 45.241 33.047 34.974 33.613 103.837 21.230 39.9521981 ...................... 47.373 43.353 38.919 46.053 36.019 35.756 35.528 112.161 22.133 36.7491982 ...................... 46.453 43.958 39.190 46.950 30.972 33.249 34.190 110.325 20.982 30.0771983 ...................... 48.552 46.471 41.684 49.407 33.857 35.673 33.748 98.404 22.111 42.5271984 ...................... 52.041 48.935 44.688 51.341 43.833 41.698 39.704 112.125 26.497 48.8391985 ...................... 54.194 51.484 47.039 53.996 43.425 43.891 42.336 120.095 28.180 49.6121986 ...................... 56.071 53.572 49.670 55.602 43.129 44.402 41.126 106.935 28.714 55.6991987 ...................... 57.866 55.225 50.564 57.818 44.458 44.646 41.096 103.859 29.107 56.8111988 ...................... 60.244 57.451 52.442 60.272 45.504 46.118 43.245 104.539 31.302 56.2351989 ...................... 62.397 59.075 53.766 62.098 47.330 47.504 45.660 106.616 33.596 54.5281990 ...................... 63.568 60.281 54.099 63.942 45.736 46.512 45.885 108.187 33.607 49.8231991 ...................... 63.419 60.371 53.025 64.899 42.016 43.496 43.425 96.150 32.743 45.0351992 ...................... 65.571 62.430 54.696 67.212 45.421 46.075 44.811 90.354 35.129 51.2671993 ...................... 67.441 64.647 56.969 69.363 49.481 50.024 48.723 89.768 39.515 55.4541994 ...................... 70.188 67.115 59.973 71.433 56.204 54.703 53.207 91.405 44.227 60.8451995 ...................... 71.953 68.931 61.765 73.249 57.955 58.226 58.801 97.235 49.519 58.8541996 ...................... 74.645 71.336 64.530 75.394 63.082 63.448 64.293 102.744 54.782 63.5541997 ...................... 77.972 73.970 67.607 77.719 70.932 69.302 72.053 110.280 62.315 64.7561998 ...................... 81.367 77.849 72.175 81.145 78.034 76.822 80.707 115.911 71.358 69.7371999 ...................... 85.295 82.106 77.924 84.469 84.903 83.969 89.129 116.049 81.451 74.0982000 ...................... 88.825 86.270 82.034 88.654 90.704 90.178 97.864 125.101 89.976 74.8392001 ...................... 89.783 88.603 84.611 90.837 84.333 88.470 95.137 123.191 87.073 75.2632002 ...................... 91.412 90.962 88.050 92.568 83.185 84.726 87.593 101.377 83.397 79.2102003 ...................... 93.688 93.520 92.060 94.314 86.162 87.464 88.398 97.514 85.516 85.7242004 ...................... 97.036 96.754 96.141 97.084 94.753 93.884 93.743 98.571 92.141 94.1362005 ...................... 100.000 100.000 100.000 100.000 100.000 100.000 100.000 100.000 100.000 100.0002006 ...................... 102.673 102.886 103.251 102.692 102.678 102.309 107.913 109.180 107.434 92.6792007 ...................... 104.872 105.612 106.499 105.147 98.801 100.189 114.617 125.495 110.184 75.4902008 ...................... 105.331 105.351 104.296 105.883 91.585 95.106 116.502 138.392 107.332 58.2132009 p .................... 102.772 104.744 102.270 106.012 70.104 77.590 95.681 111.171 89.181 46.3412006: I .................. 102.196 101.901 102.335 101.670 104.258 103.670 105.759 103.696 106.542 100.031

II ................. 102.564 102.450 102.501 102.421 104.098 103.186 107.643 109.068 107.101 95.502III ................ 102.592 103.081 103.334 102.945 102.643 101.880 108.811 111.771 107.681 89.988IV ................ 103.341 104.112 104.835 103.731 99.712 100.499 109.440 112.185 108.414 85.194

2007: I .................. 103.652 105.059 105.854 104.641 98.176 99.838 110.561 116.327 108.285 81.521II ................. 104.475 105.358 105.904 105.068 99.539 100.726 113.579 122.437 110.007 78.764III ................ 105.402 105.858 106.724 105.403 99.736 100.626 116.219 129.869 110.615 73.932IV ................ 105.957 106.175 107.513 105.477 97.753 99.564 118.109 133.348 111.829 67.745

2008: I .................. 105.764 106.016 106.121 105.953 95.887 97.969 118.674 135.559 111.685 62.355II ................. 106.147 106.032 105.983 106.047 93.292 97.291 119.083 140.215 110.258 59.738III ................ 105.430 105.088 103.895 105.697 91.643 95.199 117.210 140.191 107.577 57.208IV ................ 103.984 104.267 101.186 105.837 85.519 89.964 111.040 137.603 99.808 53.549

2009: I .................. 102.271 104.425 101.817 105.761 71.746 79.514 98.061 119.243 89.143 47.478II ................. 102.082 104.196 101.023 105.809 67.059 76.895 95.623 113.716 88.036 44.436III ................ 102.648 104.917 102.789 106.014 67.874 76.647 94.183 108.074 88.370 46.403IV p ............. 104.088 105.437 103.451 106.464 73.738 77.304 94.858 103.650 91.174 47.046

See next page for continuation of table.

National Income or Expenditure | 337

Table B–6. Chain-type quantity indexes for gross domestic product, 1960–2009—Continued[Index numbers, 2005=100; quarterly data seasonally adjusted]

Year or quarter

Exports of goods and services Imports of goods and services Government consumption expenditures and gross investment

Total Goods Services Total Goods Services TotalFederal State

andlocalTotal National

defenseNon-

defense

1960 ...................... 7.548 7.139 8.500 5.649 4.224 14.535 36.751 53.496 67.385 26.830 26.3381961 ...................... 7.588 7.175 8.552 5.611 4.218 14.287 38.600 55.739 70.368 27.642 27.9611962 ...................... 7.971 7.494 9.141 6.248 4.843 14.954 40.977 60.488 74.623 33.377 28.8181963 ...................... 8.541 8.083 9.605 6.416 5.039 14.943 42.032 60.526 72.838 36.946 30.5521964 ...................... 9.547 9.190 10.180 6.757 5.372 15.328 42.958 59.725 69.951 40.157 32.6261965 ...................... 9.815 9.239 11.215 7.476 6.132 15.779 44.250 59.697 68.481 42.878 34.8131966 ...................... 10.495 9.880 11.986 8.587 7.099 17.783 48.149 66.303 78.306 43.320 36.9981967 ...................... 10.737 9.927 12.932 9.213 7.473 19.957 51.844 72.903 88.567 42.913 38.8681968 ...................... 11.580 10.713 13.925 10.586 9.016 20.315 53.472 73.491 90.001 41.897 41.1681969 ...................... 12.140 11.274 14.442 11.189 9.510 21.596 53.347 70.969 85.556 43.019 42.5571970 ...................... 13.445 12.560 15.729 11.666 9.882 22.722 52.059 65.738 77.800 42.567 43.7381971 ...................... 13.674 12.511 16.942 12.289 10.711 22.075 50.926 60.677 68.981 44.575 45.0771972 ...................... 14.700 13.856 16.835 13.672 12.168 23.011 50.556 58.197 63.588 47.722 46.0681973 ...................... 17.471 17.038 18.025 14.306 13.027 22.235 50.379 55.748 60.061 47.429 47.3811974 ...................... 18.852 18.391 19.432 13.982 12.665 22.210 51.648 56.243 59.595 49.891 49.1641975 ...................... 18.732 17.964 20.626 12.428 11.069 21.247 52.812 56.426 59.030 51.594 50.9701976 ...................... 19.550 18.817 21.236 14.858 13.572 22.714 53.049 56.453 58.828 52.085 51.3461977 ...................... 20.021 19.063 22.606 16.483 15.226 23.846 53.630 57.647 59.511 54.324 51.5321978 ...................... 22.132 21.193 24.496 17.911 16.591 25.546 55.210 59.092 60.019 57.700 53.2161979 ...................... 24.326 23.697 25.250 18.208 16.876 25.897 56.241 60.519 61.845 58.309 53.9981980 ...................... 26.946 26.521 26.826 16.999 15.623 25.319 57.337 63.390 64.541 61.573 53.9581981 ...................... 27.277 26.234 29.683 17.446 15.945 26.778 57.860 66.420 68.628 62.396 52.8731982 ...................... 25.193 23.863 28.860 17.226 15.544 28.205 58.876 68.989 73.814 59.402 52.8981983 ...................... 24.543 23.177 28.380 19.400 17.656 30.483 61.027 73.561 79.110 62.471 53.5141984 ...................... 26.546 25.009 30.911 24.122 21.927 38.126 63.078 75.829 82.971 61.279 55.4441985 ...................... 27.352 25.931 31.279 25.687 23.299 41.026 67.471 81.771 90.002 64.900 58.8791986 ...................... 29.451 27.263 35.820 27.883 25.687 41.488 71.573 86.407 95.766 67.130 62.6691987 ...................... 32.619 30.286 39.390 29.532 26.878 46.378 73.300 89.477 100.301 67.081 63.5751988 ...................... 37.844 35.992 42.939 30.693 27.966 47.954 74.220 88.010 99.826 63.499 65.9331989 ...................... 42.193 40.281 47.375 32.045 29.171 50.278 76.240 89.379 99.335 68.795 68.3401990 ...................... 45.989 43.671 52.372 33.191 30.020 53.564 78.655 91.185 99.305 74.465 71.1121991 ...................... 49.042 46.685 55.505 33.142 30.156 52.173 79.514 91.000 98.214 76.170 72.5851992 ...................... 52.410 50.177 58.496 35.466 32.999 50.768 79.885 89.351 93.351 81.218 74.1561993 ...................... 54.127 51.812 60.437 38.532 36.301 52.124 79.253 85.842 88.401 80.687 75.2441994 ...................... 58.847 56.853 64.275 43.129 41.149 54.901 79.245 82.555 84.072 79.525 77.1971995 ...................... 64.805 63.505 68.316 46.580 44.855 56.556 79.705 80.353 80.936 79.207 79.2471996 ...................... 70.186 69.106 73.101 50.631 49.060 59.514 80.507 79.423 79.856 78.577 81.0901997 ...................... 78.550 79.042 77.436 57.450 56.130 64.687 82.020 78.641 77.618 80.737 83.9801998 ...................... 80.343 80.805 79.303 64.165 62.780 71.721 83.759 77.758 75.978 81.374 87.2911999 ...................... 83.849 83.880 83.857 71.550 70.609 76.569 86.761 79.270 77.386 83.095 91.1792000 ...................... 91.054 93.182 86.102 80.871 80.086 84.955 88.519 79.661 76.986 85.066 93.7442001 ...................... 85.946 87.414 82.534 78.596 77.530 84.292 91.917 82.901 79.908 88.945 97.2362002 ...................... 84.224 84.268 84.115 81.270 80.409 85.837 96.192 88.953 85.782 95.357 100.4732003 ...................... 85.574 85.773 85.107 84.857 84.363 87.474 98.336 94.839 93.243 98.071 100.4082004 ...................... 93.698 93.025 95.237 94.231 93.660 97.252 99.668 98.710 98.535 99.067 100.2342005 ...................... 100.000 100.000 100.000 100.000 100.000 100.000 100.000 100.000 100.000 100.000 100.0002006 ...................... 108.962 109.416 107.935 106.086 105.904 107.059 101.359 102.127 101.588 103.237 100.9102007 ...................... 118.472 117.512 120.644 108.188 107.709 110.754 103.090 103.434 103.806 102.653 102.8862008 ...................... 124.842 124.436 125.759 104.721 103.472 111.478 106.252 111.362 111.939 110.153 103.3552009 p .................... 112.532 108.933 120.467 89.874 86.599 107.225 108.293 117.158 118.003 115.381 103.2932006: I .................. 106.415 107.085 104.897 104.613 104.376 105.888 101.147 102.763 101.115 106.163 100.205

II ................. 108.200 109.021 106.339 105.774 105.665 106.358 101.232 101.887 101.384 102.927 100.851III ................ 108.353 109.069 106.729 107.040 107.100 106.715 101.386 101.792 100.892 103.653 101.149IV ................ 112.882 112.488 113.773 106.917 106.476 109.276 101.670 102.066 102.963 100.203 101.437

2007: I .................. 113.856 113.311 115.087 108.041 107.792 109.381 101.671 100.738 100.952 100.282 102.203II ................. 115.302 115.048 115.871 107.907 107.527 109.950 102.764 102.558 103.059 101.505 102.875III ................ 120.293 119.075 123.050 108.904 108.277 112.250 103.757 104.871 105.546 103.457 103.110IV ................ 124.436 122.613 128.568 107.901 107.239 111.435 104.169 105.570 105.668 105.367 103.356

2008: I .................. 124.395 123.873 125.587 107.225 106.290 112.249 104.845 107.654 107.760 107.442 103.234II ................. 127.997 128.016 127.965 105.853 105.035 110.211 105.782 109.698 109.597 109.925 103.549III ................ 126.828 127.446 125.429 105.259 104.045 111.849 107.036 113.152 114.668 109.956 103.576IV ................ 120.149 118.407 124.054 100.547 98.517 111.605 107.346 114.946 115.732 113.288 103.061

2009: I .................. 109.922 105.520 119.619 89.804 86.326 108.238 106.639 113.693 114.219 112.576 102.660II ................. 108.766 103.817 119.649 86.292 82.520 106.160 108.386 116.801 118.014 114.259 103.640III ................ 113.315 109.695 121.293 90.554 87.270 107.962 109.097 119.057 120.419 116.203 103.479IV p ............. 118.127 116.699 121.308 92.846 90.279 106.542 109.051 119.080 119.360 118.487 103.394

Source: Department of Commerce (Bureau of Economic Analysis).

338 | Appendix B

Table B–7. Chain-type price indexes for gross domestic product, 1960–2009[Index numbers, 2005=100, except as noted; quarterly data seasonally adjusted]

Year or quarterGross

domesticproduct

Personal consumption expenditures Gross private domestic investment

Total Goods Services Total

Fixed investment

Total

NonresidentialResi-

dentialTotal StructuresEquip-

ment andsoftware

1960 ...................... 18.604 18.606 29.144 13.581 26.607 25.530 33.978 11.516 54.445 12.9621961 ...................... 18.814 18.801 29.253 13.827 26.533 25.449 33.783 11.446 54.146 12.9831962 ...................... 19.071 19.023 29.404 14.090 26.548 25.465 33.788 11.537 53.878 13.0031963 ...................... 19.273 19.245 29.648 14.306 26.463 25.391 33.784 11.636 53.581 12.9011964 ...................... 19.572 19.527 29.971 14.573 26.613 25.545 33.955 11.801 53.558 13.0031965 ...................... 19.928 19.810 30.286 14.846 27.037 25.981 34.342 12.143 53.607 13.3721966 ...................... 20.493 20.313 30.953 15.277 27.592 26.528 34.854 12.580 53.749 13.8571967 ...................... 21.124 20.824 31.499 15.786 28.320 27.271 35.741 12.973 54.940 14.3391968 ...................... 22.022 21.636 32.597 16.468 29.378 28.367 36.999 13.621 56.416 15.1001969 ...................... 23.110 22.616 33.860 17.326 30.770 29.767 38.527 14.518 57.985 16.1441970 ...................... 24.328 23.674 35.152 18.287 32.072 31.047 40.348 15.473 60.119 16.6661971 ...................... 25.545 24.680 36.208 19.285 33.671 32.611 42.246 16.664 61.905 17.6321972 ...................... 26.647 25.525 37.135 20.103 35.077 34.009 43.673 17.863 62.651 18.7031973 ...................... 28.124 26.901 39.350 21.078 36.972 35.888 45.355 19.247 63.716 20.3591974 ...................... 30.669 29.703 44.261 22.868 40.648 39.422 49.733 21.910 68.414 22.4601975 ...................... 33.577 32.184 47.837 24.836 45.666 44.361 56.581 24.534 78.523 24.5471976 ...................... 35.505 33.950 49.709 26.558 48.190 46.932 59.718 25.741 83.143 26.1241977 ...................... 37.764 36.155 52.363 28.560 51.805 50.616 63.805 27.973 88.083 28.7591978 ...................... 40.413 38.687 55.576 30.779 56.030 54.891 68.078 30.675 92.731 32.2811979 ...................... 43.773 42.118 60.832 33.353 61.099 59.866 73.606 34.238 98.610 35.9021980 ...................... 47.776 46.641 67.644 36.805 66.836 65.468 80.098 37.421 107.032 39.7891981 ...................... 52.281 50.810 72.669 40.558 73.154 71.551 87.832 42.567 114.681 43.0361982 ...................... 55.467 53.615 74.650 43.712 76.899 75.468 92.670 45.927 119.155 45.3401983 ...................... 57.655 55.923 75.997 46.433 76.706 75.349 91.843 44.757 119.406 46.3801984 ...................... 59.823 58.038 77.435 48.850 77.256 75.790 91.621 45.147 118.364 47.7141985 ...................... 61.633 59.938 78.677 51.053 78.047 76.744 92.340 46.219 118.221 48.9441986 ...................... 63.003 61.399 78.309 53.378 79.737 78.579 93.908 47.106 120.094 50.9941987 ...................... 64.763 63.589 80.827 55.413 81.263 80.036 94.753 47.863 120.750 53.0791988 ...................... 66.990 66.121 82.958 58.127 83.120 82.111 96.857 49.895 122.256 54.9131989 ...................... 69.520 68.994 86.150 60.844 85.107 84.099 98.890 51.848 123.786 56.6801990 ...................... 72.213 72.147 89.678 63.812 86.747 85.808 100.783 53.522 125.389 58.0111991 ...................... 74.762 74.755 91.870 66.586 87.981 87.082 102.341 54.491 127.178 58.7711992 ...................... 76.537 76.954 92.978 69.240 87.672 86.831 101.488 54.502 125.681 59.4861993 ...................... 78.222 78.643 93.786 71.299 88.673 87.838 101.540 56.103 124.408 61.8901994 ...................... 79.867 80.265 94.740 73.205 89.828 89.023 102.029 58.089 123.695 64.0691995 ...................... 81.533 82.041 95.625 75.370 90.840 90.060 102.247 60.601 122.265 66.4031996 ...................... 83.083 83.826 96.676 77.479 90.455 89.817 101.054 62.141 119.323 67.8281997 ...................... 84.554 85.395 96.563 79.817 90.120 89.589 99.775 64.516 115.788 69.5571998 ...................... 85.507 86.207 95.106 81.695 89.109 88.756 97.587 67.480 110.641 71.4121999 ...................... 86.766 87.596 95.603 83.515 88.989 88.700 96.173 69.559 107.406 74.1512000 ...................... 88.648 89.777 97.520 85.824 89.954 89.751 96.219 72.298 106.114 77.4152001 ...................... 90.654 91.488 97.429 88.428 90.748 90.553 95.788 76.087 103.603 80.9942002 ...................... 92.113 92.736 96.430 90.807 91.118 90.924 95.363 79.292 101.494 83.0022003 ...................... 94.099 94.622 96.380 93.692 92.411 92.301 95.355 82.174 100.287 86.9532004 ...................... 96.769 97.098 97.867 96.687 95.632 95.541 96.834 88.441 99.897 93.2962005 ...................... 100.000 100.000 100.000 100.000 100.000 100.000 100.000 100.000 100.000 100.0002006 ...................... 103.263 102.746 101.508 103.411 104.371 104.419 103.534 112.922 100.194 106.0812007 ...................... 106.221 105.502 102.789 106.964 106.677 106.718 106.209 121.275 100.715 107.5132008 ...................... 108.481 109.031 106.150 110.582 107.355 107.551 107.897 125.207 101.455 105.7792009 p .................... 109.754 109.252 103.632 112.221 106.458 106.114 107.510 122.759 102.010 100.6872006: I .................. 102.071 101.803 101.116 102.171 103.139 103.195 102.279 108.823 99.977 104.890

II ................. 102.980 102.567 101.765 102.998 104.026 104.089 103.112 111.791 100.042 105.940III ................ 103.763 103.316 102.329 103.844 104.666 104.713 103.878 113.962 100.285 106.295IV ................ 104.237 103.298 100.822 104.630 105.653 105.677 104.868 117.111 100.472 107.199

2007: I .................. 105.327 104.250 101.612 105.668 106.375 106.380 105.686 119.716 100.611 107.604II ................. 106.026 105.074 102.548 106.433 106.547 106.591 106.104 120.794 100.766 107.307III ................ 106.460 105.681 102.627 107.327 106.761 106.803 106.354 121.786 100.712 107.455IV ................ 107.072 107.005 104.370 108.427 107.024 107.096 106.693 122.804 100.769 107.686

2008: I .................. 107.577 107.974 105.689 109.213 106.586 106.909 106.617 122.976 100.590 107.271II ................. 108.061 109.021 106.678 110.296 106.745 107.210 107.161 123.800 101.019 106.838III ................ 109.130 110.273 108.451 111.275 107.350 107.866 108.314 125.814 101.797 105.807IV ................ 109.155 108.855 103.784 111.542 108.738 108.217 109.498 128.238 102.415 103.198

2009: I .................. 109.661 108.449 102.186 111.749 108.245 107.668 109.154 127.092 102.450 101.915II ................. 109.656 108.814 102.864 111.954 107.019 106.463 107.993 123.706 102.304 100.554III ................ 109.763 109.510 104.216 112.312 105.465 105.265 106.656 120.451 101.802 99.863IV p ............. 109.934 110.235 105.264 112.869 105.102 105.062 106.238 119.786 101.485 100.417

See next page for continuation of table.

National Income or Expenditure | 339

Table B–7. Chain-type price indexes for gross domestic product, 1960–2009—Continued[Index numbers, 2005=100, except as noted; quarterly data seasonally adjusted]

Year or quarter

Exports and importsof goods

and servicesGovernment consumption expenditures

and gross investmentFinal

sales ofdomes-

ticproduct

Gross domesticpurchases 1 Percent change 2

Exports Imports Total

FederalStateandlocal

TotalLess

food andenergy

Grossdomes-

ticproduct

Gross domesticpurchases 1

Total Nationaldefense

Non-defense Total

Lessfood andenergy

1960 ................. 27.453 19.941 12.809 13.677 13.440 13.946 12.066 18.455 18.220 ............... 1.4 1.4 ..............1961 ................. 27.871 19.941 13.065 13.908 13.633 14.359 12.357 18.663 18.412 ............... 1.1 1.1 ..............1962 ................. 27.940 19.706 13.398 14.202 13.897 14.783 12.743 18.920 18.654 ............... 1.4 1.3 ..............1963 ................. 27.877 20.088 13.690 14.506 14.209 15.037 13.028 19.125 18.871 ............... 1.1 1.2 ..............1964 ................. 28.107 20.512 14.070 14.995 14.620 15.798 13.293 19.424 19.175 ............... 1.6 1.6 ..............1965 ................. 29.001 20.797 14.444 15.379 15.024 16.104 13.662 19.781 19.507 ............... 1.8 1.7 ..............1966 ................. 29.877 21.281 15.044 15.914 15.535 16.708 14.334 20.346 20.054 ............... 2.8 2.8 ..............1967 ................. 31.022 21.364 15.671 16.386 15.994 17.215 15.137 20.978 20.637 ............... 3.1 2.9 ..............1968 ................. 31.698 21.689 16.520 17.287 16.834 18.327 15.945 21.880 21.508 ............... 4.3 4.2 ..............1969 ................. 32.771 22.254 17.517 18.226 17.757 19.284 17.013 22.968 22.563 ............... 4.9 4.9 ..............1970 ................. 34.027 23.570 18.945 19.699 19.116 21.143 18.411 24.182 23.778 ............... 5.3 5.4 ..............1971 ................. 35.283 25.017 20.421 21.383 20.810 22.746 19.720 25.394 25.000 ............... 5.0 5.1 ..............1972 ................. 36.928 26.770 21.989 23.471 23.209 23.892 20.896 26.494 26.112 ............... 4.3 4.4 ..............1973 ................. 41.784 31.423 23.594 25.080 24.911 25.231 22.495 27.968 27.623 ............... 5.5 5.8 ..............1974 ................. 51.478 44.957 25.977 27.315 27.223 27.245 24.970 30.493 30.459 ............... 9.0 10.3 ..............1975 ................. 56.738 48.699 28.586 30.158 29.880 30.505 27.410 33.389 33.300 ............... 9.5 9.3 ..............1976 ................. 58.600 50.165 30.469 32.302 32.057 32.549 29.114 35.320 35.208 ............... 5.7 5.7 ..............1977 ................. 60.987 54.586 32.583 34.742 34.486 34.993 31.005 37.582 37.586 ............... 6.4 6.8 ..............1978 ................. 64.703 58.440 34.670 36.888 36.908 36.514 33.042 40.232 40.252 ............... 7.0 7.1 ..............1979 ................. 72.490 68.434 37.575 39.727 39.853 39.100 35.976 43.576 43.797 ............... 8.3 8.8 ..............1980 ................. 79.843 85.240 41.669 43.900 44.179 42.906 40.002 47.557 48.408 ............... 9.1 10.5 ..............1981 ................. 85.744 89.822 45.768 48.165 48.542 46.917 43.975 52.029 52.864 ............... 9.4 9.2 ..............1982 ................. 86.138 86.794 48.775 51.434 51.953 49.825 46.786 55.233 55.859 55.358 6.1 5.7 ..............1983 ................. 86.478 83.541 50.717 53.218 53.775 51.501 48.857 57.414 57.817 57.517 3.9 3.5 3.91984 ................. 87.280 82.820 53.319 56.358 57.603 52.779 51.034 59.573 59.854 59.650 3.8 3.5 3.71985 ................. 84.609 80.100 54.974 57.635 58.696 54.574 53.002 61.414 61.553 61.521 3.0 2.8 3.11986 ................. 83.342 80.097 55.977 57.938 58.642 55.915 54.577 62.802 62.948 63.407 2.2 2.3 3.11987 ................. 85.451 84.948 57.541 58.642 59.236 56.953 56.849 64.552 64.923 65.447 2.8 3.1 3.21988 ................. 89.876 89.011 59.074 59.884 60.326 58.679 58.621 66.807 67.159 67.839 3.4 3.4 3.71989 ................. 91.373 90.956 60.924 61.504 61.882 60.497 60.654 69.338 69.706 70.282 3.8 3.8 3.61990 ................. 91.993 93.563 63.405 63.548 63.917 62.568 63.474 72.040 72.540 72.977 3.9 4.1 3.81991 ................. 93.212 92.783 65.606 66.070 66.222 65.672 65.443 74.592 74.917 75.470 3.5 3.3 3.41992 ................. 92.833 92.856 67.276 68.101 68.522 67.034 66.856 76.371 76.724 77.450 2.4 2.4 2.61993 ................. 92.808 92.144 68.949 69.830 69.712 70.002 68.494 78.057 78.339 79.156 2.2 2.1 2.21994 ................. 93.842 93.009 70.819 71.725 71.438 72.267 70.351 79.707 79.962 80.873 2.1 2.1 2.21995 ................. 95.997 95.557 72.753 73.717 73.161 74.830 72.252 81.379 81.674 82.647 2.1 2.1 2.21996 ................. 94.727 93.891 74.488 75.763 75.431 76.406 73.806 82.953 83.150 84.001 1.9 1.8 1.61997 ................. 93.103 90.627 75.854 77.047 76.517 78.095 75.219 84.449 84.397 85.266 1.8 1.5 1.51998 ................. 90.972 85.748 76.879 77.931 77.328 79.120 76.320 85.443 84.962 86.093 1.1 .7 1.01999 ................. 90.408 86.250 79.337 79.886 79.225 81.188 79.036 86.720 86.304 87.384 1.5 1.6 1.52000 ................. 91.999 89.963 82.513 82.524 81.821 83.907 82.482 88.623 88.463 89.163 2.2 2.5 2.02001 ................. 91.627 87.762 84.764 84.201 83.484 85.612 85.019 90.631 90.123 90.769 2.3 1.9 1.82002 ................. 91.253 86.784 87.003 87.318 86.624 88.689 86.810 92.089 91.422 92.300 1.6 1.4 1.72003 ................. 93.216 89.796 90.650 91.024 90.659 91.774 90.425 94.089 93.550 94.177 2.2 2.3 2.02004 ................. 96.517 94.144 94.531 95.335 94.895 96.234 94.062 96.759 96.400 96.762 2.8 3.0 2.72005 ................. 100.000 100.000 100.000 100.000 100.000 100.000 100.000 100.000 100.000 100.000 3.3 3.7 3.32006 ................. 103.447 104.144 104.842 104.107 104.421 103.468 105.276 103.266 103.380 103.157 3.3 3.4 3.22007 ................. 107.103 108.017 109.552 107.754 108.286 106.672 110.615 106.226 106.408 105.984 2.9 2.9 2.72008 ................. 112.389 119.559 114.502 110.938 111.913 108.935 116.642 108.507 109.765 108.689 2.1 3.2 2.62009 p ............... 106.243 107.022 114.298 111.516 112.089 110.360 115.923 109.666 109.823 109.508 1.2 .1 .82006: I ............. 101.828 103.243 103.232 103.101 103.336 102.622 103.307 102.075 102.275 102.022 3.0 2.8 3.1

II ............ 103.125 104.322 104.644 104.187 104.499 103.551 104.916 102.985 103.173 102.913 3.6 3.6 3.5III ........... 104.395 105.121 105.437 104.502 104.883 103.728 105.990 103.767 103.910 103.538 3.1 2.9 2.5IV ........... 104.438 103.889 106.055 104.637 104.965 103.972 106.892 104.237 104.162 104.153 1.8 1.0 2.4

2007: I ............. 105.355 104.711 107.888 106.808 107.089 106.243 108.527 105.325 105.229 105.073 4.2 4.2 3.6II ............ 106.516 106.332 109.129 107.737 108.172 106.858 109.949 106.032 106.024 105.635 2.7 3.1 2.2III ........... 107.396 107.937 109.854 107.896 108.493 106.678 111.009 106.465 106.592 106.187 1.6 2.2 2.1IV ........... 109.144 113.088 111.336 108.577 109.389 106.908 112.975 107.080 107.786 107.040 2.3 4.6 3.3

2008: I ............. 111.156 117.234 113.038 110.077 110.857 108.469 114.803 107.623 108.678 107.743 1.9 3.4 2.7II ............ 113.890 123.069 114.772 111.265 112.402 108.922 116.877 108.127 109.722 108.544 1.8 3.9 3.0III ........... 115.638 125.203 115.963 111.784 113.059 109.149 118.493 109.202 110.871 109.317 4.0 4.3 2.9IV ........... 108.871 112.730 114.233 110.628 111.334 109.198 116.396 109.078 109.790 109.151 .1 –3.8 –.6

2009: I ............. 105.265 103.746 113.924 111.084 111.584 110.085 115.587 109.566 109.395 109.215 1.9 –1.4 .2II ............ 105.284 104.821 114.051 111.214 111.664 110.320 115.713 109.550 109.533 109.439 .0 .5 .8III ........... 106.473 107.688 114.312 111.601 112.195 110.401 115.889 109.681 109.895 109.521 .4 1.3 .3IV p ........ 107.952 111.830 114.905 112.164 112.914 110.635 116.501 109.868 110.470 109.856 .6 2.1 1.2

1 Gross domestic product (GDP) less exports of goods and services plus imports of goods and services.2 Quarterly percent changes are at annual rates.Source: Department of Commerce (Bureau of Economic Analysis).

340 | Appendix B

Table B–8. Gross domestic product by major type of product, 1960–2009[Billions of dollars; quarterly data at seasonally adjusted annual rates]

Year or quarterGross

domesticproduct

Finalsales ofdomes-

ticproduct

Changein

privateinven-tories

Goods

Serv-ices 2

Struc-tures

Total Durable goods Nondurable goods

Total Finalsales

Changein

privateinven-tories

Finalsales

Changein

privateinven-tories 1

Finalsales

Changein

privateinven-tories 1

1960 ...................... 526.4 523.2 3.2 227.5 224.3 3.2 92.5 1.7 131.7 1.6 237.0 61.91961 ...................... 544.8 541.8 3.0 230.6 227.6 3.0 92.6 –.1 135.0 3.0 250.6 63.61962 ...................... 585.7 579.6 6.1 247.4 241.3 6.1 102.0 3.4 139.3 2.7 270.4 67.81963 ...................... 617.8 612.1 5.6 258.5 252.9 5.6 108.6 2.6 144.3 3.0 286.6 72.71964 ...................... 663.6 658.8 4.8 277.8 273.0 4.8 119.3 3.8 153.7 1.0 307.4 78.41965 ...................... 719.1 709.9 9.2 304.3 295.1 9.2 131.6 6.2 163.5 3.0 330.1 84.71966 ...................... 787.7 774.1 13.6 337.1 323.5 13.6 145.4 10.0 178.0 3.6 362.6 88.01967 ...................... 832.4 822.6 9.9 345.4 335.5 9.9 150.0 4.8 185.5 5.0 397.5 89.61968 ...................... 909.8 900.8 9.1 370.8 361.7 9.1 162.8 4.5 198.9 4.5 439.1 100.01969 ...................... 984.4 975.3 9.2 397.6 388.4 9.2 175.7 6.0 212.7 3.2 478.6 108.31970 ...................... 1,038.3 1,036.3 2.0 408.7 406.7 2.0 178.6 –.2 228.2 2.2 519.9 109.71971 ...................... 1,126.8 1,118.6 8.3 432.6 424.4 8.3 186.7 2.9 237.7 5.3 565.8 128.41972 ...................... 1,237.9 1,228.8 9.1 472.0 462.9 9.1 208.4 6.4 254.5 2.7 619.0 146.91973 ...................... 1,382.3 1,366.4 15.9 547.1 531.2 15.9 243.6 13.0 287.6 2.9 672.2 162.91974 ...................... 1,499.5 1,485.5 14.0 588.0 574.0 14.0 262.4 10.9 311.7 3.1 745.8 165.61975 ...................... 1,637.7 1,644.0 –6.3 628.6 634.8 –6.3 293.2 –7.5 341.6 1.2 842.4 166.71976 ...................... 1,824.6 1,807.5 17.1 706.6 689.5 17.1 330.9 10.8 358.6 6.3 926.8 191.21977 ...................... 2,030.1 2,007.8 22.3 773.5 751.2 22.3 374.6 9.5 376.6 12.8 1,029.9 226.81978 ...................... 2,293.8 2,268.0 25.8 872.6 846.8 25.8 424.9 18.2 422.0 7.6 1,147.2 273.91979 ...................... 2,562.2 2,544.2 18.0 977.2 959.2 18.0 483.9 12.8 475.3 5.2 1,271.7 313.31980 ...................... 2,788.1 2,794.5 –6.3 1,035.2 1,041.5 –6.3 512.3 –2.3 529.2 –4.0 1,431.6 321.31981 ...................... 3,126.8 3,097.0 29.8 1,167.3 1,137.5 29.8 554.8 7.3 582.6 22.5 1,606.9 352.61982 ...................... 3,253.2 3,268.1 –14.9 1,148.8 1,163.7 –14.9 552.5 –16.0 611.2 1.1 1,759.9 344.51983 ...................... 3,534.6 3,540.4 –5.8 1,226.9 1,232.6 –5.8 592.3 2.5 640.3 –8.2 1,939.1 368.71984 ...................... 3,930.9 3,865.5 65.4 1,402.2 1,336.8 65.4 665.9 41.4 670.9 24.0 2,102.9 425.81985 ...................... 4,217.5 4,195.6 21.8 1,452.8 1,431.0 21.8 727.9 4.4 703.1 17.4 2,305.9 458.71986 ...................... 4,460.1 4,453.5 6.6 1,491.2 1,484.7 6.6 758.3 –1.9 726.4 8.4 2,488.7 480.11987 ...................... 4,736.4 4,709.2 27.1 1,570.7 1,543.6 27.1 785.3 22.9 758.3 4.2 2,668.0 497.61988 ...................... 5,100.4 5,081.9 18.5 1,703.7 1,685.2 18.5 863.3 22.7 821.9 –4.3 2,881.7 515.01989 ...................... 5,482.1 5,454.5 27.7 1,851.9 1,824.2 27.7 939.7 20.0 884.5 7.7 3,101.2 529.01990 ...................... 5,800.5 5,786.0 14.5 1,923.1 1,908.5 14.5 973.2 7.7 935.3 6.8 3,343.9 533.51991 ...................... 5,992.1 5,992.5 –.4 1,943.5 1,943.9 –.4 967.6 –13.6 976.3 13.2 3,548.6 499.91992 ...................... 6,342.3 6,326.0 16.3 2,031.5 2,015.1 16.3 1,010.7 –3.0 1,004.4 19.3 3,788.1 522.71993 ...................... 6,667.4 6,646.5 20.8 2,124.2 2,103.4 20.8 1,072.9 17.1 1,030.4 3.7 3,985.1 558.11994 ...................... 7,085.2 7,021.4 63.8 2,290.7 2,226.9 63.8 1,149.8 35.7 1,077.1 28.1 4,187.2 607.31995 ...................... 7,414.7 7,383.5 31.2 2,379.5 2,348.3 31.2 1,225.9 33.6 1,122.4 –2.4 4,396.7 638.51996 ...................... 7,838.5 7,807.7 30.8 2,516.3 2,485.5 30.8 1,321.0 19.1 1,164.5 11.7 4,625.5 696.71997 ...................... 8,332.4 8,261.4 71.0 2,701.2 2,630.2 71.0 1,430.7 40.0 1,199.5 31.0 4,882.5 748.61998 ...................... 8,793.5 8,729.8 63.7 2,819.2 2,755.5 63.7 1,524.2 39.3 1,231.3 24.4 5,159.7 814.51999 ...................... 9,353.5 9,292.7 60.8 2,990.1 2,929.3 60.8 1,633.8 37.4 1,295.5 23.4 5,485.1 878.22000 ...................... 9,951.5 9,896.9 54.5 3,124.5 3,070.0 54.5 1,734.4 35.6 1,335.6 19.0 5,878.0 949.02001 ...................... 10,286.2 10,324.5 –38.3 3,077.6 3,115.9 –38.3 1,731.5 –44.4 1,384.4 6.2 6,208.7 999.92002 ...................... 10,642.3 10,630.3 12.0 3,101.2 3,089.1 12.0 1,678.9 17.7 1,410.3 –5.6 6,535.5 1,005.72003 ...................... 11,142.1 11,125.8 16.4 3,170.1 3,153.7 16.4 1,694.2 13.0 1,459.5 3.3 6,891.7 1,080.42004 ...................... 11,867.8 11,802.8 64.9 3,333.9 3,269.0 64.9 1,748.0 37.3 1,521.1 27.6 7,319.3 1,214.52005 ...................... 12,638.4 12,588.4 50.0 3,472.9 3,422.9 50.0 1,855.9 35.2 1,567.0 14.7 7,802.1 1,363.42006 ...................... 13,398.9 13,339.0 60.0 3,660.7 3,600.7 60.0 1,951.5 25.9 1,649.3 34.0 8,285.5 1,452.72007 ...................... 14,077.6 14,058.3 19.4 3,814.1 3,794.7 19.4 2,040.1 7.6 1,754.6 11.8 8,810.8 1,452.82008 ...................... 14,441.4 14,476.2 –34.8 3,783.8 3,818.6 –34.8 2,032.0 10.3 1,786.6 –45.1 9,265.4 1,392.22009 p .................... 14,258.7 14,383.7 –125.0 3,696.8 3,821.8 –125.0 1,906.0 –94.9 1,915.9 –30.1 9,397.3 1,164.62006: I .................. 13,183.5 13,117.5 66.0 3,615.0 3,549.0 66.0 1,938.9 20.9 1,610.1 45.1 8,114.2 1,454.3

II ................. 13,347.8 13,275.4 72.4 3,646.9 3,574.5 72.4 1,943.2 33.7 1,631.3 38.7 8,229.7 1,471.3III ................ 13,452.9 13,383.8 69.1 3,667.4 3,598.3 69.1 1,945.8 44.1 1,652.5 25.0 8,335.7 1,449.7IV ................ 13,611.5 13,579.2 32.3 3,713.5 3,681.2 32.3 1,977.9 5.1 1,703.3 27.3 8,462.4 1,435.6

2007: I .................. 13,795.6 13,782.5 13.1 3,726.7 3,713.6 13.1 1,986.4 11.2 1,727.3 1.9 8,620.5 1,448.4II ................. 13,997.2 13,973.7 23.5 3,796.5 3,773.1 23.5 2,032.5 –9.2 1,740.5 32.6 8,738.5 1,462.2III ................ 14,179.9 14,148.8 31.0 3,844.8 3,813.7 31.0 2,047.4 11.0 1,766.3 20.1 8,872.1 1,463.0IV ................ 14,337.9 14,328.0 9.8 3,888.3 3,878.4 9.8 2,094.2 17.3 1,784.2 –7.5 9,012.2 1,437.4

2008: I .................. 14,373.9 14,382.1 –8.2 3,842.5 3,850.7 –8.2 2,076.7 16.5 1,774.0 –24.7 9,131.8 1,399.5II ................. 14,497.8 14,547.1 –49.3 3,825.2 3,874.6 –49.3 2,073.1 –22.0 1,801.4 –27.3 9,263.3 1,409.3III ................ 14,546.7 14,583.7 –37.0 3,806.1 3,843.0 –37.0 2,042.3 35.9 1,800.7 –72.9 9,340.8 1,399.8IV ................ 14,347.3 14,391.8 –44.5 3,661.4 3,705.9 –44.5 1,935.7 10.8 1,770.2 –55.3 9,325.7 1,360.2

2009: I .................. 14,178.0 14,305.3 –127.4 3,649.3 3,776.7 –127.4 1,905.2 –122.7 1,871.5 –4.6 9,308.8 1,219.9II ................. 14,151.2 14,327.4 –176.2 3,625.7 3,801.9 –176.2 1,898.8 –129.0 1,903.1 –47.2 9,358.4 1,167.0III ................ 14,242.1 14,398.7 –156.5 3,679.9 3,836.4 –156.5 1,911.9 –100.2 1,924.6 –56.3 9,417.0 1,145.3IV p ............. 14,463.4 14,503.4 –40.0 3,832.4 3,872.4 –40.0 1,908.0 –27.7 1,964.4 –12.3 9,504.9 1,126.1

1 Estimates for durable and nondurable goods for 1996 and earlier periods are based on the Standard Industrial Classification (SIC); later estimates are basedon the North American Industry Classification System (NAICS).

2 Includes government consumption expenditures, which are for services (such as education and national defense) produced by government. In currentdollars, these services are valued at their cost of production.

Source: Department of Commerce (Bureau of Economic Analysis).

National Income or Expenditure | 341

Table B–9. Real gross domestic product by major type of product, 1960–2009[Billions of chained (2005) dollars; quarterly data at seasonally adjusted annual rates]

Year or quarterGross

domesticproduct

Finalsales ofdomes-

ticproduct

Changein

privateinven-tories

Goods

Serv-ices 2

Struc-tures

Total Durable goods Nondurable goods

Total Finalsales

Changein

privateinven-tories

Finalsales

Changein

privateinven-tories 1

Finalsales

Changein

privateinven-tories 1

1960 ...................... 2,830.9 2,836.6 11.8 603.2 ............... ............... ............... ............... ............... ............... 1,835.7 509.91961 ...................... 2,896.9 2,904.6 10.6 608.2 ............... ............... ............... ............... ............... ............... 1,902.6 524.11962 ...................... 3,072.4 3,064.9 21.9 649.3 ............... ............... ............... ............... ............... ............... 2,007.2 554.21963 ...................... 3,206.7 3,202.6 20.3 675.1 ............... ............... ............... ............... ............... ............... 2,090.3 591.71964 ...................... 3,392.3 3,393.7 17.3 720.3 ............... ............... ............... ............... ............... ............... 2,189.4 631.51965 ...................... 3,610.1 3,590.7 32.9 780.7 ............... ............... ............... ............... ............... ............... 2,299.1 663.11966 ...................... 3,845.3 3,806.6 47.1 848.6 ............... ............... ............... ............... ............... ............... 2,441.0 663.91967 ...................... 3,942.5 3,923.3 33.9 850.9 ............... ............... ............... ............... ............... ............... 2,576.9 654.21968 ...................... 4,133.4 4,119.4 30.8 884.9 ............... ............... ............... ............... ............... ............... 2,712.7 694.51969 ...................... 4,261.8 4,248.6 30.3 915.4 ............... ............... ............... ............... ............... ............... 2,800.8 703.31970 ...................... 4,269.9 4,287.9 5.6 907.7 ............... ............... ............... ............... ............... ............... 2,858.2 673.01971 ...................... 4,413.3 4,407.4 25.0 934.7 ............... ............... ............... ............... ............... ............... 2,926.8 735.51972 ...................... 4,647.7 4,640.6 25.7 998.5 ............... ............... ............... ............... ............... ............... 3,034.7 790.21973 ...................... 4,917.0 4,888.2 39.0 1,104.7 ............... ............... ............... ............... ............... ............... 3,125.5 807.11974 ...................... 4,889.9 4,874.1 29.1 1,094.1 ............... ............... ............... ............... ............... ............... 3,194.6 723.41975 ...................... 4,879.5 4,926.3 –12.8 1,066.8 ............... ............... ............... ............... ............... ............... 3,309.1 657.61976 ...................... 5,141.3 5,120.2 34.3 1,150.5 ............... ............... ............... ............... ............... ............... 3,400.2 719.21977 ...................... 5,377.7 5,344.9 43.1 1,205.8 ............... ............... ............... ............... ............... ............... 3,517.0 787.21978 ...................... 5,677.6 5,639.7 45.6 1,286.8 ............... ............... ............... ............... ............... ............... 3,651.5 862.81979 ...................... 5,855.0 5,841.2 28.0 1,340.0 ............... ............... ............... ............... ............... ............... 3,740.1 887.41980 ...................... 5,839.0 5,878.7 –9.3 1,328.3 ............... ............... ............... ............... ............... ............... 3,811.2 823.01981 ...................... 5,987.2 5,959.5 39.0 1,388.2 ............... ............... ............... ............... ............... ............... 3,887.4 811.91982 ...................... 5,870.9 5,923.3 –19.7 1,316.8 ............... ............... ............... ............... ............... ............... 3,956.9 742.61983 ...................... 6,136.2 6,172.9 –7.7 1,373.7 ............... ............... ............... ............... ............... ............... 4,120.1 796.31984 ...................... 6,577.1 6,495.6 78.3 1,544.0 ............... ............... ............... ............... ............... ............... 4,234.1 903.91985 ...................... 6,849.3 6,838.9 25.4 1,581.0 ............... ............... ............... ............... ............... ............... 4,448.8 951.01986 ...................... 7,086.5 7,098.7 8.5 1,627.1 ............... ............... ............... ............... ............... ............... 4,635.2 965.11987 ...................... 7,313.3 7,296.2 33.2 1,692.7 ............... ............... ............... ............... ............... ............... 4,785.3 969.31988 ...................... 7,613.9 7,607.8 21.9 1,798.0 ............... ............... ............... ............... ............... ............... 4,961.3 967.61989 ...................... 7,885.9 7,867.5 30.6 1,900.2 ............... ............... ............... ............... ............... ............... 5,114.8 961.01990 ...................... 8,033.9 8,032.7 16.6 1,920.1 ............... ............... ............... ............... ............... ............... 5,269.3 941.91991 ...................... 8,015.1 8,034.8 –1.4 1,887.6 ............... ............... ............... ............... ............... ............... 5,363.0 869.11992 ...................... 8,287.1 8,284.3 17.9 1,964.7 ............... ............... ............... ............... ............... ............... 5,521.7 902.41993 ...................... 8,523.4 8,515.3 22.3 2,040.3 ............... ............... ............... ............... ............... ............... 5,647.9 930.51994 ...................... 8,870.7 8,809.2 69.3 2,183.8 ............... ............... ............... ............... ............... ............... 5,781.2 978.41995 ...................... 9,093.7 9,073.2 32.1 2,264.0 2,241.1 32.1 1,023.0 31.4 1,260.0 –3.3 5,902.5 988.91996 ...................... 9,433.9 9,412.5 31.2 2,387.7 2,363.9 31.2 1,110.9 17.9 1,286.7 12.5 6,045.3 1,053.11997 ...................... 9,854.3 9,782.6 77.4 2,573.9 2,509.8 77.4 1,222.7 40.2 1,309.9 36.1 6,208.3 1,097.81998 ...................... 10,283.5 10,217.1 71.6 2,723.0 2,663.0 71.6 1,341.5 40.6 1,334.3 29.5 6,421.7 1,155.11999 ...................... 10,779.8 10,715.7 68.5 2,914.0 2,855.8 68.5 1,476.4 39.5 1,385.0 27.7 6,663.6 1,202.22000 ...................... 11,226.0 11,167.5 60.2 3,056.3 3,002.8 60.2 1,590.5 37.7 1,411.8 21.4 6,918.7 1,245.32001 ...................... 11,347.2 11,391.7 –41.8 3,006.9 3,043.6 –41.8 1,614.7 –46.4 1,428.2 7.3 7,095.4 1,254.12002 ...................... 11,553.0 11,543.5 12.8 3,059.2 3,047.4 12.8 1,596.7 18.1 1,451.9 –6.4 7,275.6 1,223.22003 ...................... 11,840.7 11,824.8 17.3 3,164.0 3,146.1 17.3 1,656.3 13.5 1,490.5 3.6 7,416.0 1,263.62004 ...................... 12,263.8 12,198.2 66.3 3,326.2 3,260.9 66.3 1,740.4 38.1 1,520.6 28.1 7,613.1 1,325.62005 ...................... 12,638.4 12,588.4 50.0 3,472.9 3,422.9 50.0 1,855.9 35.2 1,567.0 14.7 7,802.1 1,363.42006 ...................... 12,976.2 12,917.1 59.4 3,652.7 3,593.5 59.4 1,964.4 25.2 1,629.2 34.1 7,985.0 1,341.12007 ...................... 13,254.1 13,234.3 19.5 3,789.7 3,771.6 19.5 2,080.7 7.6 1,691.7 11.8 8,192.7 1,281.42008 ...................... 13,312.2 13,341.2 –25.9 3,805.1 3,839.5 –25.9 2,106.7 9.4 1,732.9 –33.7 8,314.8 1,205.42009 p .................... 12,988.7 13,115.2 –111.7 3,615.6 3,755.3 –111.7 1,981.3 –88.9 1,767.2 –24.7 8,354.0 1,026.72006: I .................. 12,915.9 12,851.3 65.8 3,624.5 3,559.5 65.8 1,943.8 20.6 1,615.9 45.1 7,918.5 1,374.0

II ................. 12,962.5 12,891.0 72.5 3,640.6 3,568.5 72.5 1,953.8 32.9 1,614.9 39.7 7,957.8 1,365.4III ................ 12,965.9 12,898.3 67.5 3,640.9 3,573.0 67.5 1,962.4 42.4 1,611.0 25.1 7,996.6 1,330.7IV ................ 13,060.7 13,027.8 31.8 3,704.9 3,672.9 31.8 1,997.6 5.2 1,675.0 26.6 8,067.2 1,294.4

2007: I .................. 13,099.9 13,086.4 14.5 3,697.4 3,685.8 14.5 2,009.7 11.1 1,675.8 3.2 8,120.4 1,287.3II ................. 13,204.0 13,179.6 23.3 3,753.3 3,730.3 23.3 2,063.3 –8.2 1,668.1 30.8 8,163.1 1,294.5III ................ 13,321.1 13,290.3 29.8 3,818.9 3,789.2 29.8 2,097.1 10.7 1,693.1 18.8 8,224.8 1,287.6IV ................ 13,391.2 13,381.1 10.3 3,889.1 3,881.3 10.3 2,152.9 16.7 1,729.8 –5.6 8,262.3 1,256.3

2008: I .................. 13,366.9 13,363.5 .6 3,871.4 3,870.6 .6 2,141.2 15.2 1,730.5 –13.7 8,292.1 1,221.2II ................. 13,415.3 13,453.5 –37.1 3,885.6 3,930.0 –37.1 2,156.8 –19.6 1,773.4 –18.4 8,322.9 1,225.3III ................ 13,324.6 13,354.3 –29.7 3,815.5 3,850.5 –29.7 2,121.2 32.8 1,730.1 –57.8 8,315.1 1,208.0IV ................ 13,141.9 13,193.5 –37.4 3,648.1 3,706.7 –37.4 2,007.5 9.2 1,697.5 –45.1 8,329.3 1,167.0

2009: I .................. 12,925.4 13,055.8 –113.9 3,566.4 3,710.2 –113.9 1,973.9 –115.3 1,731.3 –1.7 8,311.4 1,051.8II ................. 12,901.5 13,077.8 –160.2 3,537.3 3,730.3 –160.2 1,965.9 –121.8 1,757.5 –40.8 8,341.8 1,025.2III ................ 12,973.0 13,127.2 –139.2 3,592.1 3,761.5 –139.2 1,993.5 –93.1 1,762.2 –47.6 8,363.7 1,023.1IV p ............. 13,155.0 13,200.2 –33.5 3,766.7 3,819.2 –33.5 1,991.8 –25.4 1,817.8 –8.6 8,399.0 1,006.8

1 Estimates for durable and nondurable goods for 1996 and earlier periods are based on the Standard Industrial Classification (SIC); later estimates are basedon the North American Industry Classification System (NAICS).

2 Includes government consumption expenditures, which are for services (such as education and national defense) produced by government. In currentdollars, these services are valued at their cost of production.

Source: Department of Commerce (Bureau of Economic Analysis).

342 | Appendix B

Table B–10. Gross value added by sector, 1960–2009[Billions of dollars; quarterly data at seasonally adjusted annual rates]

Year or quarterGross

domesticproduct

Business 1 Households and institutions General government 3

Adden-dum:Gross

housingvalueadded

Total Nonfarm 1 Farm Total House-holds

Nonprofitinstitu-tions

servinghouse-holds 2

Total FederalStateandlocal

1960 ...................... 526.4 419.9 401.7 18.2 44.5 32.6 12.0 62.0 33.0 28.9 39.91961 ...................... 544.8 431.4 413.1 18.3 47.3 34.6 12.8 66.0 34.4 31.6 42.81962 ...................... 585.7 463.9 445.5 18.4 51.0 37.0 14.0 70.7 36.5 34.2 46.01963 ...................... 617.8 488.0 469.5 18.5 54.3 39.1 15.2 75.5 38.4 37.1 48.91964 ...................... 663.6 524.9 507.5 17.3 57.7 41.2 16.5 81.1 40.7 40.4 51.61965 ...................... 719.1 570.7 550.7 19.9 61.8 43.6 18.2 86.6 42.4 44.2 54.91966 ...................... 787.7 624.3 603.5 20.8 66.6 46.2 20.4 96.8 47.2 49.6 58.21967 ...................... 832.4 653.6 633.5 20.1 71.8 49.1 22.7 107.0 51.5 55.5 62.11968 ...................... 909.8 713.5 693.0 20.5 77.5 51.9 25.6 118.8 56.3 62.5 65.91969 ...................... 984.4 769.1 746.3 22.8 85.4 56.0 29.4 130.0 59.9 70.0 71.31970 ...................... 1,038.3 802.2 778.5 23.7 92.6 59.8 32.8 143.5 64.0 79.5 76.71971 ...................... 1,126.8 868.3 842.9 25.4 102.2 65.5 36.7 156.4 67.7 88.6 83.91972 ...................... 1,237.9 957.1 927.5 29.7 111.4 70.8 40.5 169.4 71.5 97.9 91.11973 ...................... 1,382.3 1,077.4 1,030.6 46.8 121.7 76.5 45.2 183.2 73.9 109.3 98.31974 ...................... 1,499.5 1,164.5 1,120.3 44.2 133.6 83.0 50.6 201.3 79.6 121.8 106.81975 ...................... 1,637.7 1,265.8 1,220.1 45.6 147.5 90.8 56.7 224.5 87.3 137.2 117.21976 ...................... 1,824.6 1,420.7 1,377.7 43.0 160.5 98.7 61.8 243.5 93.8 149.7 126.61977 ...................... 2,030.1 1,590.0 1,546.5 43.5 175.5 107.9 67.6 264.6 102.0 162.6 140.51978 ...................... 2,293.8 1,809.4 1,758.7 50.7 196.9 121.3 75.6 287.5 109.7 177.8 155.51979 ...................... 2,562.2 2,028.5 1,968.4 60.1 220.8 136.0 84.8 313.0 117.6 195.4 172.91980 ...................... 2,788.1 2,186.1 2,134.7 51.4 253.5 156.5 97.0 348.5 131.2 217.3 199.81981 ...................... 3,126.8 2,454.0 2,389.0 65.0 287.5 177.8 109.7 385.3 147.4 237.9 228.81982 ...................... 3,253.2 2,514.9 2,454.5 60.4 319.3 196.7 122.7 419.0 161.2 257.7 255.71983 ...................... 3,534.6 2,741.1 2,696.2 44.9 348.2 212.5 135.6 445.4 171.2 274.1 277.71984 ...................... 3,930.9 3,065.5 3,001.3 64.2 380.3 231.0 149.3 485.1 192.1 293.1 301.31985 ...................... 4,217.5 3,283.9 3,220.5 63.4 410.1 250.3 159.8 523.4 205.0 318.4 333.11986 ...................... 4,460.1 3,461.5 3,402.1 59.5 442.3 268.0 174.3 556.3 212.6 343.7 359.71987 ...................... 4,736.4 3,662.0 3,600.5 61.5 482.8 288.0 194.8 591.5 223.3 368.2 385.51988 ...................... 5,100.4 3,940.2 3,879.4 60.7 529.7 313.1 216.6 630.6 234.8 395.8 415.31989 ...................... 5,482.1 4,235.7 4,162.0 73.8 574.2 337.2 237.0 672.2 246.4 425.8 443.41990 ...................... 5,800.5 4,453.9 4,376.6 77.3 624.0 363.3 260.6 722.7 258.8 463.9 477.81991 ...................... 5,992.1 4,558.6 4,488.0 70.6 665.9 383.7 282.2 767.6 274.8 492.8 508.11992 ...................... 6,342.3 4,829.2 4,748.9 80.4 711.1 405.3 305.9 801.9 282.0 519.9 538.61993 ...................... 6,667.4 5,084.1 5,012.7 71.4 752.1 428.3 323.8 831.2 285.2 546.0 562.91994 ...................... 7,085.2 5,425.2 5,341.3 83.9 800.0 461.3 338.7 859.9 285.2 574.7 602.61995 ...................... 7,414.7 5,677.8 5,608.7 69.1 852.1 492.2 359.9 884.8 283.6 601.2 640.71996 ...................... 7,838.5 6,030.2 5,936.9 93.3 897.0 519.8 377.2 911.3 287.6 623.7 671.31997 ...................... 8,332.4 6,442.8 6,354.9 87.9 949.2 550.9 398.3 940.3 290.0 650.3 708.61998 ...................... 8,793.5 6,810.8 6,731.6 79.2 1,010.1 583.9 426.3 972.5 292.2 680.3 745.31999 ...................... 9,353.5 7,249.0 7,177.8 71.2 1,082.9 628.4 454.5 1,021.6 300.4 721.2 798.32000 ...................... 9,951.5 7,715.5 7,641.9 73.6 1,157.2 673.5 483.7 1,078.8 315.1 763.7 849.92001 ...................... 10,286.2 7,913.6 7,837.4 76.2 1,232.9 719.5 513.4 1,139.6 324.9 814.7 904.42002 ...................... 10,642.3 8,132.8 8,060.5 72.3 1,298.0 746.0 552.1 1,211.4 351.8 859.6 932.52003 ...................... 11,142.1 8,502.8 8,410.3 92.4 1,347.2 762.7 584.5 1,292.2 382.9 909.3 938.22004 ...................... 11,867.8 9,084.6 8,966.4 118.3 1,423.8 806.0 617.7 1,359.3 412.0 947.3 988.72005 ...................... 12,638.4 9,695.5 9,593.5 102.0 1,506.4 864.4 642.0 1,436.5 438.7 997.7 1,054.02006 ...................... 13,398.9 10,284.1 10,191.1 93.1 1,602.9 924.8 678.1 1,512.0 460.6 1,051.3 1,130.82007 ...................... 14,077.6 10,789.0 10,672.8 116.2 1,686.9 973.7 713.1 1,601.8 485.7 1,116.0 1,205.42008 ...................... 14,441.4 10,953.1 10,821.0 132.1 1,799.9 1,048.7 751.2 1,688.4 515.2 1,173.2 1,306.52009 p .................... 14,258.7 10,668.7 10,562.2 106.5 1,830.0 1,062.2 767.7 1,760.0 558.7 1,201.3 1,331.32006: I .................. 13,183.5 10,129.8 10,043.0 86.7 1,570.4 906.0 664.4 1,483.2 455.8 1,027.5 1,104.9

II ................. 13,347.8 10,246.9 10,156.4 90.6 1,599.3 924.3 675.0 1,501.6 459.7 1,041.9 1,127.8III ................ 13,452.9 10,311.9 10,218.2 93.6 1,619.6 938.4 681.2 1,521.4 462.4 1,059.0 1,146.7IV ................ 13,611.5 10,447.9 10,346.6 101.3 1,622.0 930.4 691.6 1,541.6 464.7 1,076.9 1,143.7

2007: I .................. 13,795.6 10,572.3 10,462.3 110.0 1,648.7 947.4 701.3 1,574.5 480.7 1,093.8 1,166.8II ................. 13,997.2 10,737.4 10,626.8 110.6 1,666.4 958.3 708.1 1,593.4 484.0 1,109.3 1,185.6III ................ 14,179.9 10,872.9 10,758.4 114.5 1,697.6 981.7 716.0 1,609.3 487.3 1,122.0 1,217.5IV ................ 14,337.9 10,973.3 10,843.9 129.5 1,734.6 1,007.6 727.0 1,629.9 490.9 1,139.0 1,251.8

2008: I .................. 14,373.9 10,952.7 10,809.7 143.1 1,761.5 1,025.0 736.5 1,659.7 505.3 1,154.4 1,274.6II ................. 14,497.8 11,022.1 10,889.6 132.6 1,796.2 1,050.6 745.5 1,679.5 511.8 1,167.7 1,306.2III ................ 14,546.7 11,034.7 10,901.6 133.0 1,812.4 1,057.1 755.3 1,699.6 518.5 1,181.1 1,318.3IV ................ 14,347.3 10,802.9 10,683.3 119.6 1,829.5 1,062.0 767.5 1,715.0 525.2 1,189.7 1,326.9

2009: I .................. 14,178.0 10,614.2 10,510.4 103.8 1,823.9 1,063.4 760.5 1,739.8 543.8 1,196.0 1,330.0II ................. 14,151.2 10,578.5 10,473.0 105.5 1,814.7 1,054.5 760.1 1,758.0 554.3 1,203.8 1,322.9III ................ 14,242.1 10,641.0 10,540.6 100.4 1,836.5 1,065.6 770.9 1,764.7 563.6 1,201.1 1,335.6IV p ............. 14,463.4 10,840.9 10,724.7 116.2 1,844.8 1,065.4 779.4 1,777.7 573.3 1,204.4 1,336.8

1 Gross domestic business value added equals gross domestic product excluding gross value added of households and institutions and of generalgovernment. Nonfarm value added equals gross domestic business value added excluding gross farm value added.

2 Equals compensation of employees of nonprofit institutions, the rental value of nonresidential fixed assets owned and used by nonprofit institutions servinghouseholds, and rental income of persons for tenant-occupied housing owned by nonprofit institutions.

3 Equals compensation of general government employees plus general government consumption of fixed capital.Source: Department of Commerce (Bureau of Economic Analysis).

National Income or Expenditure | 343

Table B–11. Real gross value added by sector, 1960–2009[Billions of chained (2005) dollars; quarterly data at seasonally adjusted annual rates]

Year or quarterGross

domesticproduct

Business 1 Households and institutions General government 3

Adden-dum:Gross

housingvalueadded

Total Nonfarm 1 Farm Total House-holds

Nonprofitinstitu-tions

servinghouse-holds 2

Total FederalStateandlocal

1960 ...................... 2,830.9 1,928.1 1,889.6 25.1 335.6 197.3 135.2 670.5 369.8 310.5 237.21961 ...................... 2,896.9 1,965.8 1,927.3 25.4 349.6 206.5 139.2 694.2 377.6 326.5 250.51962 ...................... 3,072.4 2,092.6 2,058.9 24.9 368.9 217.9 146.6 721.3 393.2 338.5 265.91963 ...................... 3,206.7 2,189.2 2,155.2 25.7 384.0 226.9 152.6 742.8 396.7 356.1 278.91964 ...................... 3,392.3 2,328.0 2,299.7 24.9 399.9 236.0 159.4 768.4 400.7 377.5 291.61965 ...................... 3,610.1 2,492.3 2,462.6 26.5 419.7 246.9 168.6 794.2 403.4 400.5 307.11966 ...................... 3,845.3 2,661.0 2,638.6 25.5 438.9 256.8 178.5 843.9 429.9 424.2 320.91967 ...................... 3,942.5 2,712.0 2,684.1 27.6 457.1 267.1 186.6 888.7 457.9 442.1 335.61968 ...................... 4,133.4 2,846.8 2,824.8 26.6 480.1 274.6 204.9 923.6 465.7 468.6 348.31969 ...................... 4,261.8 2,934.0 2,910.9 27.5 501.2 285.9 214.9 947.2 467.1 490.0 364.61970 ...................... 4,269.9 2,933.3 2,907.7 28.3 510.2 292.6 216.7 950.8 447.1 511.7 376.61971 ...................... 4,413.3 3,046.0 3,018.2 29.8 531.7 305.9 224.5 952.4 426.5 532.5 393.61972 ...................... 4,647.7 3,242.1 3,218.8 29.8 554.8 319.1 234.4 950.6 405.8 550.9 412.51973 ...................... 4,917.0 3,469.4 3,454.8 29.5 574.6 330.6 242.7 954.9 390.7 570.2 427.81974 ...................... 4,889.9 3,417.5 3,404.1 28.8 597.7 345.0 251.0 974.4 389.4 590.9 448.51975 ...................... 4,879.5 3,385.6 3,348.6 34.3 617.9 354.2 262.5 990.1 387.3 608.9 462.21976 ...................... 5,141.3 3,609.2 3,583.4 32.7 628.2 360.9 265.8 998.7 387.9 616.9 469.31977 ...................... 5,377.7 3,810.1 3,783.0 34.5 637.5 365.0 271.3 1,009.2 389.0 626.4 481.21978 ...................... 5,677.6 4,050.1 4,032.5 33.3 666.4 387.4 276.7 1,028.5 393.9 641.0 503.21979 ...................... 5,855.0 4,184.6 4,159.7 36.3 695.3 405.0 287.8 1,039.5 393.5 652.4 523.01980 ...................... 5,839.0 4,137.4 4,114.9 35.2 730.9 430.6 297.1 1,054.4 399.7 661.2 555.01981 ...................... 5,987.2 4,252.5 4,202.5 46.5 754.1 444.1 306.8 1,060.2 405.9 660.9 576.71982 ...................... 5,870.9 4,123.7 4,066.9 48.8 778.9 452.1 324.3 1,071.0 412.5 665.2 592.31983 ...................... 6,136.2 4,345.8 4,328.5 31.9 801.0 460.5 338.5 1,077.9 422.0 662.5 605.41984 ...................... 6,577.1 4,723.2 4,684.5 43.3 826.8 476.4 348.3 1,091.3 431.6 666.4 624.61985 ...................... 6,849.3 4,942.5 4,886.4 52.9 841.2 487.4 351.2 1,122.5 443.9 685.6 649.11986 ...................... 7,086.5 5,126.9 5,076.1 50.8 863.4 493.7 368.0 1,150.1 451.8 705.4 661.11987 ...................... 7,313.3 5,295.7 5,245.2 51.3 895.8 506.8 388.0 1,175.3 463.6 719.0 676.81988 ...................... 7,613.9 5,522.7 5,484.5 45.6 937.2 525.7 411.1 1,205.8 469.3 743.6 696.41989 ...................... 7,885.9 5,727.3 5,678.1 52.3 974.8 542.0 432.9 1,234.6 475.1 766.4 712.21990 ...................... 8,033.9 5,815.3 5,759.9 56.0 1,009.6 555.7 454.9 1,266.2 483.8 789.2 730.21991 ...................... 8,015.1 5,764.3 5,707.0 56.9 1,038.5 572.0 467.4 1,279.4 486.7 799.4 754.61992 ...................... 8,287.1 5,991.8 5,921.3 66.2 1,071.4 589.0 483.5 1,283.7 476.5 813.0 776.71993 ...................... 8,523.4 6,185.0 6,128.2 57.8 1,106.9 603.5 504.9 1,286.5 467.4 824.2 789.11994 ...................... 8,870.7 6,488.2 6,414.2 70.5 1,140.0 631.9 508.7 1,286.8 452.2 838.5 821.71995 ...................... 9,093.7 6,670.8 6,617.8 56.4 1,175.5 651.3 524.8 1,287.7 435.1 855.1 846.91996 ...................... 9,433.9 6,974.6 6,909.4 65.3 1,199.8 665.4 535.0 1,289.8 423.2 868.4 860.41997 ...................... 9,854.3 7,335.7 7,261.4 72.5 1,240.5 687.6 553.5 1,299.6 415.2 885.6 885.61998 ...................... 10,283.5 7,702.4 7,633.5 69.4 1,280.2 703.7 577.8 1,314.3 410.4 904.6 900.91999 ...................... 10,779.8 8,132.8 8,060.6 72.8 1,325.5 740.3 585.3 1,326.3 407.1 919.5 942.32000 ...................... 11,226.0 8,500.9 8,417.8 83.5 1,376.2 774.1 601.8 1,349.4 410.5 939.0 977.82001 ...................... 11,347.2 8,569.1 8,491.9 77.7 1,407.0 793.1 613.4 1,373.7 412.1 961.3 997.82002 ...................... 11,553.0 8,736.6 8,655.9 81.2 1,417.3 789.9 627.7 1,401.4 420.2 980.9 988.52003 ...................... 11,840.7 9,005.9 8,914.8 91.6 1,417.8 787.1 631.1 1,418.2 431.5 986.7 969.32004 ...................... 12,263.8 9,379.9 9,282.0 97.9 1,457.4 821.7 635.9 1,426.8 435.8 991.0 1,008.42005 ...................... 12,638.4 9,695.5 9,593.5 102.0 1,506.4 864.4 642.0 1,436.5 438.7 997.7 1,054.02006 ...................... 12,976.2 9,991.7 9,892.3 99.1 1,539.8 898.0 642.0 1,445.0 438.4 1,006.5 1,098.62007 ...................... 13,254.1 10,215.3 10,123.7 91.6 1,573.8 919.5 654.5 1,465.5 441.8 1,023.7 1,136.82008 ...................... 13,312.2 10,214.8 10,109.2 103.4 1,598.6 931.3 667.4 1,497.5 459.2 1,038.3 1,154.02009 p .................... 12,988.7 9,855.8 9,741.7 111.4 1,600.7 924.3 676.6 1,525.3 487.3 1,038.2 1,150.12006: I .................. 12,915.9 9,944.7 9,850.1 93.8 1,533.8 890.6 643.3 1,437.6 436.4 1,001.2 1,086.4

II ................. 12,962.5 9,980.3 9,873.8 107.3 1,542.3 900.8 641.8 1,440.1 436.6 1,003.5 1,099.8III ................ 12,965.9 9,971.3 9,871.4 99.5 1,546.1 905.7 640.7 1,448.7 440.4 1,008.3 1,107.7IV ................ 13,060.7 10,070.6 9,974.0 96.0 1,537.0 894.8 642.4 1,453.5 440.5 1,013.1 1,100.3

2007: I .................. 13,099.9 10,090.8 9,995.8 94.4 1,552.4 905.2 647.4 1,456.9 439.4 1,017.5 1,115.1II ................. 13,204.0 10,176.9 10,086.1 90.8 1,565.7 912.5 653.5 1,461.8 438.9 1,022.9 1,128.0III ................ 13,321.1 10,270.2 10,183.9 87.2 1,583.1 925.7 657.7 1,468.5 443.3 1,025.2 1,146.0IV ................ 13,391.2 10,323.5 10,229.1 93.9 1,593.9 934.8 659.4 1,474.6 445.4 1,029.3 1,158.1

2008: I .................. 13,366.9 10,289.9 10,185.0 102.3 1,592.4 930.2 662.5 1,484.8 450.2 1,034.6 1,152.3II ................. 13,415.3 10,318.1 10,219.2 98.0 1,604.4 938.0 666.5 1,492.7 455.1 1,037.6 1,160.6III ................ 13,324.6 10,220.8 10,115.1 103.4 1,599.7 930.0 669.9 1,502.7 462.3 1,040.4 1,153.0IV ................ 13,141.9 10,030.6 9,917.5 110.0 1,597.8 927.2 670.8 1,509.7 469.1 1,040.6 1,150.1

2009: I .................. 12,925.4 9,804.7 9,692.7 109.1 1,599.4 928.2 671.3 1,514.2 474.6 1,039.7 1,152.1II ................. 12,901.5 9,779.3 9,666.4 110.1 1,590.4 916.9 673.7 1,524.2 484.1 1,040.3 1,141.6III ................ 12,973.0 9,833.6 9,718.5 112.6 1,603.7 925.6 678.3 1,528.1 492.2 1,036.2 1,152.0IV p ............. 13,155.0 10,005.6 9,889.1 113.8 1,609.2 926.5 682.9 1,534.5 498.2 1,036.7 1,154.7

1 Gross domestic business value added equals gross domestic product excluding gross value added of households and institutions and of generalgovernment. Nonfarm value added equals gross domestic business value added excluding gross farm value added.

2 Equals compensation of employees of nonprofit institutions, the rental value of nonresidential fixed assets owned and used by nonprofit institutions servinghouseholds, and rental income of persons for tenant-occupied housing owned by nonprofit institutions.

3 Equals compensation of general government employees plus general government consumption of fixed capital.Source: Department of Commerce (Bureau of Economic Analysis).

344 | Appendix B

Table B–12. Gross domestic product (GDP) by industry, value added, in current dollars andas a percentage of GDP, 1979–2008

[Billions of dollars; except as noted]

YearGross

domesticproduct

Private industries

Totalprivate

industries

Agricul-ture,

forestry,fishing,

andhunting

MiningCon-struc-tion

Manufacturing

Utilities Wholesaletrade

RetailtradeTotal

manufac-turing

Durablegoods

Non-durablegoods

Value added

1979 ........... 2,563.3 2,217.7 70.6 58.4 127.0 543.8 331.1 212.7 51.9 175.8 193.21980 ........... 2,789.5 2,405.8 62.0 91.3 130.3 556.6 333.9 222.7 60.0 188.7 200.91981 ........... 3,128.4 2,702.5 75.4 122.9 131.8 616.5 370.4 246.1 70.7 208.3 221.01982 ........... 3,255.0 2,792.6 71.3 120.0 128.8 603.2 353.4 249.8 81.7 207.9 229.91983 ........... 3,536.7 3,043.5 57.1 103.1 139.8 653.1 379.3 273.8 91.6 222.9 261.61984 ........... 3,933.2 3,395.1 77.1 107.2 164.4 724.0 443.5 280.5 102.3 249.4 293.61985 ........... 4,220.3 3,637.0 77.1 105.4 184.6 740.3 449.2 291.1 109.2 268.3 318.71986 ........... 4,462.8 3,842.9 74.2 68.9 207.7 766.0 459.3 306.7 114.4 278.5 336.61987 ........... 4,739.5 4,080.4 79.8 71.5 218.2 811.3 483.8 327.5 123.0 285.3 349.91988 ........... 5,103.8 4,399.1 80.2 71.4 232.7 876.9 519.0 357.9 122.8 318.1 366.01989 ........... 5,484.4 4,732.3 92.8 76.0 244.8 927.3 543.2 384.1 135.9 337.4 389.01990 ........... 5,803.1 4,997.8 96.7 84.9 248.5 947.4 542.7 404.7 142.9 347.7 398.81991 ........... 5,995.9 5,138.7 89.2 76.0 230.2 957.5 540.9 416.6 152.5 360.5 405.51992 ........... 6,337.7 5,440.4 99.6 71.3 232.5 996.7 562.8 433.8 157.4 378.9 430.01993 ........... 6,657.4 5,729.3 93.1 72.1 248.3 1,039.9 593.1 446.8 165.3 401.2 458.01994 ........... 7,072.2 6,110.5 105.6 73.6 274.4 1,118.8 647.7 471.1 174.6 442.7 493.31995 ........... 7,397.6 6,407.2 93.1 74.1 287.0 1,177.3 677.2 500.0 181.5 457.0 514.91996 ........... 7,816.9 6,795.2 113.8 87.5 311.7 1,209.4 706.5 502.9 183.3 489.1 543.81997 ........... 8,304.3 7,247.5 110.7 92.6 337.6 1,279.8 755.5 524.3 179.6 521.2 574.21998 ........... 8,747.0 7,652.5 102.4 74.8 374.4 1,343.9 806.9 537.0 180.8 542.9 598.61999 ........... 9,268.4 8,127.2 93.8 85.4 406.6 1,373.1 820.4 552.7 185.4 577.7 635.52000 ........... 9,817.0 8,614.3 98.0 121.3 435.9 1,426.2 865.3 560.9 189.3 591.7 662.42001 ........... 10,128.0 8,869.7 97.9 118.7 469.5 1,341.3 778.9 562.5 202.3 607.1 691.62002 ........... 10,469.6 9,131.2 95.4 106.5 482.3 1,352.6 774.8 577.9 207.3 615.4 719.62003 ........... 10,960.8 9,542.3 114.4 143.3 496.2 1,359.3 771.8 587.5 220.0 637.0 751.52004 ........... 11,685.9 10,194.3 142.2 171.3 539.2 1,427.9 807.5 620.4 240.3 686.7 776.92005 ........... 12,421.9 10,853.1 133.3 223.8 605.4 1,480.6 845.1 635.5 239.5 722.4 824.72006 ........... 13,178.4 11,529.3 121.6 262.4 646.0 1,577.4 899.4 678.0 272.7 773.2 866.52007 ........... 13,807.5 12,064.6 167.9 275.0 610.8 1,616.8 922.0 694.9 281.4 805.3 892.52008 ........... 14,264.6 12,424.6 157.7 325.3 581.5 1,637.7 914.7 723.0 306.0 818.8 885.5

Percent Industry value added as a percentage of GDP (percent)

1979 ........... 100.0 86.5 2.8 2.3 5.0 21.2 12.9 8.3 2.0 6.9 7.51980 ........... 100.0 86.2 2.2 3.3 4.7 20.0 12.0 8.0 2.2 6.8 7.21981 ........... 100.0 86.4 2.4 3.9 4.2 19.7 11.8 7.9 2.3 6.7 7.11982 ........... 100.0 85.8 2.2 3.7 4.0 18.5 10.9 7.7 2.5 6.4 7.11983 ........... 100.0 86.1 1.6 2.9 4.0 18.5 10.7 7.7 2.6 6.3 7.41984 ........... 100.0 86.3 2.0 2.7 4.2 18.4 11.3 7.1 2.6 6.3 7.51985 ........... 100.0 86.2 1.8 2.5 4.4 17.5 10.6 6.9 2.6 6.4 7.61986 ........... 100.0 86.1 1.7 1.5 4.7 17.2 10.3 6.9 2.6 6.2 7.51987 ........... 100.0 86.1 1.7 1.5 4.6 17.1 10.2 6.9 2.6 6.0 7.41988 ........... 100.0 86.2 1.6 1.4 4.6 17.2 10.2 7.0 2.4 6.2 7.21989 ........... 100.0 86.3 1.7 1.4 4.5 16.9 9.9 7.0 2.5 6.2 7.11990 ........... 100.0 86.1 1.7 1.5 4.3 16.3 9.4 7.0 2.5 6.0 6.91991 ........... 100.0 85.7 1.5 1.3 3.8 16.0 9.0 6.9 2.5 6.0 6.81992 ........... 100.0 85.8 1.6 1.1 3.7 15.7 8.9 6.8 2.5 6.0 6.81993 ........... 100.0 86.1 1.4 1.1 3.7 15.6 8.9 6.7 2.5 6.0 6.91994 ........... 100.0 86.4 1.5 1.0 3.9 15.8 9.2 6.7 2.5 6.3 7.01995 ........... 100.0 86.6 1.3 1.0 3.9 15.9 9.2 6.8 2.5 6.2 7.01996 ........... 100.0 86.9 1.5 1.1 4.0 15.5 9.0 6.4 2.3 6.3 7.01997 ........... 100.0 87.3 1.3 1.1 4.1 15.4 9.1 6.3 2.2 6.3 6.91998 ........... 100.0 87.5 1.2 .9 4.3 15.4 9.2 6.1 2.1 6.2 6.81999 ........... 100.0 87.7 1.0 .9 4.4 14.8 8.9 6.0 2.0 6.2 6.92000 ........... 100.0 87.7 1.0 1.2 4.4 14.5 8.8 5.7 1.9 6.0 6.72001 ........... 100.0 87.6 1.0 1.2 4.6 13.2 7.7 5.6 2.0 6.0 6.82002 ........... 100.0 87.2 .9 1.0 4.6 12.9 7.4 5.5 2.0 5.9 6.92003 ........... 100.0 87.1 1.0 1.3 4.5 12.4 7.0 5.4 2.0 5.8 6.92004 ........... 100.0 87.2 1.2 1.5 4.6 12.2 6.9 5.3 2.1 5.9 6.62005 ........... 100.0 87.4 1.1 1.8 4.9 11.9 6.8 5.1 1.9 5.8 6.62006 ........... 100.0 87.5 .9 2.0 4.9 12.0 6.8 5.1 2.1 5.9 6.62007 ........... 100.0 87.4 1.2 2.0 4.4 11.7 6.7 5.0 2.0 5.8 6.52008 ........... 100.0 87.1 1.1 2.3 4.1 11.5 6.4 5.1 2.1 5.7 6.2

1 Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing.2 Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance, insurance, real estate, rental, and leasing;

professional and business services; educational services, health care, and social assistance; arts, entertainment, recreation, accommodation, and food services;and other services, except government.

Note: Data shown in Tables B–12 and B–13 do not reflect the benchmark revision of the National Income and Product Accounts released in July 2009. Fordetails see Survey of Current Business, May 2009.

See next page for continuation of table.

National Income or Expenditure | 345

Table B–12. Gross domestic product (GDP) by industry, value added, in current dollars andas a percentage of GDP, 1979–2008—Continued

[Billions of dollars; except as noted]

Year

Private industries—Continued

GovernmentPrivategoods-

producingindustries 1

Privateservices-producing

industries 2

Transpor-tationand

ware-housing

Information

Finance,insurance,real estate,

rental,and

leasing

Profes-sionaland

businessservices

Educationalservices,

health care,and

socialassistance

Arts,entertain-

ment,recreation,accommo-

dation,and foodservices

Otherservices,except

government

Value added

1979 ............. 96.6 90.3 390.3 164.0 120.5 77.1 58.2 345.7 799.7 1,417.91980 ............. 102.3 99.0 442.4 186.3 139.7 83.5 62.6 383.7 840.2 1,565.61981 ............. 109.9 112.7 498.4 213.2 159.9 93.5 68.5 425.9 946.6 1,755.91982 ............. 105.9 123.6 539.9 230.9 177.9 100.9 70.7 462.4 923.3 1,869.31983 ............. 117.8 140.0 604.6 262.5 198.3 112.0 79.2 493.1 953.1 2,090.51984 ............. 131.4 147.1 670.2 303.8 214.1 121.2 89.3 538.1 1,072.7 2,322.31985 ............. 136.3 162.9 729.7 340.8 231.3 134.3 98.0 583.3 1,107.4 2,529.51986 ............. 145.6 173.1 795.1 378.8 252.0 144.9 107.2 620.0 1,116.7 2,726.11987 ............. 151.1 185.0 840.3 414.1 286.5 152.1 112.3 659.1 1,180.8 2,899.51988 ............. 161.1 194.0 910.1 466.3 309.1 165.9 124.4 704.7 1,261.3 3,137.81989 ............. 164.1 210.4 975.4 518.0 347.0 180.2 133.9 752.0 1,341.0 3,391.41990 ............. 169.4 225.1 1,042.1 569.8 386.7 195.2 142.6 805.3 1,377.4 3,620.41991 ............. 178.2 235.2 1,103.6 579.3 424.8 202.2 144.2 857.2 1,352.8 3,785.91992 ............. 186.6 250.9 1,177.4 626.7 463.5 216.2 153.0 897.3 1,400.0 4,040.51993 ............. 201.0 272.6 1,241.5 659.1 488.0 225.5 163.7 928.1 1,453.4 4,275.91994 ............. 218.0 294.0 1,297.8 698.4 511.1 235.0 173.2 961.8 1,572.4 4,538.01995 ............. 226.3 307.6 1,383.0 743.1 533.3 248.3 180.9 990.4 1,631.4 4,775.81996 ............. 235.2 335.7 1,470.7 810.1 552.5 264.4 188.1 1,021.6 1,722.4 5,072.81997 ............. 253.7 347.8 1,593.3 896.5 573.1 289.8 197.4 1,056.8 1,820.8 5,426.81998 ............. 273.7 381.6 1,684.6 976.2 601.5 306.0 211.1 1,094.5 1,895.4 5,757.11999 ............. 287.4 439.3 1,798.4 1,064.5 634.5 327.8 217.8 1,141.2 1,958.9 6,168.32000 ............. 301.6 458.3 1,931.0 1,140.8 678.4 350.1 229.1 1,202.7 2,081.5 6,532.82001 ............. 296.9 476.9 2,059.2 1,165.9 739.3 361.5 241.5 1,258.3 2,027.5 6,842.22002 ............. 304.6 483.0 2,141.9 1,189.0 799.6 381.5 252.5 1,338.4 2,036.9 7,094.32003 ............. 316.6 489.1 2,244.6 1,248.9 857.3 398.9 265.3 1,418.4 2,113.3 7,429.12004 ............. 344.6 530.6 2,378.8 1,338.2 916.3 427.5 273.9 1,491.6 2,280.6 7,913.72005 ............. 364.7 557.8 2,527.9 1,463.9 969.7 451.8 287.5 1,568.8 2,443.2 8,409.92006 ............. 387.4 559.6 2,685.8 1,566.4 1,025.8 484.9 299.5 1,649.1 2,607.4 8,921.82007 ............. 407.2 586.3 2,811.2 1,694.1 1,087.0 513.3 315.6 1,742.9 2,670.6 9,394.02008 ............. 414.9 622.0 2,848.4 1,805.8 1,157.9 536.3 326.8 1,840.0 2,702.2 9,722.4

Industry value added as a percentage of GDP (percent)

1979 ............. 3.8 3.5 15.2 6.4 4.7 3.0 2.3 13.5 31.2 55.31980 ............. 3.7 3.5 15.9 6.7 5.0 3.0 2.2 13.8 30.1 56.11981 ............. 3.5 3.6 15.9 6.8 5.1 3.0 2.2 13.6 30.3 56.11982 ............. 3.3 3.8 16.6 7.1 5.5 3.1 2.2 14.2 28.4 57.41983 ............. 3.3 4.0 17.1 7.4 5.6 3.2 2.2 13.9 26.9 59.11984 ............. 3.3 3.7 17.0 7.7 5.4 3.1 2.3 13.7 27.3 59.01985 ............. 3.2 3.9 17.3 8.1 5.5 3.2 2.3 13.8 26.2 59.91986 ............. 3.3 3.9 17.8 8.5 5.6 3.2 2.4 13.9 25.0 61.11987 ............. 3.2 3.9 17.7 8.7 6.0 3.2 2.4 13.9 24.9 61.21988 ............. 3.2 3.8 17.8 9.1 6.1 3.3 2.4 13.8 24.7 61.51989 ............. 3.0 3.8 17.8 9.4 6.3 3.3 2.4 13.7 24.5 61.81990 ............. 2.9 3.9 18.0 9.8 6.7 3.4 2.5 13.9 23.7 62.41991 ............. 3.0 3.9 18.4 9.7 7.1 3.4 2.4 14.3 22.6 63.11992 ............. 2.9 4.0 18.6 9.9 7.3 3.4 2.4 14.2 22.1 63.81993 ............. 3.0 4.1 18.6 9.9 7.3 3.4 2.5 13.9 21.8 64.21994 ............. 3.1 4.2 18.4 9.9 7.2 3.3 2.4 13.6 22.2 64.21995 ............. 3.1 4.2 18.7 10.0 7.2 3.4 2.4 13.4 22.1 64.61996 ............. 3.0 4.3 18.8 10.4 7.1 3.4 2.4 13.1 22.0 64.91997 ............. 3.1 4.2 19.2 10.8 6.9 3.5 2.4 12.7 21.9 65.31998 ............. 3.1 4.4 19.3 11.2 6.9 3.5 2.4 12.5 21.7 65.81999 ............. 3.1 4.7 19.4 11.5 6.8 3.5 2.3 12.3 21.1 66.62000 ............. 3.1 4.7 19.7 11.6 6.9 3.6 2.3 12.3 21.2 66.52001 ............. 2.9 4.7 20.3 11.5 7.3 3.6 2.4 12.4 20.0 67.62002 ............. 2.9 4.6 20.5 11.4 7.6 3.6 2.4 12.8 19.5 67.82003 ............. 2.9 4.5 20.5 11.4 7.8 3.6 2.4 12.9 19.3 67.82004 ............. 2.9 4.5 20.4 11.5 7.8 3.7 2.3 12.8 19.5 67.72005 ............. 2.9 4.5 20.4 11.8 7.8 3.6 2.3 12.6 19.7 67.72006 ............. 2.9 4.2 20.4 11.9 7.8 3.7 2.3 12.5 19.8 67.72007 ............. 2.9 4.2 20.4 12.3 7.9 3.7 2.3 12.6 19.3 68.02008 ............. 2.9 4.4 20.0 12.7 8.1 3.8 2.3 12.9 18.9 68.2

Note (cont’d): Value added is the contribution of each private industry and of government to GDP. Value added is equal to an industry’s gross output minusits intermediate inputs. Current-dollar value added is calculated as the sum of distributions by an industry to its labor and capital, which are derived from thecomponents of gross domestic income.

Value added industry data shown in Tables B–12 and B–13 are based on the 1997 North American Industry Classification System (NAICS). GDP by industrydata based on the Standard Industrial Classification (SIC) are available from the Department of Commerce, Bureau of Economic Analysis.

Source: Department of Commerce (Bureau of Economic Analysis).

346 | Appendix B

Table B–13. Real gross domestic product by industry, value added, and percent changes,1979–2008

YearGross

domesticproduct

Private industries

Totalprivate

industries

Agricul-ture,

forestry,fishing,

andhunting

MiningCon-struc-tion

Manufacturing

Utilities Wholesaletrade

RetailtradeTotal

manufac-turing

Durablegoods

Non-durablegoods

Chain-type quantity indexes for value added (2000=100)

1979 ........... 52.699 50.606 48.573 79.749 81.174 50.843 40.808 70.282 54.661 39.888 40.7011980 ........... 52.579 50.321 47.543 89.978 74.626 48.190 38.476 67.152 51.968 39.782 38.9071981 ........... 53.904 51.720 59.731 90.260 67.939 50.480 39.563 72.303 51.733 42.074 40.0351982 ........... 52.860 50.422 62.961 86.329 59.460 46.795 35.645 69.864 50.698 42.096 39.9511983 ........... 55.249 52.785 43.338 81.175 62.805 50.455 37.953 76.660 52.706 43.770 44.1231984 ........... 59.220 56.789 57.105 88.849 72.200 55.084 44.042 76.466 57.341 47.143 48.2651985 ........... 61.666 59.383 69.555 93.077 79.043 56.582 45.187 78.688 60.940 49.523 51.2321986 ........... 63.804 61.137 68.605 87.529 81.818 56.516 45.550 77.515 64.406 54.486 54.1871987 ........... 65.958 63.367 71.483 91.661 82.448 60.746 48.859 83.572 72.315 53.070 52.1381988 ........... 68.684 66.299 64.678 99.992 85.435 64.212 52.843 85.425 70.613 56.444 56.5451989 ........... 71.116 68.710 71.099 97.072 87.646 65.033 53.696 86.109 79.002 58.603 58.8381990 ........... 72.451 69.905 74.689 96.157 86.543 64.299 52.963 85.419 84.447 57.318 59.7941991 ........... 72.329 69.779 75.398 97.638 79.137 63.412 51.496 85.835 85.285 59.387 59.4831992 ........... 74.734 72.363 83.114 95.694 80.026 65.508 52.742 89.669 85.362 65.037 62.9601993 ........... 76.731 74.291 72.838 97.020 82.010 68.255 55.173 92.943 85.814 67.135 65.3511994 ........... 79.816 77.765 84.616 105.327 86.586 73.496 60.173 98.369 89.518 71.346 69.8061995 ........... 81.814 79.722 73.099 105.681 86.312 76.819 65.218 97.783 93.835 70.800 72.9741996 ........... 84.842 83.179 80.041 98.850 90.694 79.682 69.120 98.443 95.405 77.261 79.4071997 ........... 88.658 87.362 88.315 102.463 93.267 84.518 75.335 100.438 91.161 85.648 86.0391998 ........... 92.359 91.662 86.287 101.682 97.087 90.181 84.355 99.762 90.481 95.431 90.3991999 ........... 96.469 96.183 89.163 104.300 99.411 94.104 89.627 101.298 94.672 100.412 95.6862000 ........... 100.000 100.000 100.000 100.000 100.000 100.000 100.000 100.000 100.000 100.000 100.0002001 ........... 100.751 100.908 93.661 94.715 100.163 94.436 94.031 95.034 95.081 107.003 106.9702002 ........... 102.362 102.354 98.767 88.719 98.201 97.066 95.663 99.056 99.144 108.059 109.2942003 ........... 104.931 105.068 106.173 87.922 96.189 98.168 98.169 98.265 105.990 110.380 113.5592004 ........... 108.748 109.198 113.287 88.770 96.430 103.653 103.873 103.468 112.076 112.614 116.5332005 ........... 111.944 113.068 122.911 85.440 95.996 104.543 109.622 98.292 105.443 116.279 126.9232006 ........... 115.054 116.591 116.434 91.760 92.039 110.312 118.547 100.388 106.638 116.980 133.9832007 ........... 117.388 118.990 124.524 91.835 81.769 113.488 124.191 100.819 107.881 117.968 140.0772008 ........... 118.692 119.678 123.854 91.056 77.183 110.382 122.621 96.166 109.945 116.240 139.396

Percent change from year earlier

1979 ........... 3.2 3.7 7.8 –10.3 3.5 3.4 1.6 6.4 –8.3 7.6 0.11980 ........... –.2 –.6 –2.1 12.8 –8.1 –5.2 –5.7 –4.5 –4.9 –.3 –4.41981 ........... 2.5 2.8 25.6 .3 –9.0 4.8 2.8 7.7 –.5 5.8 2.91982 ........... –1.9 –2.5 5.4 –4.4 –12.5 –7.3 –9.9 –3.4 –2.0 .1 –.21983 ........... 4.5 4.7 –31.2 –6.0 5.6 7.8 6.5 9.7 4.0 4.0 10.41984 ........... 7.2 7.6 31.8 9.5 15.0 9.2 16.0 –.3 8.8 7.7 9.41985 ........... 4.1 4.6 21.8 4.8 9.5 2.7 2.6 2.9 6.3 5.0 6.11986 ........... 3.5 3.0 –1.4 –6.0 3.5 –.1 .8 –1.5 5.7 10.0 5.81987 ........... 3.4 3.6 4.2 4.7 .8 7.5 7.3 7.8 12.3 –2.6 –3.81988 ........... 4.1 4.6 –9.5 9.1 3.6 5.7 8.2 2.2 –2.4 6.4 8.51989 ........... 3.5 3.6 9.9 –2.9 2.6 1.3 1.6 .8 11.9 3.8 4.11990 ........... 1.9 1.7 5.0 –.9 –1.3 –1.1 –1.4 –.8 6.9 –2.2 1.61991 ........... –.2 –.2 .9 1.5 –8.6 –1.4 –2.8 .5 1.0 3.6 –.51992 ........... 3.3 3.7 10.2 –2.0 1.1 3.3 2.4 4.5 .1 9.5 5.81993 ........... 2.7 2.7 –12.4 1.4 2.5 4.2 4.6 3.7 .5 3.2 3.81994 ........... 4.0 4.7 16.2 8.6 5.6 7.7 9.1 5.8 4.3 6.3 6.81995 ........... 2.5 2.5 –13.6 .3 –.3 4.5 8.4 –.6 4.8 –.8 4.51996 ........... 3.7 4.3 9.5 –6.5 5.1 3.7 6.0 .7 1.7 9.1 8.81997 ........... 4.5 5.0 10.3 3.7 2.8 6.1 9.0 2.0 –4.4 10.9 8.41998 ........... 4.2 4.9 –2.3 –.8 4.1 6.7 12.0 –.7 –.7 11.4 5.11999 ........... 4.5 4.9 3.3 2.6 2.4 4.4 6.2 1.5 4.6 5.2 5.82000 ........... 3.7 4.0 12.2 –4.1 .6 6.3 11.6 –1.3 5.6 –.4 4.52001 ........... .8 .9 –6.3 –5.3 .2 –5.6 –6.0 –5.0 –4.9 7.0 7.02002 ........... 1.6 1.4 5.5 –6.3 –2.0 2.8 1.7 4.2 4.3 1.0 2.22003 ........... 2.5 2.7 7.5 –.9 –2.0 1.1 2.6 –.8 6.9 2.1 3.92004 ........... 3.6 3.9 6.7 1.0 .3 5.6 5.8 5.3 5.7 2.0 2.62005 ........... 2.9 3.5 8.5 –3.8 –.5 .9 5.5 –5.0 –5.9 3.3 8.92006 ........... 2.8 3.1 –5.3 7.4 –4.1 5.5 8.1 2.1 1.1 .6 5.62007 ........... 2.0 2.1 6.9 .1 –11.2 2.9 4.8 .4 1.2 .8 4.52008 ........... 1.1 .6 –.5 –.8 –5.6 –2.7 –1.3 –4.6 1.9 –1.5 –.5

1 Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing.2 Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance, insurance, real estate, rental, and leasing;

professional and business services; educational services, health care, and social assistance; arts, entertainment, recreation, accommodation, and food services;and other services, except government.

See next page for continuation of table.

National Income or Expenditure | 347

Table B–13. Real gross domestic product by industry, value added, and percent changes,1979–2008—Continued

Year

Private industries—Continued

GovernmentPrivategoods-

producingindustries 1

Privateservices-producing

industries 2

Transpor-tationand

ware-housing

Information

Finance,insurance,real estate,

rental,and

leasing

Profes-sionaland

businessservices

Educationalservices,

health care,and

socialassistance

Arts,entertain-

ment,recreation,accommo-

dation,and foodservices

Otherservices,except

government

Chain-type quantity indexes for value added (2000=100)

1979 ............. 48.252 34.231 52.965 39.387 63.234 53.512 75.703 77.721 56.085 48.1201980 ............. 47.232 36.394 55.414 40.529 66.887 52.407 74.411 79.023 53.880 48.7641981 ............. 46.178 38.257 56.573 41.554 68.455 54.193 72.329 79.328 55.783 49.9231982 ............. 43.855 38.155 56.986 41.345 68.856 55.695 69.103 79.456 52.029 49.7941983 ............. 49.486 41.017 58.734 44.142 71.153 59.784 72.470 80.178 53.361 52.6371984 ............. 52.121 40.717 61.282 48.913 72.366 62.194 77.498 81.038 59.454 55.7271985 ............. 52.715 42.039 62.812 52.748 73.629 66.167 80.936 83.172 62.569 58.1041986 ............. 53.021 42.672 63.965 56.860 75.166 69.642 82.885 85.105 62.534 60.5761987 ............. 55.690 45.764 65.941 60.050 80.273 68.742 84.221 86.753 66.173 62.2561988 ............. 57.990 47.649 68.652 64.420 80.570 71.515 89.044 88.812 69.104 65.1861989 ............. 59.507 51.150 70.359 68.787 84.002 73.872 92.188 90.984 70.366 68.0331990 ............. 62.281 53.420 71.877 72.073 87.047 76.063 94.369 93.215 69.858 69.8771991 ............. 65.060 54.441 73.051 69.786 89.285 74.232 91.258 93.658 68.214 70.3191992 ............. 68.758 57.568 74.863 72.008 91.728 77.250 92.502 94.134 70.330 73.0741993 ............. 71.988 61.445 76.931 73.224 92.199 78.787 95.195 94.055 72.128 75.0471994 ............. 77.827 65.223 78.506 75.430 92.413 80.604 98.624 94.407 77.818 77.7451995 ............. 80.473 67.996 80.732 77.382 93.503 83.542 99.714 94.250 79.572 79.7731996 ............. 84.585 72.714 82.893 82.053 94.144 86.796 99.072 94.768 82.596 83.3771997 ............. 88.373 74.559 86.786 87.432 94.809 90.310 99.291 95.864 87.229 87.4071998 ............. 91.454 82.252 90.201 91.976 95.603 93.446 101.871 96.923 91.878 91.5911999 ............. 95.301 95.467 94.994 96.898 97.304 96.836 100.236 98.009 95.402 96.4342000 ............. 100.000 100.000 100.000 100.000 100.000 100.000 100.000 100.000 100.000 100.0002001 ............. 97.354 104.034 103.858 99.346 103.186 99.292 98.337 100.794 95.654 102.5842002 ............. 99.531 106.263 104.800 99.192 107.527 101.022 98.667 102.467 96.853 104.1072003 ............. 101.534 109.430 107.288 103.554 112.257 104.138 100.615 103.776 97.402 107.4962004 ............. 110.780 122.221 110.433 107.750 115.949 108.114 100.770 104.252 101.328 111.6922005 ............. 115.253 132.881 115.054 113.709 119.231 110.366 102.776 104.962 101.915 116.6242006 ............. 117.627 136.503 119.756 117.579 123.043 114.158 102.381 105.509 104.628 120.4142007 ............. 120.592 147.542 122.183 122.646 125.627 116.126 102.756 106.914 103.880 123.8702008 ............. 116.091 155.211 122.100 129.361 131.207 118.049 103.026 109.033 100.718 125.879

Percent change from year earlier

1979 ............. 5.6 8.6 5.2 6.8 4.2 2.8 0.8 1.3 2.7 4.21980 ............. –2.1 6.3 4.6 2.9 5.8 –2.1 –1.7 1.7 –3.9 1.31981 ............. –2.2 5.1 2.1 2.5 2.3 3.4 –2.8 .4 3.5 2.41982 ............. –5.0 –.3 .7 –.5 .6 2.8 –4.5 .2 –6.7 –.31983 ............. 12.8 7.5 3.1 6.8 3.3 7.3 4.9 .9 2.6 5.71984 ............. 5.3 –.7 4.3 10.8 1.7 4.0 6.9 1.1 11.4 5.91985 ............. 1.1 3.2 2.5 7.8 1.7 6.4 4.4 2.6 5.2 4.31986 ............. .6 1.5 1.8 7.8 2.1 5.3 2.4 2.3 –.1 4.31987 ............. 5.0 7.2 3.1 5.6 6.8 –1.3 1.6 1.9 5.8 2.81988 ............. 4.1 4.1 4.1 7.3 .4 4.0 5.7 2.4 4.4 4.71989 ............. 2.6 7.3 2.5 6.8 4.3 3.3 3.5 2.4 1.8 4.41990 ............. 4.7 4.4 2.2 4.8 3.6 3.0 2.4 2.5 –.7 2.71991 ............. 4.5 1.9 1.6 –3.2 2.6 –2.4 –3.3 .5 –2.4 .61992 ............. 5.7 5.7 2.5 3.2 2.7 4.1 1.4 .5 3.1 3.91993 ............. 4.7 6.7 2.8 1.7 .5 2.0 2.9 –.1 2.6 2.71994 ............. 8.1 6.1 2.0 3.0 .2 2.3 3.6 .4 7.9 3.61995 ............. 3.4 4.3 2.8 2.6 1.2 3.6 1.1 –.2 2.3 2.61996 ............. 5.1 6.9 2.7 6.0 .7 3.9 –.6 .5 3.8 4.51997 ............. 4.5 2.5 4.7 6.6 .7 4.0 .2 1.2 5.6 4.81998 ............. 3.5 10.3 3.9 5.2 .8 3.5 2.6 1.1 5.3 4.81999 ............. 4.2 16.1 5.3 5.4 1.8 3.6 –1.6 1.1 3.8 5.32000 ............. 4.9 4.7 5.3 3.2 2.8 3.3 –.2 2.0 4.8 3.72001 ............. –2.6 4.0 3.9 –.7 3.2 –.7 –1.7 .8 –4.3 2.62002 ............. 2.2 2.1 .9 –.2 4.2 1.7 .3 1.7 1.3 1.52003 ............. 2.0 3.0 2.4 4.4 4.4 3.1 2.0 1.3 .6 3.32004 ............. 9.1 11.7 2.9 4.1 3.3 3.8 .2 .5 4.0 3.92005 ............. 4.0 8.7 4.2 5.5 2.8 2.1 2.0 .7 .6 4.42006 ............. 2.1 2.7 4.1 3.4 3.2 3.4 –.4 .5 2.7 3.22007 ............. 2.5 8.1 2.0 4.3 2.1 1.7 .4 1.3 –.7 2.92008 ............. –3.7 5.2 –.1 5.5 4.4 1.7 .3 2.0 –3.0 1.6

Note: Data are based on the 1997 North American Industry Classification System (NAICS).See Note, Table B–12.Source: Department of Commerce (Bureau of Economic Analysis).

348 | Appendix B

Table B–14. Gross value added of nonfinancial corporate business, 1960–2009[Billions of dollars; quarterly data at seasonally adjusted annual rates]

Year orquarter

Grossvalueaddedof non-

financialcorpo-ratebusi-ness 1

Con-sump-tionof

fixedcapital

Net value added Addenda

Total

Com-pensa-

tionof

employ-ees

Taxeson

produc-tion andimports

lesssub-

sidies

Net operating surplus

Profitsbefore

tax

Inven-tory

valua-tion

adjust-ment

Capitalcon-

sumptionadjust-ment

Total

Netinterest

andmiscel-laneous

pay-ments

Busi-ness

currenttransfer

pay-ments

Corporate profits with inven-tory valuation and capitalconsumption adjustments

Total

Taxeson

corpo-rate

income

Profitsaftertax 2

1960 ............. 276.4 23.1 253.3 180.4 26.6 46.3 3.2 1.4 41.7 19.1 22.6 40.1 –0.2 1.91961 ............. 283.7 23.7 260.1 184.5 27.6 47.9 3.7 1.5 42.7 19.4 23.3 39.9 .3 2.51962 ............. 309.8 24.5 285.2 199.3 29.9 56.1 4.3 1.7 50.1 20.6 29.5 44.6 .0 5.41963 ............. 329.9 25.6 304.3 210.1 31.7 62.5 4.7 1.7 56.1 22.8 33.4 49.7 .1 6.41964 ............. 356.1 27.0 329.0 225.7 33.9 69.5 5.2 2.0 62.4 23.9 38.5 55.9 –.5 7.01965 ............. 391.2 29.1 362.1 245.4 36.0 80.7 5.8 2.2 72.7 27.1 45.5 66.1 –1.2 7.81966 ............. 429.0 31.9 397.1 272.9 37.0 87.2 7.0 2.7 77.5 29.5 48.0 71.4 –2.1 8.11967 ............. 451.2 35.2 416.0 291.1 39.3 85.6 8.4 2.8 74.4 27.8 46.5 67.6 –1.6 8.31968 ............. 497.8 38.7 459.1 321.9 45.5 91.7 9.7 3.1 78.9 33.5 45.4 74.0 –3.7 8.61969 ............. 540.5 42.9 497.5 357.1 50.2 90.3 12.7 3.2 74.4 33.3 41.0 71.2 –5.9 9.11970 ............. 558.3 47.5 510.8 376.5 54.2 80.1 16.6 3.3 60.2 27.3 32.9 58.5 –6.6 8.31971 ............. 603.0 52.0 551.1 399.4 59.5 92.1 17.6 3.7 70.8 30.0 40.8 67.4 –4.6 8.01972 ............. 669.4 56.5 613.0 443.9 63.7 105.4 18.6 4.0 82.8 33.8 49.0 79.5 –6.6 9.91973 ............. 750.8 63.1 687.6 502.2 70.1 115.4 21.8 4.7 88.9 40.4 48.5 99.5 –19.6 9.01974 ............. 809.8 74.2 735.7 552.2 74.4 109.1 27.5 4.1 77.5 42.8 34.6 110.2 –38.2 5.51975 ............. 876.7 88.6 788.0 575.5 80.2 132.4 28.4 5.0 98.9 41.9 57.0 110.7 –10.5 –1.21976 ............. 989.7 97.8 892.0 651.4 86.7 153.9 26.0 7.0 121.0 53.5 67.5 138.2 –14.1 –3.21977 ............. 1,119.4 110.1 1,009.2 735.3 94.6 179.3 28.5 9.0 141.9 60.6 81.3 159.5 –15.7 –1.91978 ............. 1,272.7 125.1 1,147.5 845.1 102.7 199.7 33.4 9.5 156.8 67.6 89.2 183.7 –23.7 –3.21979 ............. 1,414.4 144.3 1,270.2 958.4 108.8 203.0 41.8 9.5 151.8 70.6 81.2 197.2 –40.1 –5.31980 ............. 1,534.5 166.7 1,367.8 1,047.2 121.5 199.1 54.2 10.2 134.7 68.2 66.5 184.1 –42.1 –7.21981 ............. 1,742.2 192.4 1,549.8 1,157.6 146.7 245.5 67.2 11.4 166.8 66.0 100.8 185.0 –24.6 6.51982 ............. 1,802.6 212.8 1,589.8 1,200.4 152.9 236.5 77.4 8.8 150.2 48.8 101.5 140.0 –7.5 17.81983 ............. 1,929.1 219.3 1,709.8 1,263.1 168.0 278.7 77.0 10.5 191.2 61.7 129.5 163.4 –7.4 35.21984 ............. 2,161.4 228.8 1,932.6 1,400.0 185.0 347.5 86.0 11.7 249.8 75.9 173.9 197.6 –4.0 56.21985 ............. 2,293.9 244.0 2,049.9 1,496.1 196.6 357.2 91.5 16.1 249.6 71.1 178.6 173.5 .0 76.21986 ............. 2,383.2 258.0 2,125.2 1,575.4 204.6 345.2 98.5 27.3 219.5 76.2 143.2 149.7 7.1 62.71987 ............. 2,551.0 270.0 2,280.9 1,678.4 216.8 385.6 95.9 29.9 259.9 94.2 165.7 213.5 –16.2 62.61988 ............. 2,765.4 287.3 2,478.1 1,804.7 233.8 439.6 107.9 27.4 304.3 104.0 200.3 264.1 –22.2 62.31989 ............. 2,899.2 303.9 2,595.3 1,905.7 248.2 441.5 133.9 24.0 283.5 101.2 182.3 243.1 –16.3 56.71990 ............. 3,035.2 321.0 2,714.2 2,005.5 263.5 445.2 143.1 25.4 276.7 98.5 178.3 243.3 –12.9 46.31991 ............. 3,104.1 336.1 2,768.0 2,044.8 285.7 437.5 139.6 26.6 271.3 88.6 182.7 226.8 4.9 39.61992 ............. 3,241.1 344.1 2,897.0 2,152.9 302.5 441.6 114.2 31.3 296.1 94.4 201.7 258.6 –2.8 40.31993 ............. 3,398.4 359.0 3,039.3 2,244.0 318.0 477.3 99.8 30.1 347.5 108.0 239.5 308.7 –4.0 42.91994 ............. 3,677.6 380.1 3,297.5 2,382.1 347.8 567.5 98.8 35.3 433.5 132.4 301.1 391.9 –12.4 54.01995 ............. 3,888.0 408.3 3,479.7 2,511.5 354.2 614.0 112.7 30.7 470.6 140.3 330.3 431.2 –18.3 57.61996 ............. 4,119.4 435.1 3,684.4 2,631.3 365.6 687.5 112.1 38.0 537.4 152.9 384.5 471.3 3.1 63.01997 ............. 4,412.5 466.9 3,945.6 2,814.6 381.0 750.0 124.7 39.2 586.2 161.4 424.8 506.8 14.1 65.31998 ............. 4,668.3 499.9 4,168.5 3,049.7 393.1 725.7 146.8 35.2 543.7 158.7 385.1 460.5 15.7 67.51999 ............. 4,955.5 539.3 4,416.3 3,256.5 414.6 745.1 164.5 47.1 533.5 171.4 362.1 468.6 –4.0 68.92000 ............. 5,279.4 590.1 4,689.4 3,541.8 439.4 708.2 192.8 47.9 467.5 170.2 297.3 432.5 –16.8 51.82001 ............. 5,252.5 632.0 4,620.5 3,559.4 434.5 626.7 197.7 58.9 370.1 111.2 258.8 315.1 8.0 47.02002 ............. 5,307.7 654.5 4,653.1 3,544.2 461.9 647.1 163.7 56.3 427.2 97.1 330.1 342.3 –2.6 87.52003 ............. 5,503.7 669.0 4,834.7 3,651.3 484.2 699.2 147.9 65.2 486.1 132.9 353.2 425.9 –11.3 71.52004 ............. 5,877.5 695.6 5,181.9 3,786.7 517.7 877.5 134.4 65.5 677.5 187.0 490.6 662.1 –34.3 49.72005 ............. 6,302.8 743.0 5,559.8 3,976.3 558.4 1,025.1 148.2 79.3 797.6 271.9 525.8 957.1 –30.7 –128.82006 ............. 6,740.3 800.9 5,939.4 4,182.3 593.3 1,163.7 164.0 75.8 923.9 307.6 616.2 1,117.9 –38.0 –156.02007 ............. 6,970.1 849.4 6,120.6 4,364.2 612.8 1,143.7 228.1 68.6 846.9 299.3 547.6 1,058.9 –44.0 –167.92008 ............. 6,971.5 898.4 6,073.0 4,427.9 621.0 1,024.1 242.1 70.4 711.6 237.8 473.8 806.7 –38.2 –56.82009 p ........... ............. 901.7 ............. 4,212.3 601.9 ............. ............. 77.7 ............. ............. ............ ............. ............. –113.32006: I ......... 6,629.5 781.1 5,848.5 4,131.8 583.7 1,132.9 152.6 78.4 902.0 294.1 607.8 1,101.8 –33.4 –166.5

II ........ 6,668.1 794.8 5,873.3 4,153.0 591.1 1,129.2 157.8 76.4 894.9 308.8 586.2 1,096.7 –48.4 –153.3III ....... 6,811.8 807.8 6,004.0 4,180.3 596.3 1,227.3 164.8 74.9 987.6 329.3 658.3 1,179.3 –42.3 –149.4IV ....... 6,851.8 820.1 6,031.7 4,264.2 602.0 1,165.5 180.9 73.5 911.1 298.3 612.7 1,093.8 –28.0 –154.8

2007: I ......... 6,909.3 831.6 6,077.7 4,314.0 604.8 1,159.0 201.2 70.3 887.5 313.3 574.1 1,081.2 –42.2 –151.5II ........ 6,988.8 843.4 6,145.4 4,345.1 610.5 1,189.7 223.6 68.4 897.7 305.3 592.4 1,091.2 –29.5 –163.9III ....... 6,949.7 855.3 6,094.4 4,365.4 614.8 1,114.1 236.6 67.5 810.1 284.4 525.7 1,009.6 –25.3 –174.1IV ....... 7,032.6 867.5 6,165.1 4,432.2 620.9 1,112.0 251.2 68.4 792.4 294.2 498.1 1,053.5 –79.0 –182.1

2008: I ......... 6,934.9 879.8 6,055.1 4,429.6 618.5 1,006.9 242.1 68.1 696.7 255.9 440.8 851.6 –107.9 –47.0II ........ 6,974.4 892.2 6,082.2 4,431.6 623.5 1,027.1 246.0 68.3 712.8 263.1 449.7 895.6 –129.6 –53.2III ....... 7,042.4 904.6 6,137.8 4,440.4 627.8 1,069.6 233.3 68.7 767.6 254.5 513.1 882.0 –54.5 –60.0IV ....... 6,934.1 917.1 6,017.0 4,410.1 614.2 992.7 246.8 76.5 669.4 177.7 491.6 597.4 139.2 –67.2

2009: I ......... 6,703.8 916.7 5,787.1 4,238.5 602.7 945.8 237.4 79.2 629.2 197.9 431.3 676.9 81.1 –128.7II ........ 6,671.9 903.0 5,768.9 4,194.4 603.1 971.4 229.2 83.2 659.0 217.0 442.1 755.2 18.1 –114.2III ....... 6,665.2 894.0 5,771.2 4,198.3 593.9 979.0 219.2 73.1 686.6 227.0 459.6 809.4 –17.1 –105.7IV p .... ............. 893.2 ............. 4,218.0 607.8 ............. ............. 75.3 ............. ............. ............ ............. ............. –104.5

1 Estimates for nonfinancial corporate business for 2000 and earlier periods are based on the Standard Industrial Classification (SIC); later estimates arebased on the North American Industry Classification System (NAICS).

2 With inventory valuation and capital consumption adjustments.Source: Department of Commerce (Bureau of Economic Analysis).

National Income or Expenditure | 349

Table B–15. Gross value added and price, costs, and profits of nonfinancial corporatebusiness, 1960–2009

[Quarterly data at seasonally adjusted annual rates]

Year or quarter

Gross value added ofnonfinancial corporate

business (billionsof dollars) 1

Price per unit of real gross value added of nonfinancial corporate business (dollars) 1, 2

Total

Com-pensation

ofemploy-

ees(unitlaborcost)

Unit nonlabor costCorporate profits with inventory

valuation and capital consumptionadjustments 4

Currentdollars

Chained(2005)dollars

Total

Con-sumption

offixed

capital

Taxes onproduction

andimports 3

Net inter-est andmiscel-laneous

payments

TotalTaxes oncorporateincome

Profitsaftertax 5

1960 ...................... 276.4 1,075.0 0.257 0.168 0.050 0.021 0.026 0.003 0.039 0.018 0.0211961 ...................... 283.7 1,099.2 .258 .168 .052 .022 .027 .003 .039 .018 .0211962 ...................... 309.8 1,193.2 .260 .167 .051 .021 .026 .004 .042 .017 .0251963 ...................... 329.9 1,264.9 .261 .166 .050 .020 .026 .004 .044 .018 .0261964 ...................... 356.1 1,354.2 .263 .167 .050 .020 .026 .004 .046 .018 .0281965 ...................... 391.2 1,466.7 .267 .167 .050 .020 .026 .004 .050 .019 .0311966 ...................... 429.0 1,571.9 .273 .174 .049 .020 .025 .004 .049 .019 .0311967 ...................... 451.2 1,614.3 .279 .180 .053 .022 .026 .005 .046 .017 .0291968 ...................... 497.8 1,719.0 .290 .187 .057 .023 .028 .006 .046 .020 .0261969 ...................... 540.5 1,788.5 .302 .200 .061 .024 .030 .007 .042 .019 .0231970 ...................... 558.3 1,774.1 .315 .212 .068 .027 .032 .009 .034 .015 .0191971 ...................... 603.0 1,847.3 .326 .216 .072 .028 .034 .010 .038 .016 .0221972 ...................... 669.4 1,988.5 .337 .223 .071 .028 .034 .009 .042 .017 .0251973 ...................... 750.8 2,111.0 .356 .238 .075 .030 .035 .010 .042 .019 .0231974 ...................... 809.8 2,077.6 .390 .266 .087 .036 .038 .013 .037 .021 .0171975 ...................... 876.7 2,047.1 .428 .281 .099 .043 .042 .014 .048 .020 .0281976 ...................... 989.7 2,214.4 .447 .294 .098 .044 .042 .012 .055 .024 .0301977 ...................... 1,119.4 2,378.5 .471 .309 .102 .046 .044 .012 .060 .025 .0341978 ...................... 1,272.7 2,534.0 .502 .334 .106 .049 .044 .013 .062 .027 .0351979 ...................... 1,414.4 2,612.4 .541 .367 .116 .055 .045 .016 .058 .027 .0311980 ...................... 1,534.5 2,584.7 .594 .405 .136 .064 .051 .021 .052 .026 .0261981 ...................... 1,742.2 2,687.9 .648 .431 .156 .072 .059 .025 .062 .025 .0381982 ...................... 1,802.6 2,622.6 .687 .458 .173 .081 .062 .030 .057 .019 .0391983 ...................... 1,929.1 2,746.2 .702 .460 .173 .080 .065 .028 .070 .022 .0471984 ...................... 2,161.4 2,989.4 .723 .468 .172 .077 .066 .029 .084 .025 .0581985 ...................... 2,293.9 3,120.3 .735 .479 .175 .078 .068 .029 .080 .023 .0571986 ...................... 2,383.2 3,197.9 .745 .493 .185 .081 .073 .031 .069 .024 .0451987 ...................... 2,551.0 3,364.7 .758 .499 .181 .080 .073 .028 .077 .028 .0491988 ...................... 2,765.4 3,560.4 .777 .507 .184 .081 .073 .030 .085 .029 .0561989 ...................... 2,899.2 3,618.2 .801 .527 .196 .084 .075 .037 .078 .028 .0501990 ...................... 3,035.2 3,672.6 .826 .546 .205 .087 .079 .039 .075 .027 .0491991 ...................... 3,104.1 3,655.5 .849 .559 .215 .092 .085 .038 .074 .024 .0501992 ...................... 3,241.1 3,768.0 .860 .571 .210 .091 .089 .030 .079 .025 .0541993 ...................... 3,398.4 3,866.5 .879 .580 .209 .093 .090 .026 .090 .028 .0621994 ...................... 3,677.6 4,115.3 .894 .579 .209 .092 .093 .024 .105 .032 .0731995 ...................... 3,888.0 4,309.4 .902 .583 .210 .095 .089 .026 .109 .033 .0771996 ...................... 4,119.4 4,548.0 .906 .579 .210 .096 .089 .025 .118 .034 .0851997 ...................... 4,412.5 4,843.8 .911 .581 .209 .096 .087 .026 .121 .033 .0881998 ...................... 4,668.3 5,123.5 .911 .595 .211 .098 .084 .029 .106 .031 .0751999 ...................... 4,955.5 5,422.5 .914 .601 .214 .099 .085 .030 .098 .032 .0672000 ...................... 5,279.4 5,707.9 .925 .621 .222 .103 .085 .034 .082 .030 .0522001 ...................... 5,252.5 5,604.6 .937 .635 .236 .113 .088 .035 .066 .020 .0462002 ...................... 5,307.7 5,629.3 .943 .630 .237 .116 .092 .029 .076 .017 .0592003 ...................... 5,503.7 5,767.4 .954 .633 .237 .116 .095 .026 .084 .023 .0612004 ...................... 5,877.5 6,040.4 .973 .627 .234 .115 .097 .022 .112 .031 .0812005 ...................... 6,302.8 6,302.8 1.000 .631 .243 .118 .101 .024 .127 .043 .0832006 ...................... 6,740.3 6,536.5 1.031 .640 .250 .123 .102 .025 .141 .047 .0942007 ...................... 6,970.1 6,649.4 1.048 .656 .264 .128 .102 .034 .127 .045 .0822008 ...................... 6,971.5 6,675.5 1.044 .663 .275 .135 .104 .036 .107 .036 .0712006: I .................. 6,629.5 6,505.1 1.019 .635 .245 .120 .102 .023 .139 .045 .093

II ................. 6,668.1 6,480.0 1.029 .641 .250 .123 .103 .024 .138 .048 .090III ................ 6,811.8 6,567.2 1.037 .637 .250 .123 .102 .025 .150 .050 .100IV ................ 6,851.8 6,593.8 1.039 .647 .253 .124 .102 .027 .138 .045 .093

2007: I .................. 6,909.3 6,597.4 1.047 .654 .258 .126 .102 .030 .135 .047 .087II ................. 6,988.8 6,649.8 1.051 .653 .263 .127 .102 .034 .135 .046 .089III ................ 6,949.7 6,624.9 1.049 .659 .268 .129 .103 .036 .122 .043 .079IV ................ 7,032.6 6,725.5 1.046 .659 .268 .129 .102 .037 .118 .044 .074

2008: I .................. 6,934.9 6,664.3 1.041 .665 .271 .132 .103 .036 .105 .038 .066II ................. 6,974.4 6,735.8 1.035 .658 .272 .132 .103 .037 .106 .039 .067III ................ 7,042.4 6,722.6 1.048 .661 .274 .135 .104 .035 .114 .038 .076IV ................ 6,934.1 6,579.3 1.054 .670 .282 .139 .105 .038 .102 .027 .075

2009: I .................. 6,703.8 6,278.8 1.068 .675 .293 .146 .109 .038 .100 .032 .069II ................. 6,671.9 6,269.8 1.064 .669 .290 .144 .109 .037 .105 .035 .071III ................ 6,665.2 6,291.5 1.059 .667 .283 .142 .106 .035 .109 .036 .073

1 Estimates for nonfinancial corporate business for 2000 and earlier periods are based on the Standard Industrial Classification (SIC); later estimates arebased on the North American Industry Classification System (NAICS).

2 The implicit price deflator for gross value added of nonfinancial corporate business divided by 100.3 Less subsidies plus business current transfer payments.4 Unit profits from current production.5 With inventory valuation and capital consumption adjustments.Source: Department of Commerce (Bureau of Economic Analysis).

350 | Appendix B

Table B–16. Personal consumption expenditures, 1960–2009[Billions of dollars; quarterly data at seasonally adjusted annual rates]

Year orquarter

Personalcon-

sump-tion

expendi-tures

Goods ServicesAdden-dum:

Personalcon-

sump-tion

expendi-tures

exclud-ing

foodand

energy 2

Total

Durable Nondurable

Total

Household consumptionexpenditures

Total 1Motor

vehiclesand

partsTotal 1

Food andbever-agespur-

chasedfor off-

premisesconsump-

tion

Gasolineand

otherenergygoods

Total 1Housing

andutilities

Healthcare

Financialservices

andinsur-ance

1960 .............. 331.8 177.0 45.6 19.6 131.4 62.6 15.8 154.8 149.5 56.7 16.0 13.6 245.11961 .............. 342.2 178.8 44.2 17.7 134.6 63.7 15.7 163.4 157.9 60.3 17.1 14.8 253.81962 .............. 363.3 189.0 49.5 21.4 139.5 64.7 16.3 174.4 168.7 64.5 19.1 15.4 272.91963 .............. 382.7 198.2 54.2 24.2 143.9 65.9 16.9 184.6 178.6 68.2 21.0 15.9 290.01964 .............. 411.5 212.3 59.6 25.8 152.7 69.5 17.7 199.2 192.5 72.1 24.2 17.7 313.81965 .............. 443.8 229.7 66.4 29.6 163.3 74.4 19.1 214.1 206.9 76.6 26.0 19.4 339.31966 .............. 480.9 249.6 71.7 29.9 177.9 80.6 20.7 231.3 223.5 81.2 28.7 21.3 368.11967 .............. 507.8 259.0 74.0 29.6 185.0 82.6 21.9 248.8 240.4 86.3 31.9 22.8 391.11968 .............. 558.0 284.6 84.8 35.4 199.8 88.8 23.2 273.4 264.0 92.7 36.6 25.8 432.91969 .............. 605.1 304.7 90.5 37.4 214.2 95.4 25.0 300.4 290.4 101.0 42.1 28.5 470.81970 .............. 648.3 318.8 90.0 34.5 228.8 103.5 26.3 329.5 318.4 109.4 47.7 31.1 503.31971 .............. 701.6 342.1 102.4 43.2 239.7 107.1 27.6 359.5 347.2 120.0 53.7 34.1 550.11972 .............. 770.2 373.8 116.4 49.4 257.4 114.5 29.4 396.4 382.8 131.2 59.8 38.3 607.91973 .............. 852.0 416.6 130.5 54.4 286.1 126.7 34.3 435.4 420.7 143.5 67.2 41.5 670.91974 .............. 932.9 451.5 130.2 48.2 321.4 143.0 43.8 481.4 465.0 158.6 76.1 45.9 722.41975 .............. 1,033.8 491.3 142.2 52.6 349.2 156.6 48.0 542.5 524.4 176.5 89.0 54.0 800.61976 .............. 1,151.3 546.3 168.6 68.2 377.7 167.3 53.0 604.9 584.9 194.7 101.8 59.3 898.31977 .............. 1,277.8 600.4 192.0 79.8 408.4 179.8 57.8 677.4 655.6 217.8 115.7 67.8 1,002.51978 .............. 1,427.6 663.6 213.3 89.2 450.2 196.1 61.5 764.1 739.6 244.3 131.2 80.6 1,127.81979 .............. 1,591.2 737.9 226.3 90.2 511.6 218.4 80.4 853.2 825.4 273.4 148.8 87.6 1,245.41980 .............. 1,755.8 799.8 226.4 84.4 573.4 239.2 101.9 956.0 924.1 311.8 171.7 95.6 1,358.31981 .............. 1,939.5 869.4 243.9 93.0 625.4 255.3 113.4 1,070.1 1,033.9 352.0 201.9 102.0 1,507.11982 .............. 2,075.5 899.3 253.0 100.0 646.3 267.1 108.4 1,176.2 1,136.1 387.0 225.2 116.3 1,627.21983 .............. 2,288.6 973.8 295.0 122.9 678.8 277.0 106.5 1,314.8 1,271.9 421.2 253.1 145.9 1,824.21984 .............. 2,501.1 1,063.7 342.2 147.2 721.5 291.1 108.2 1,437.4 1,389.8 458.3 276.5 156.6 2,016.91985 .............. 2,717.6 1,137.6 380.4 170.1 757.2 303.0 110.5 1,580.0 1,529.7 500.7 302.2 180.5 2,215.11986 .............. 2,896.7 1,195.6 421.4 187.5 774.2 316.4 91.2 1,701.1 1,645.8 535.7 330.2 196.7 2,401.81987 .............. 3,097.0 1,256.3 442.0 188.2 814.3 324.3 96.4 1,840.7 1,782.1 571.8 366.0 207.1 2,587.31988 .............. 3,350.1 1,337.3 475.1 202.2 862.3 342.8 99.9 2,012.7 1,946.0 614.5 410.1 219.4 2,813.21989 .............. 3,594.5 1,423.8 494.3 207.8 929.5 365.4 110.4 2,170.7 2,099.0 655.6 451.2 235.7 3,019.81990 .............. 3,835.5 1,491.3 497.1 205.1 994.2 391.2 124.2 2,344.2 2,264.5 696.4 506.2 253.2 3,221.31991 .............. 3,980.1 1,497.4 477.2 185.7 1,020.3 403.0 121.1 2,482.6 2,398.4 735.5 555.8 282.0 3,351.11992 .............. 4,236.9 1,563.3 508.1 204.8 1,055.2 404.5 125.0 2,673.6 2,581.3 771.2 612.8 311.8 3,601.11993 .............. 4,483.6 1,642.3 551.5 224.7 1,090.8 413.5 126.9 2,841.2 2,746.6 814.5 648.8 341.0 3,828.21994 .............. 4,750.8 1,746.6 607.2 249.8 1,139.4 432.1 129.2 3,004.3 2,901.9 866.5 680.5 349.0 4,072.31995 .............. 4,987.3 1,815.5 635.7 255.7 1,179.8 443.7 133.4 3,171.7 3,064.6 913.8 719.9 364.7 4,291.91996 .............. 5,273.6 1,917.7 676.3 273.5 1,241.4 461.9 144.7 3,355.9 3,240.2 961.2 752.1 393.6 4,542.01997 .............. 5,570.6 2,006.8 715.5 293.1 1,291.2 474.8 147.7 3,563.9 3,451.6 1,009.9 790.9 431.3 4,821.61998 .............. 5,918.5 2,110.0 780.0 320.2 1,330.0 486.5 133.4 3,808.5 3,677.5 1,065.2 832.0 469.6 5,173.51999 .............. 6,342.8 2,290.0 857.4 350.7 1,432.6 513.6 148.8 4,052.8 3,907.4 1,125.0 863.6 514.2 5,554.62000 .............. 6,830.4 2,459.1 915.8 363.2 1,543.4 537.5 188.8 4,371.2 4,205.9 1,198.6 918.4 570.0 5,966.42001 .............. 7,148.8 2,534.0 946.3 383.3 1,587.7 559.7 183.6 4,614.8 4,428.6 1,287.7 996.6 562.8 6,255.92002 .............. 7,439.2 2,610.0 992.1 401.3 1,617.9 569.6 174.6 4,829.2 4,624.2 1,334.8 1,082.9 576.2 6,549.42003 .............. 7,804.0 2,727.4 1,014.8 401.5 1,712.6 593.1 209.6 5,076.6 4,864.8 1,393.8 1,149.3 601.8 6,840.92004 .............. 8,285.1 2,892.3 1,061.6 404.7 1,830.7 628.2 249.9 5,392.8 5,182.8 1,462.2 1,229.7 667.5 7,238.82005 .............. 8,819.0 3,073.9 1,105.5 409.6 1,968.4 665.0 304.8 5,745.1 5,531.0 1,582.8 1,316.0 712.6 7,658.82006 .............. 9,322.7 3,221.7 1,133.0 397.1 2,088.7 698.0 336.9 6,100.9 5,860.6 1,686.0 1,380.7 752.4 8,086.92007 .............. 9,826.4 3,365.0 1,160.5 400.3 2,204.5 740.1 368.0 6,461.4 6,207.9 1,763.1 1,469.6 824.2 8,508.22008 .............. 10,129.9 3,403.2 1,095.2 342.3 2,308.0 784.3 413.0 6,726.8 6,448.0 1,843.7 1,554.2 835.6 8,709.12009 p ............ 10,092.6 3,257.6 1,034.4 312.6 2,223.3 790.1 307.4 6,835.0 6,569.7 1,878.3 1,626.0 828.5 8,782.22006: I .......... 9,148.2 3,180.8 1,132.5 395.5 2,048.3 684.9 324.5 5,967.4 5,740.2 1,645.8 1,360.6 733.4 7,941.2

II ......... 9,266.6 3,206.5 1,125.1 394.5 2,081.4 692.3 343.3 6,060.1 5,822.9 1,677.0 1,374.4 745.0 8,029.5III ........ 9,391.8 3,250.5 1,132.4 400.4 2,118.1 699.8 363.3 6,141.3 5,893.1 1,705.7 1,383.6 753.0 8,122.1IV ........ 9,484.1 3,249.1 1,142.2 398.1 2,106.9 714.8 316.7 6,235.0 5,986.2 1,715.3 1,404.4 778.1 8,254.8

2007: I .......... 9,658.5 3,306.3 1,153.0 399.6 2,153.3 727.1 335.2 6,352.2 6,103.7 1,741.4 1,442.9 799.3 8,386.4II ......... 9,762.5 3,338.2 1,154.9 401.3 2,183.3 732.1 362.4 6,424.3 6,179.5 1,755.8 1,458.4 819.5 8,456.4III ........ 9,865.6 3,366.6 1,161.4 398.3 2,205.2 742.7 365.4 6,499.0 6,242.8 1,770.4 1,475.2 835.3 8,545.7IV ........ 10,019.2 3,448.9 1,172.7 401.9 2,276.2 758.4 408.8 6,570.3 6,305.8 1,784.8 1,501.7 842.8 8,644.3

2008: I .......... 10,095.1 3,447.2 1,145.8 382.7 2,301.4 770.1 427.8 6,647.9 6,377.5 1,811.9 1,531.6 839.6 8,681.9II ......... 10,194.7 3,474.9 1,126.5 357.5 2,348.4 786.3 441.9 6,719.8 6,446.1 1,838.6 1,551.0 842.1 8,741.1III ........ 10,220.1 3,463.0 1,088.5 332.7 2,374.5 793.4 461.4 6,757.1 6,474.5 1,852.2 1,559.3 837.3 8,741.8IV ........ 10,009.8 3,227.5 1,019.9 296.4 2,207.6 787.5 321.2 6,782.3 6,494.1 1,872.1 1,574.9 823.5 8,671.4

2009: I .......... 9,987.7 3,197.7 1,025.2 300.6 2,172.4 786.5 271.0 6,790.0 6,522.0 1,878.8 1,598.0 816.7 8,705.8II ......... 9,999.3 3,193.8 1,011.5 299.5 2,182.2 786.3 279.4 6,805.6 6,545.9 1,871.1 1,622.6 824.9 8,727.9III ........ 10,132.9 3,292.3 1,051.3 331.7 2,241.0 789.4 324.4 6,840.6 6,575.7 1,872.5 1,633.0 832.4 8,816.6IV p ..... 10,250.5 3,346.8 1,049.3 318.5 2,297.5 798.0 354.9 6,903.7 6,635.3 1,890.6 1,650.3 839.8 8,878.3

1 Includes other items not shown separately.2 Food consists of food and beverages purchased for off-premises consumption; food services, which include purchased meals and beverages, are not

classified as food.Source: Department of Commerce (Bureau of Economic Analysis).

National Income or Expenditure | 351

Table B–17. Real personal consumption expenditures, 1995–2009[Billions of chained (2005) dollars; quarterly data at seasonally adjusted annual rates]

Year orquarter

Personalcon-

sump-tion

expendi-tures

Goods ServicesAdden-dum:

Personalcon-

sump-tion

expendi-tures

exclud-ing

foodand

energy 2

Total

Durable Nondurable

Total

Household consumptionexpenditures

Total 1Motor

vehiclesand

partsTotal 1

Food andbever-agespur-

chasedfor off-

premisesconsump-

tion

Gasolineand

otherenergygoods

Total 1Housing

andutilities

Healthcare

Financialservices

andinsur-ance

1995 .............. 6,079.0 1,898.6 511.6 255.6 1,437.8 548.5 264.3 4,208.2 4,068.6 1,234.9 947.5 489.4 5,126.41996 .............. 6,291.2 1,983.6 549.8 268.0 1,479.4 554.0 268.5 4,331.4 4,183.3 1,261.7 967.1 507.8 5,321.91997 .............. 6,523.4 2,078.2 594.7 286.1 1,522.9 558.9 273.9 4,465.0 4,327.2 1,290.4 997.1 525.2 5,543.31998 .............. 6,865.5 2,218.6 667.2 316.1 1,580.3 565.5 283.8 4,661.8 4,510.6 1,329.8 1,029.5 558.6 5,862.91999 .............. 7,240.9 2,395.3 753.8 345.1 1,660.9 587.4 292.5 4,852.8 4,690.4 1,371.8 1,045.6 605.6 6,202.52000 .............. 7,608.1 2,521.7 819.9 356.1 1,714.7 600.6 287.1 5,093.3 4,917.8 1,413.7 1,081.5 665.4 6,548.62001 .............. 7,813.9 2,600.9 864.4 374.3 1,745.6 607.6 289.2 5,218.7 5,028.8 1,451.5 1,135.4 660.7 6,745.72002 .............. 8,021.9 2,706.6 930.0 394.0 1,780.2 609.0 294.0 5,318.1 5,109.3 1,462.0 1,202.3 658.3 6,941.92003 .............. 8,247.6 2,829.9 986.1 405.3 1,845.6 622.4 302.2 5,418.4 5,199.0 1,480.2 1,229.4 657.8 7,142.02004 .............. 8,532.7 2,955.3 1,051.0 411.3 1,904.6 639.2 306.5 5,577.6 5,359.3 1,512.8 1,268.6 691.8 7,402.62005 .............. 8,819.0 3,073.9 1,105.5 409.6 1,968.4 665.0 304.8 5,745.1 5,531.0 1,582.8 1,316.0 712.6 7,658.82006 .............. 9,073.5 3,173.9 1,150.4 396.6 2,023.6 686.2 298.4 5,899.7 5,664.4 1,616.7 1,340.0 735.4 7,905.72007 .............. 9,313.9 3,273.7 1,199.9 402.4 2,074.8 700.7 300.7 6,040.8 5,796.1 1,631.8 1,375.5 772.3 8,126.32008 .............. 9,290.9 3,206.0 1,146.3 347.5 2,057.3 700.7 287.4 6,083.1 5,817.6 1,647.2 1,416.4 759.8 8,123.62009 p ............ 9,237.3 3,143.7 1,100.5 316.8 2,037.3 697.1 292.7 6,090.5 5,833.9 1,657.6 1,446.2 758.7 8,069.32006: I .......... 8,986.6 3,145.7 1,142.3 393.3 2,003.7 676.7 296.4 5,841.0 5,618.2 1,598.9 1,337.3 726.0 7,837.8

II ......... 9,035.0 3,150.8 1,139.4 393.2 2,011.6 684.2 297.2 5,884.2 5,652.1 1,617.8 1,339.2 731.3 7,868.0III ........ 9,090.7 3,176.4 1,152.1 400.3 2,024.5 686.6 300.0 5,914.3 5,671.4 1,627.6 1,335.8 735.6 7,914.3IV ........ 9,181.6 3,222.5 1,167.9 399.7 2,054.7 697.5 299.9 5,959.4 5,716.0 1,622.5 1,347.7 748.8 8,002.8

2007: I .......... 9,265.1 3,253.9 1,183.7 402.4 2,070.3 700.8 301.5 6,011.7 5,770.8 1,629.3 1,365.1 762.8 8,074.9II ......... 9,291.5 3,255.4 1,189.9 404.1 2,066.1 696.2 301.3 6,036.2 5,799.2 1,630.1 1,371.7 776.7 8,106.7III ........ 9,335.6 3,280.6 1,205.0 400.5 2,076.8 699.2 301.5 6,055.5 5,809.8 1,634.6 1,377.6 779.1 8,146.4IV ........ 9,363.6 3,304.8 1,221.2 402.6 2,086.0 706.6 298.5 6,059.7 5,804.8 1,633.1 1,387.6 770.5 8,177.1

2008: I .......... 9,349.6 3,262.1 1,193.2 384.4 2,070.1 708.0 292.6 6,087.1 5,827.3 1,643.8 1,409.0 766.1 8,164.7II ......... 9,351.0 3,257.8 1,175.7 361.4 2,081.4 708.9 289.9 6,092.5 5,831.2 1,647.3 1,418.2 763.8 8,170.8III ........ 9,267.7 3,193.6 1,139.6 337.8 2,051.5 699.6 280.1 6,072.4 5,805.2 1,641.6 1,416.1 758.5 8,120.1IV ........ 9,195.3 3,110.4 1,076.8 306.2 2,026.1 686.4 287.2 6,080.4 5,806.6 1,656.3 1,422.4 750.6 8,038.7

2009: I .......... 9,209.2 3,129.8 1,087.2 311.2 2,035.5 687.4 293.2 6,076.0 5,817.2 1,656.9 1,434.3 751.4 8,047.7II ......... 9,189.0 3,105.4 1,071.7 306.2 2,025.7 693.5 294.0 6,078.8 5,826.7 1,651.8 1,448.2 756.1 8,028.2III ........ 9,252.6 3,159.6 1,122.7 335.2 2,033.3 700.1 292.7 6,090.6 5,834.3 1,654.0 1,448.6 761.8 8,086.3IV p ..... 9,298.5 3,180.0 1,120.3 314.7 2,054.6 707.3 290.7 6,116.4 5,857.2 1,667.8 1,453.7 765.5 8,115.1

1 Includes other items not shown separately.2 Food consists of food and beverages purchased for off-premises consumption; food services, which include purchased meals and beverages, are not

classified as food.Note: See Table B–2 for data for total personal consumption expenditures for 1960–94.Source: Department of Commerce (Bureau of Economic Analysis).

352 | Appendix B

Table B–18. Private fixed investment by type, 1960–2009[Billions of dollars; quarterly data at seasonally adjusted annual rates]

Year or quarterPrivatefixed

invest-ment

Nonresidential Residential

Totalnon-resi-den-tial

Struc-tures

Equipment and software

Totalresi-den-tial 1

Structures

Total

Information processing equipmentand software

Indus-trial

equip-ment

Trans-por-

tationequip-ment

Otherequip-ment

Total 1 Singlefamily

Total

Com-puters

andperiph-

eralequip-ment

Soft-ware Other

1960 ...................... 75.7 49.4 19.6 29.8 4.9 0.2 0.1 4.6 9.4 8.5 7.1 26.3 25.8 14.91961 ...................... 75.2 48.8 19.7 29.1 5.3 .3 .2 4.8 8.8 8.0 7.0 26.4 25.9 14.11962 ...................... 82.0 53.1 20.8 32.3 5.7 .3 .2 5.1 9.3 9.8 7.5 29.0 28.4 15.11963 ...................... 88.1 56.0 21.2 34.8 6.5 .7 .4 5.4 10.0 9.4 8.8 32.1 31.5 16.01964 ...................... 97.2 63.0 23.7 39.2 7.4 .9 .5 5.9 11.4 10.6 9.9 34.3 33.6 17.61965 ...................... 109.0 74.8 28.3 46.5 8.5 1.2 .7 6.7 13.7 13.2 11.0 34.2 33.5 17.81966 ...................... 117.7 85.4 31.3 54.0 10.7 1.7 1.0 8.0 16.2 14.5 12.7 32.3 31.6 16.61967 ...................... 118.7 86.4 31.5 54.9 11.3 1.9 1.2 8.2 16.9 14.3 12.4 32.4 31.6 16.81968 ...................... 132.1 93.4 33.6 59.9 11.9 1.9 1.3 8.7 17.3 17.6 13.0 38.7 37.9 19.51969 ...................... 147.3 104.7 37.7 67.0 14.6 2.4 1.8 10.4 19.1 18.9 14.4 42.6 41.6 19.71970 ...................... 150.4 109.0 40.3 68.7 16.6 2.7 2.3 11.6 20.3 16.2 15.6 41.4 40.2 17.51971 ...................... 169.9 114.1 42.7 71.5 17.3 2.8 2.4 12.2 19.5 18.4 16.3 55.8 54.5 25.81972 ...................... 198.5 128.8 47.2 81.7 19.5 3.5 2.8 13.2 21.4 21.8 19.0 69.7 68.1 32.81973 ...................... 228.6 153.3 55.0 98.3 23.1 3.5 3.2 16.3 26.0 26.6 22.6 75.3 73.6 35.21974 ...................... 235.4 169.5 61.2 108.2 27.0 3.9 3.9 19.2 30.7 26.3 24.3 66.0 64.1 29.71975 ...................... 236.5 173.7 61.4 112.4 28.5 3.6 4.8 20.2 31.3 25.2 27.4 62.7 60.8 29.61976 ...................... 274.8 192.4 65.9 126.4 32.7 4.4 5.2 23.1 34.1 30.0 29.6 82.5 80.4 43.91977 ...................... 339.0 228.7 74.6 154.1 39.2 5.7 5.5 28.0 39.4 39.3 36.3 110.3 107.9 62.21978 ...................... 412.2 280.6 93.6 187.0 48.7 7.6 6.3 34.8 47.7 47.3 43.2 131.6 128.9 72.81979 ...................... 474.9 333.9 117.7 216.2 58.5 10.2 8.1 40.2 56.2 53.6 47.9 141.0 137.8 72.31980 ...................... 485.6 362.4 136.2 226.2 68.8 12.5 9.8 46.4 60.7 48.4 48.3 123.2 119.8 52.91981 ...................... 542.6 420.0 167.3 252.7 81.5 17.1 11.8 52.5 65.5 50.6 55.2 122.6 118.9 52.01982 ...................... 532.1 426.5 177.6 248.9 88.3 18.9 14.0 55.3 62.7 46.8 51.2 105.7 102.0 41.51983 ...................... 570.1 417.2 154.3 262.9 100.1 23.9 16.4 59.8 58.9 53.5 50.4 152.9 148.6 72.51984 ...................... 670.2 489.6 177.4 312.2 121.5 31.6 20.4 69.6 68.1 64.4 58.1 180.6 175.9 86.41985 ...................... 714.4 526.2 194.5 331.7 130.3 33.7 23.8 72.9 72.5 69.0 59.9 188.2 183.1 87.41986 ...................... 739.9 519.8 176.5 343.3 136.8 33.4 25.6 77.7 75.4 70.5 60.7 220.1 214.6 104.11987 ...................... 757.8 524.1 174.2 349.9 141.2 35.8 29.0 76.4 76.7 68.1 63.9 233.7 227.9 117.21988 ...................... 803.1 563.8 182.8 381.0 154.9 38.0 34.2 82.8 84.2 72.9 69.0 239.3 233.2 120.11989 ...................... 847.3 607.7 193.7 414.0 172.6 43.1 41.9 87.6 93.3 67.9 80.2 239.5 233.4 120.91990 ...................... 846.4 622.4 202.9 419.5 177.2 38.6 47.6 90.9 92.1 70.0 80.2 224.0 218.0 112.91991 ...................... 803.3 598.2 183.6 414.6 182.9 37.7 53.7 91.5 89.3 71.5 70.8 205.1 199.4 99.41992 ...................... 848.5 612.1 172.6 439.6 199.9 44.0 57.9 98.1 93.0 74.7 72.0 236.3 230.4 122.01993 ...................... 932.5 666.6 177.2 489.4 217.6 47.9 64.3 105.4 102.2 89.4 80.2 266.0 259.9 140.11994 ...................... 1,033.5 731.4 186.8 544.6 235.2 52.4 68.3 114.6 113.6 107.7 88.1 302.1 295.9 162.31995 ...................... 1,112.9 810.0 207.3 602.8 263.0 66.1 74.6 122.3 129.0 116.1 94.7 302.9 296.5 153.51996 ...................... 1,209.4 875.4 224.6 650.8 290.1 72.8 85.5 131.9 136.5 123.2 101.0 334.1 327.7 170.81997 ...................... 1,317.7 968.6 250.3 718.3 330.3 81.4 107.5 141.4 140.4 135.5 112.1 349.1 342.8 175.21998 ...................... 1,447.1 1,061.1 275.1 786.0 366.1 87.9 126.0 152.2 147.4 147.1 125.4 385.9 379.2 199.41999 ...................... 1,580.7 1,154.9 283.9 871.0 417.1 97.2 157.3 162.5 149.1 174.4 130.4 425.8 418.5 223.82000 ...................... 1,717.7 1,268.7 318.1 950.5 478.2 103.2 184.5 190.6 162.9 170.8 138.6 449.0 441.2 236.82001 ...................... 1,700.2 1,227.8 329.7 898.1 452.5 87.6 186.6 178.4 151.9 154.2 139.5 472.4 464.4 249.12002 ...................... 1,634.9 1,125.4 282.8 842.7 419.8 79.7 183.0 157.0 141.7 141.6 139.6 509.5 501.3 265.92003 ...................... 1,713.3 1,135.7 281.9 853.8 430.9 77.6 191.3 162.0 142.6 132.9 147.5 577.6 569.1 310.62004 ...................... 1,903.6 1,223.0 306.7 916.4 455.3 80.2 205.7 169.4 142.0 161.1 157.9 680.6 671.4 377.62005 ...................... 2,122.3 1,347.3 351.8 995.6 475.3 78.9 218.0 178.4 159.6 181.7 178.9 775.0 765.2 433.52006 ...................... 2,267.2 1,505.3 433.7 1,071.7 505.2 84.9 229.8 190.6 178.4 198.2 189.8 761.9 751.6 416.02007 ...................... 2,269.1 1,640.2 535.4 1,104.8 537.4 89.2 245.6 202.5 193.2 181.7 192.6 629.0 618.6 305.22008 ...................... 2,170.8 1,693.6 609.5 1,084.1 562.9 86.7 264.1 212.1 193.8 132.3 195.1 477.2 467.2 185.82009 p .................... 1,747.9 1,386.6 480.7 906.0 519.9 74.7 241.8 203.4 150.4 72.4 163.2 361.3 352.0 105.22006: I .................. 2,270.6 1,457.2 396.8 1,060.5 498.7 84.0 223.3 191.4 168.0 203.8 190.0 813.3 803.0 465.6

II ................. 2,279.7 1,495.3 428.6 1,066.7 500.5 84.1 227.5 188.9 180.7 195.5 190.0 784.4 774.2 435.2III ................ 2,264.4 1,522.7 447.6 1,075.1 510.1 86.7 232.1 191.4 181.4 195.3 188.2 741.7 731.4 398.7IV ................ 2,254.2 1,546.1 461.7 1,084.4 511.6 84.8 236.2 190.5 183.7 198.2 191.0 708.1 697.8 364.5

2007: I .................. 2,254.1 1,574.1 489.5 1,084.6 525.1 88.8 238.3 197.9 182.1 192.3 185.2 680.0 669.6 339.8II ................. 2,278.6 1,623.5 519.9 1,103.5 530.1 86.9 242.6 200.6 198.8 183.0 191.6 655.1 644.8 324.0III ................ 2,280.8 1,665.2 556.1 1,109.1 538.4 88.2 246.7 203.6 199.0 176.5 195.2 615.6 605.3 298.0IV ................ 2,263.0 1,697.9 575.9 1,122.0 555.8 93.1 254.8 208.0 192.9 175.1 198.2 565.2 554.8 259.1

2008: I .................. 2,223.0 1,705.0 586.3 1,118.7 566.3 93.7 263.2 209.5 195.3 164.3 192.7 518.1 507.9 220.5II ................. 2,214.0 1,719.7 610.6 1,109.2 576.2 92.9 268.0 215.3 197.3 143.8 192.0 494.2 484.0 197.4III ................ 2,179.7 1,711.0 620.4 1,090.6 568.8 84.3 266.4 218.1 194.8 125.9 201.1 468.6 458.7 176.0IV ................ 2,066.6 1,638.7 620.7 1,018.0 540.2 75.8 258.7 205.6 187.9 95.3 194.7 427.8 418.3 149.1

2009: I .................. 1,817.2 1,442.6 533.1 909.5 508.3 71.1 240.5 196.7 157.8 65.4 178.0 374.6 365.2 111.8II ................. 1,737.7 1,391.8 494.8 897.0 512.2 72.0 240.2 200.1 151.4 70.6 162.7 345.9 336.8 93.1III ................ 1,712.6 1,353.9 457.9 895.9 519.0 72.5 241.4 205.1 146.5 73.2 157.2 358.8 349.6 105.2IV p ............. 1,724.0 1,358.2 436.8 921.5 540.3 83.3 245.1 211.9 145.9 80.5 154.8 365.7 356.5 110.9

1 Includes other items not shown separately.Source: Department of Commerce (Bureau of Economic Analysis).

National Income or Expenditure | 353

Table B–19. Real private fixed investment by type, 1995–2009[Billions of chained (2005) dollars; quarterly data at seasonally adjusted annual rates]

Year or quarterPrivatefixed

invest-ment

Nonresidential Residential

Totalnon-resi-den-tial

Struc-tures

Equipment and software

Totalresi-den-tial 2

Structures

Total

Information processing equipmentand software

Indus-trial

equip-ment

Trans-por-

tationequip-ment

Otherequip-ment

Total 2 Singlefamily

Total

Com-puters

andperiph-

eralequip-ment 1

Soft-ware Other

1995 ...................... 1,235.7 792.2 342.0 493.0 149.5 ............. 66.9 93.7 145.5 131.5 110.6 456.1 450.1 240.21996 ...................... 1,346.5 866.2 361.4 545.4 179.1 ............. 78.5 102.7 150.9 136.8 114.8 492.5 486.8 262.41997 ...................... 1,470.8 970.8 387.9 620.4 220.8 ............. 101.7 111.5 154.1 148.2 125.9 501.8 496.3 261.61998 ...................... 1,630.4 1,087.4 407.7 710.4 271.1 ............. 122.8 125.5 160.8 162.0 138.8 540.4 534.5 290.11999 ...................... 1,782.1 1,200.9 408.2 810.9 332.0 ............. 151.5 139.9 161.8 190.3 142.4 574.2 567.5 311.52000 ...................... 1,913.8 1,318.5 440.0 895.8 391.9 ............. 172.4 168.4 175.8 186.2 150.4 580.0 572.6 315.02001 ...................... 1,877.6 1,281.8 433.3 866.9 390.2 ............. 173.7 163.2 162.8 169.6 149.3 583.3 575.6 315.42002 ...................... 1,798.1 1,180.2 356.6 830.3 379.3 ............. 173.4 148.4 151.9 154.2 148.2 613.8 605.9 327.72003 ...................... 1,856.2 1,191.0 343.0 851.4 405.0 ............. 185.6 156.4 151.6 140.4 155.0 664.3 655.9 362.62004 ...................... 1,992.5 1,263.0 346.7 917.3 443.1 ............. 204.6 168.1 147.4 162.3 164.4 729.5 720.1 406.12005 ...................... 2,122.3 1,347.3 351.8 995.6 475.3 ............. 218.0 178.4 159.6 181.7 178.9 775.0 765.2 433.52006 ...................... 2,171.3 1,453.9 384.0 1,069.6 514.8 ............. 227.1 191.2 172.9 196.5 185.5 718.2 708.1 391.12007 ...................... 2,126.3 1,544.3 441.4 1,097.0 555.7 ............. 241.5 202.3 180.9 177.4 184.1 585.0 575.0 283.92008 ...................... 2,018.4 1,569.7 486.8 1,068.6 588.8 ............. 257.0 211.1 174.7 128.9 180.3 451.1 441.5 179.72009 p .................... 1,646.7 1,289.1 391.0 887.9 553.7 ............. 238.3 202.3 133.9 66.1 144.8 359.1 350.0 108.82006: I .................. 2,200.2 1,424.9 364.8 1,060.7 505.7 ............. 222.4 192.2 165.1 202.6 187.3 775.2 764.9 442.4

II ................. 2,189.9 1,450.3 383.7 1,066.3 508.9 ............. 224.8 189.8 176.2 194.1 187.0 740.1 730.0 409.4III ................ 2,162.2 1,466.0 393.2 1,072.0 520.4 ............. 228.5 191.9 174.7 193.7 183.4 697.4 687.3 374.6IV ................ 2,132.9 1,474.5 394.6 1,079.3 524.1 ............. 232.8 191.0 175.6 195.5 184.3 660.2 650.2 338.0

2007: I .................. 2,118.8 1,489.6 409.2 1,078.1 540.2 ............. 235.0 198.4 172.4 188.2 178.3 631.7 621.6 314.0II ................. 2,137.7 1,530.3 430.7 1,095.2 546.9 ............. 238.9 200.3 186.9 178.1 183.7 610.4 600.4 301.6III ................ 2,135.6 1,565.8 456.8 1,101.3 558.2 ............. 242.6 203.1 185.9 171.8 186.4 572.9 562.9 277.9IV ................ 2,113.0 1,591.3 469.1 1,113.3 577.5 ............. 249.6 207.4 178.6 171.5 188.0 525.0 515.0 242.1

2008: I .................. 2,079.2 1,598.9 476.8 1,111.9 591.7 ............. 257.3 209.2 179.3 161.9 182.3 483.2 473.3 208.6II ................. 2,064.8 1,604.4 493.2 1,097.7 601.3 ............. 260.3 214.2 178.6 141.0 180.9 462.9 453.0 189.1III ................ 2,020.4 1,579.2 493.1 1,071.0 594.5 ............. 258.3 216.7 173.7 121.7 185.4 443.3 433.7 171.8IV ................ 1,909.3 1,496.1 484.0 993.7 567.6 ............. 252.2 204.3 167.2 90.9 172.6 415.0 405.8 149.4

2009: I .................. 1,687.5 1,321.2 419.4 887.5 537.5 ............. 235.5 195.8 140.8 59.8 157.3 367.9 358.9 112.9II ................. 1,631.9 1,288.4 400.0 876.5 544.8 ............. 236.2 199.1 135.2 62.7 144.0 344.4 335.5 96.3III ................ 1,626.7 1,269.0 380.2 879.8 554.9 ............. 239.2 203.9 130.4 66.0 140.1 359.6 350.5 110.4IV p ............. 1,640.6 1,278.1 364.6 907.7 577.6 ............. 242.2 210.5 129.2 76.0 137.9 364.6 355.2 115.5

1 For information on this component, see Survey of Current Business Table 5.3.6, Table 5.3.1 (for growth rates), Table 5.3.2 (for contributions), and Table 5.3.3(for quantity indexes).

2 Includes other items not shown separately.Source: Department of Commerce (Bureau of Economic Analysis).

354 | Appendix B

Table B–20. Government consumption expenditures and gross investment by type,1960–2009

[Billions of dollars; quarterly data at seasonally adjusted annual rates]

Year or quarter

Government consumption expenditures and gross investment

Total

Federal State and local

Total

National defense Nondefense

Total

Con-sump-tion

expen-ditures

Gross investment

Total

Con-sump-tion

expen-ditures

Gross investment

Total

Con-sump-tion

expen-ditures

Gross investment

Struc-tures

Equip-mentandsoft-ware

Struc-tures

Equip-mentandsoft-ware

Struc-tures

Equip-mentandsoft-ware

1960 ...................... 111.5 64.1 53.3 41.0 2.2 10.1 10.7 8.7 1.7 0.3 47.5 33.5 12.7 1.21961 ...................... 119.5 67.9 56.5 42.7 2.4 11.5 11.4 9.0 1.9 .6 51.6 36.6 13.8 1.31962 ...................... 130.1 75.2 61.1 46.6 2.0 12.5 14.1 11.3 2.1 .8 54.9 39.0 14.5 1.31963 ...................... 136.4 76.9 61.0 48.3 1.6 11.0 15.9 12.4 2.3 1.2 59.5 41.9 16.0 1.51964 ...................... 143.2 78.4 60.2 48.8 1.3 10.2 18.2 14.0 2.5 1.6 64.8 45.8 17.2 1.81965 ...................... 151.4 80.4 60.6 50.6 1.1 8.9 19.8 15.1 2.8 1.9 71.0 50.2 19.0 1.91966 ...................... 171.6 92.4 71.7 59.9 1.3 10.5 20.8 15.9 2.8 2.1 79.2 56.1 21.0 2.11967 ...................... 192.5 104.6 83.4 69.9 1.2 12.3 21.2 17.0 2.2 1.9 87.9 62.6 23.0 2.31968 ...................... 209.3 111.3 89.2 77.1 1.2 10.9 22.0 18.2 2.1 1.7 98.0 70.4 25.2 2.41969 ...................... 221.4 113.3 89.5 78.1 1.5 9.9 23.8 20.2 1.9 1.7 108.2 79.8 25.6 2.71970 ...................... 233.7 113.4 87.6 76.5 1.3 9.8 25.8 22.1 2.1 1.7 120.3 91.5 25.8 3.01971 ...................... 246.4 113.6 84.6 77.1 1.8 5.7 29.1 24.9 2.5 1.7 132.8 102.7 27.0 3.11972 ...................... 263.4 119.6 86.9 79.5 1.8 5.7 32.7 28.2 2.7 1.8 143.8 113.2 27.1 3.51973 ...................... 281.7 122.5 88.1 79.4 2.1 6.6 34.3 29.4 3.1 1.8 159.2 126.0 29.1 4.11974 ...................... 317.9 134.5 95.6 84.5 2.2 8.9 39.0 33.4 3.4 2.2 183.4 143.7 34.7 4.91975 ...................... 357.7 149.0 103.9 90.9 2.3 10.7 45.1 38.7 4.1 2.4 208.7 165.1 38.1 5.51976 ...................... 383.0 159.7 111.1 95.8 2.1 13.2 48.6 41.4 4.6 2.7 223.3 179.5 38.1 5.71977 ...................... 414.1 175.4 120.9 104.2 2.4 14.4 54.5 46.5 5.0 3.0 238.7 195.9 36.9 5.91978 ...................... 453.6 190.9 130.5 112.7 2.5 15.3 60.4 50.6 6.1 3.7 262.7 213.2 42.8 6.61979 ...................... 500.7 210.6 145.2 123.8 2.5 18.9 65.4 55.1 6.3 4.0 290.2 233.3 49.0 7.81980 ...................... 566.1 243.7 168.0 143.7 3.2 21.1 75.8 63.8 7.1 4.9 322.4 258.4 55.1 8.91981 ...................... 627.5 280.2 196.2 167.3 3.2 25.7 83.9 71.0 7.7 5.3 347.3 282.3 55.4 9.51982 ...................... 680.4 310.8 225.9 191.1 4.0 30.8 84.9 72.1 6.8 6.0 369.7 304.9 54.2 10.61983 ...................... 733.4 342.9 250.6 208.7 4.8 37.1 92.3 77.7 6.7 7.8 390.5 324.1 54.2 12.21984 ...................... 796.9 374.3 281.5 232.8 4.9 43.8 92.7 77.1 7.0 8.7 422.6 347.7 60.5 14.41985 ...................... 878.9 412.8 311.2 253.7 6.2 51.3 101.6 84.7 7.3 9.6 466.1 381.8 67.6 16.81986 ...................... 949.3 438.4 330.8 267.9 6.8 56.1 107.6 90.1 8.0 9.5 510.9 418.1 74.2 18.61987 ...................... 999.4 459.5 350.0 283.6 7.7 58.8 109.6 90.1 9.0 10.4 539.9 441.4 78.8 19.61988 ...................... 1,038.9 461.6 354.7 293.5 7.4 53.9 106.8 88.3 6.8 11.7 577.3 471.0 84.8 21.51989 ...................... 1,100.6 481.4 362.1 299.4 6.4 56.3 119.3 99.1 6.9 13.4 619.2 504.5 88.7 26.01990 ...................... 1,181.7 507.5 373.9 308.0 6.1 59.8 133.6 111.0 8.0 14.6 674.2 547.0 98.5 28.71991 ...................... 1,236.1 526.6 383.1 319.7 4.6 58.8 143.4 118.6 9.2 15.7 709.5 577.5 103.2 28.91992 ...................... 1,273.5 532.9 376.8 315.2 5.2 56.3 156.1 128.9 10.3 16.9 740.6 606.2 104.2 30.11993 ...................... 1,294.8 525.0 363.0 307.5 5.3 50.1 162.0 133.7 11.2 17.0 769.8 634.2 104.5 31.21994 ...................... 1,329.8 518.6 353.8 300.8 5.8 47.2 164.8 139.9 10.2 14.7 811.2 668.2 108.7 34.31995 ...................... 1,374.0 518.8 348.8 297.0 6.7 45.1 170.0 143.2 10.8 16.0 855.3 701.3 117.3 36.71996 ...................... 1,421.0 527.0 354.8 303.2 6.3 45.4 172.2 143.4 11.3 17.5 894.0 730.2 126.8 36.91997 ...................... 1,474.4 531.0 349.8 304.5 6.1 39.2 181.1 153.0 9.9 18.2 943.5 764.5 139.5 39.41998 ...................... 1,526.1 531.0 346.1 300.3 5.8 39.9 184.9 154.3 10.8 19.9 995.0 808.6 143.6 42.91999 ...................... 1,631.3 554.9 361.1 313.0 5.4 42.8 193.8 160.3 10.7 22.7 1,076.3 870.6 159.7 46.12000 ...................... 1,731.0 576.1 371.0 321.8 5.4 43.8 205.0 174.2 8.3 22.6 1,154.9 930.6 176.0 48.32001 ...................... 1,846.4 611.7 393.0 342.0 5.3 45.6 218.7 188.1 8.1 22.5 1,234.7 994.2 192.3 48.22002 ...................... 1,983.3 680.6 437.7 380.7 5.8 51.2 242.9 209.8 9.9 23.2 1,302.7 1,049.4 205.8 47.52003 ...................... 2,112.6 756.5 497.9 435.2 7.3 55.4 258.5 225.1 10.3 23.1 1,356.1 1,096.5 211.8 47.82004 ...................... 2,232.8 824.6 550.8 481.2 7.1 62.4 273.9 240.2 9.1 24.6 1,408.2 1,139.1 220.2 48.92005 ...................... 2,369.9 876.3 589.0 514.8 7.5 66.8 287.3 251.0 8.3 28.0 1,493.6 1,212.0 230.8 50.82006 ...................... 2,518.4 931.7 624.9 543.9 8.1 72.9 306.8 267.1 9.5 30.2 1,586.7 1,282.3 249.9 54.52007 ...................... 2,676.5 976.7 662.1 574.9 10.5 76.8 314.5 273.9 11.1 29.5 1,699.8 1,366.1 277.2 56.42008 ...................... 2,883.2 1,082.6 737.9 634.0 12.9 91.0 344.7 300.4 11.7 32.5 1,800.6 1,452.4 290.9 57.32009 p .................... 2,933.3 1,144.9 779.1 666.8 16.7 95.5 365.8 320.0 13.2 32.6 1,788.4 1,430.9 301.9 55.52006: I .................. 2,474.5 928.5 615.5 538.3 7.5 69.7 313.0 272.1 8.6 32.3 1,546.1 1,254.5 238.4 53.2

II ................. 2,510.5 930.3 624.1 541.2 8.0 74.8 306.2 267.2 9.2 29.7 1,580.2 1,274.6 251.3 54.3III ................ 2,533.3 932.2 623.3 543.7 7.8 71.8 308.9 269.4 9.3 30.2 1,601.2 1,292.7 253.6 54.9IV ................ 2,555.2 935.9 636.6 552.3 8.9 75.4 299.3 259.8 10.8 28.7 1,619.4 1,307.6 256.3 55.5

2007: I .................. 2,599.3 942.8 636.7 554.3 9.5 73.0 306.1 266.8 10.4 28.8 1,656.5 1,331.2 269.4 56.0II ................. 2,657.4 968.1 656.6 568.8 10.9 76.9 311.6 271.2 10.9 29.5 1,689.3 1,357.3 275.7 56.3III ................ 2,700.9 991.4 674.4 585.1 10.5 78.8 317.0 275.6 11.7 29.7 1,709.5 1,373.6 279.4 56.5IV ................ 2,748.3 1,004.3 680.8 591.4 10.9 78.5 323.6 282.1 11.3 30.2 1,743.9 1,402.5 284.5 56.9

2008: I .................. 2,808.4 1,038.3 703.6 609.7 11.5 82.4 334.8 293.5 10.4 30.9 1,770.1 1,429.3 283.5 57.3II ................. 2,877.1 1,069.5 725.6 622.4 12.1 91.1 343.9 300.8 11.1 32.0 1,807.6 1,458.3 291.5 57.7III ................ 2,941.4 1,108.3 763.6 655.2 13.0 95.3 344.7 300.7 12.3 31.7 1,833.1 1,480.4 295.4 57.3IV ................ 2,905.9 1,114.3 758.9 648.8 14.8 95.3 355.3 306.6 13.2 35.6 1,791.7 1,441.7 293.2 56.8

2009: I .................. 2,879.0 1,106.7 750.7 642.9 15.8 91.9 356.0 311.3 13.2 31.5 1,772.3 1,424.4 292.5 55.4II ................. 2,929.4 1,138.3 776.2 662.7 16.4 97.2 362.1 316.4 13.2 32.4 1,791.2 1,429.9 305.8 55.4III ................ 2,955.4 1,164.3 795.8 679.3 18.5 98.0 368.5 321.9 13.3 33.2 1,791.1 1,429.8 305.9 55.4IV p ............. 2,969.5 1,170.4 793.8 682.4 16.3 95.1 376.5 330.3 13.0 33.2 1,799.1 1,439.7 303.5 55.9

Source: Department of Commerce (Bureau of Economic Analysis).

National Income or Expenditure | 355

Table B–21. Real government consumption expenditures and gross investment by type,1995–2009

[Billions of chained (2005) dollars; quarterly data at seasonally adjusted annual rates]

Year or quarter

Government consumption expenditures and gross investment

Total

Federal State and local

Total

National defense Nondefense

Total

Con-sump-tion

expen-ditures

Gross investment

Total

Con-sump-tion

expen-ditures

Gross investment

Total

Con-sump-tion

expen-ditures

Gross investment

Struc-tures

Equip-mentandsoft-ware

Struc-tures

Equip-mentandsoft-ware

Struc-tures

Equip-mentandsoft-ware

1995 ...................... 1,888.9 704.1 476.8 424.5 10.1 43.7 227.5 201.2 15.7 13.7 1,183.6 983.0 175.4 29.11996 ...................... 1,907.9 696.0 470.4 418.5 9.2 43.8 225.7 196.2 15.9 15.5 1,211.1 1,001.0 184.3 29.91997 ...................... 1,943.8 689.1 457.2 412.2 8.7 38.9 231.9 203.2 13.8 16.6 1,254.3 1,027.7 196.7 33.11998 ...................... 1,985.0 681.4 447.5 401.2 8.1 40.1 233.7 201.2 14.5 18.7 1,303.8 1,070.8 196.5 37.71999 ...................... 2,056.1 694.6 455.8 407.6 7.2 42.4 238.7 202.9 14.0 21.7 1,361.8 1,109.5 210.9 41.82000 ...................... 2,097.8 698.1 453.5 403.9 6.9 43.6 244.4 212.4 10.4 21.5 1,400.1 1,133.7 222.2 44.32001 ...................... 2,178.3 726.5 470.7 418.5 6.5 46.3 255.5 224.2 9.8 21.6 1,452.3 1,172.6 234.8 45.32002 ...................... 2,279.6 779.5 505.3 445.8 7.0 52.7 273.9 239.7 11.8 22.7 1,500.6 1,211.3 244.2 45.82003 ...................... 2,330.5 831.1 549.2 484.1 8.5 57.0 281.7 247.1 11.9 23.0 1,499.7 1,207.5 245.5 47.22004 ...................... 2,362.0 865.0 580.4 509.4 7.8 63.3 284.6 250.2 9.9 24.6 1,497.1 1,207.4 241.3 48.62005 ...................... 2,369.9 876.3 589.0 514.8 7.5 66.8 287.3 251.0 8.3 28.0 1,493.6 1,212.0 230.8 50.82006 ...................... 2,402.1 894.9 598.4 519.1 7.5 71.9 296.6 257.5 8.8 30.3 1,507.2 1,220.7 231.4 55.22007 ...................... 2,443.1 906.4 611.5 527.4 9.1 75.0 294.9 255.2 9.8 29.9 1,536.7 1,242.6 236.9 57.42008 ...................... 2,518.1 975.9 659.4 561.6 11.0 87.2 316.4 273.5 9.9 33.2 1,543.7 1,251.5 234.6 58.02009 p .................... 2,566.4 1,026.7 695.1 589.4 14.3 91.8 331.4 286.9 11.0 33.4 1,542.8 1,249.4 237.0 56.02006: I .................. 2,397.1 900.5 595.6 519.2 7.1 69.3 305.0 264.4 8.3 32.4 1,496.6 1,214.1 228.9 53.7

II ................. 2,399.1 892.8 597.2 515.9 7.5 73.9 295.7 257.3 8.7 29.7 1,506.3 1,216.5 234.9 54.8III ................ 2,402.7 892.0 594.3 516.7 7.2 70.4 297.7 259.0 8.6 30.1 1,510.8 1,222.3 232.8 55.8IV ................ 2,409.4 894.4 606.5 524.5 8.0 74.1 287.8 249.2 9.8 28.8 1,515.0 1,230.0 229.1 56.3

2007: I .................. 2,409.5 882.8 594.7 514.6 8.4 71.6 288.1 249.7 9.3 29.0 1,526.5 1,235.6 234.3 56.8II ................. 2,435.4 898.7 607.1 522.2 9.6 75.4 291.6 252.1 9.7 29.8 1,536.5 1,242.3 237.2 57.2III ................ 2,458.9 919.0 621.7 535.9 9.2 76.8 297.2 256.8 10.3 30.1 1,540.0 1,245.1 237.6 57.6IV ................ 2,468.7 925.1 622.4 536.7 9.4 76.4 302.7 262.2 9.8 30.6 1,543.7 1,247.4 238.4 58.1

2008: I .................. 2,484.7 943.4 634.8 545.4 9.8 79.7 308.6 268.4 8.9 31.4 1,541.9 1,249.6 234.3 58.5II ................. 2,506.9 961.3 645.6 548.4 10.4 87.4 315.8 273.8 9.4 32.6 1,546.6 1,250.1 238.1 58.7III ................ 2,536.6 991.6 675.4 574.0 11.1 90.9 315.9 273.3 10.3 32.2 1,547.0 1,252.5 236.8 58.0IV ................ 2,544.0 1,007.3 681.7 578.7 12.7 90.8 325.4 278.4 10.8 36.5 1,539.3 1,253.6 229.4 57.0

2009: I .................. 2,527.2 996.3 672.8 571.5 13.2 88.4 323.4 280.1 10.8 32.3 1,533.3 1,252.3 226.2 55.7II ................. 2,568.6 1,023.5 695.2 588.2 13.9 93.5 328.2 284.0 11.0 33.2 1,548.0 1,252.7 239.0 55.7III ................ 2,585.5 1,043.3 709.3 599.6 15.9 94.1 333.8 288.3 11.3 34.1 1,545.5 1,246.6 242.2 55.8IV p ............. 2,584.4 1,043.5 703.1 598.2 14.0 91.1 340.4 295.2 11.1 33.9 1,544.3 1,246.1 240.8 56.7

Note: See Table B–2 for data for total government consumption expenditures and gross investment for 1960–94.Source: Department of Commerce (Bureau of Economic Analysis).

356 | Appendix B

Table B–22. Private inventories and domestic final sales by industry, 1960–2009[Billions of dollars, except as noted; seasonally adjusted]

Quarter

Private inventories 1Finalsales

ofdomestic

busi-ness 3

Ratio of privateinventories

to final sales ofdomestic business

Total 2 Farm

Mining,utilities,

andconstruc-

tion 2

Manufac-turing

Wholesaletrade

Retailtrade

Otherindus-tries 2

Non-farm 2

Total Non-farm

Fourth quarter:1960 ................ 136.4 42.9 ................. 48.7 16.9 21.9 6.1 93.5 32.3 4.22 2.891961 ................ 139.8 44.6 ................. 50.1 17.3 21.3 6.6 95.2 33.9 4.12 2.811962 ................ 147.4 47.0 ................. 53.2 18.0 22.7 6.6 100.5 35.6 4.14 2.821963 ................ 149.9 44.4 ................. 55.1 19.5 23.9 7.1 105.5 37.9 3.95 2.781964 ................ 154.5 42.2 ................. 58.6 20.8 25.2 7.7 112.2 40.8 3.79 2.751965 ................ 169.4 47.2 ................. 63.4 22.5 28.0 8.3 122.2 44.9 3.77 2.721966 ................ 185.6 47.3 ................. 73.0 25.8 30.6 8.9 138.3 47.4 3.92 2.921967 ................ 194.8 45.7 ................. 79.9 28.1 30.9 10.1 149.1 49.9 3.90 2.991968 ................ 208.1 48.8 ................. 85.1 29.3 34.2 10.6 159.3 55.0 3.79 2.901969 ................ 227.4 52.8 ................. 92.6 32.5 37.5 12.0 174.6 58.7 3.88 2.981970 ................ 235.7 52.4 ................. 95.5 36.4 38.5 12.9 183.3 61.9 3.81 2.961971 ................ 253.7 59.3 ................. 96.6 39.4 44.7 13.7 194.4 67.5 3.76 2.881972 ................ 283.6 73.7 ................. 102.1 43.1 49.8 14.8 209.9 75.7 3.74 2.771973 ................ 351.5 102.2 ................. 121.5 51.7 58.4 17.7 249.4 83.7 4.20 2.981974 ................ 405.6 87.6 ................. 162.6 66.9 63.9 24.7 318.1 89.8 4.52 3.541975 ................ 408.5 89.5 ................. 162.2 66.5 64.4 25.9 319.0 101.1 4.04 3.161976 ................ 439.6 85.3 ................. 178.7 74.1 73.0 28.5 354.2 111.2 3.95 3.191977 ................ 482.0 90.6 ................. 193.2 84.0 80.9 33.3 391.4 124.0 3.89 3.161978 ................ 570.9 119.3 ................. 219.8 99.0 94.1 38.8 451.7 143.6 3.98 3.151979 ................ 667.6 134.9 ................. 261.8 119.5 104.7 46.6 532.6 159.4 4.19 3.341980 ................ 739.0 140.3 ................. 293.4 139.4 111.7 54.1 598.7 174.1 4.24 3.441981 ................ 779.1 127.4 ................. 313.1 148.8 123.2 66.6 651.7 186.7 4.17 3.491982 ................ 773.9 131.3 ................. 304.6 147.9 123.2 66.8 642.6 194.8 3.97 3.301983 ................ 796.9 131.7 ................. 308.9 153.4 137.6 65.2 665.1 215.7 3.69 3.081984 ................ 869.0 131.4 ................. 344.5 169.1 157.0 66.9 737.6 233.6 3.72 3.161985 ................ 875.9 125.8 ................. 333.3 175.9 171.4 69.5 750.2 249.5 3.51 3.011986 ................ 858.0 113.0 ................. 320.6 182.0 176.2 66.3 745.1 264.2 3.25 2.821987 ................ 924.2 119.9 ................. 339.6 195.8 199.1 69.9 804.4 277.7 3.33 2.901988 ................ 999.7 130.7 ................. 372.4 213.9 213.2 69.5 869.1 304.1 3.29 2.861989 ................ 1,044.3 129.6 ................. 390.5 222.8 231.4 70.1 914.7 322.8 3.23 2.831990 ................ 1,082.0 133.1 ................. 404.5 236.8 236.6 71.0 948.9 335.9 3.22 2.821991 ................ 1,057.2 123.2 ................. 384.1 239.2 240.2 70.5 934.0 345.7 3.06 2.701992 ................ 1,082.6 133.1 ................. 377.6 248.3 249.4 74.3 949.5 370.9 2.92 2.561993 ................ 1,116.0 132.3 ................. 380.1 258.6 268.6 76.5 983.7 391.4 2.85 2.511994 ................ 1,194.5 134.5 ................. 404.3 281.5 293.6 80.6 1,060.0 413.9 2.89 2.561995 ................ 1,257.2 131.1 ................. 424.5 303.7 312.2 85.6 1,126.1 436.0 2.88 2.58

NAICS:1996 ................ 1,284.7 136.6 31.1 421.0 285.1 328.7 82.1 1,148.1 465.6 2.76 2.471997 ................ 1,327.3 136.9 33.0 432.0 302.5 335.9 87.1 1,190.4 492.2 2.70 2.421998 ................ 1,341.6 120.5 36.6 432.3 312.0 349.2 91.1 1,221.1 525.8 2.55 2.321999 ................ 1,432.7 124.3 38.5 457.6 334.8 377.7 99.8 1,308.4 557.2 2.57 2.352000 ................ 1,524.0 132.1 42.3 476.5 357.7 400.8 114.6 1,391.8 588.3 2.59 2.372001 ................ 1,447.3 126.2 45.3 440.9 335.8 386.0 113.0 1,321.1 603.0 2.40 2.192002 ................ 1,489.1 135.9 46.5 443.7 343.2 408.0 111.8 1,353.2 608.5 2.45 2.222003 ................ 1,545.7 151.0 54.7 447.6 352.6 425.5 114.3 1,394.7 646.3 2.39 2.162004 ................ 1,681.5 157.2 64.1 487.2 388.9 460.9 123.2 1,524.3 685.2 2.45 2.222005 ................ 1,804.6 165.2 81.7 531.5 422.8 473.7 129.8 1,639.4 728.7 2.48 2.25

2006: I .................. 1,820.2 158.4 79.2 543.4 430.3 478.0 130.8 1,661.8 745.2 2.44 2.23II ................. 1,861.7 157.6 81.5 561.5 444.3 483.0 133.9 1,704.2 753.7 2.47 2.26III ................ 1,896.9 165.3 86.3 571.4 450.0 487.8 136.2 1,731.6 758.7 2.50 2.28IV ................ 1,917.1 165.1 90.7 575.7 456.4 491.6 137.7 1,752.0 771.9 2.48 2.27

2007: I .................. 1,951.8 177.4 94.5 581.9 463.7 494.1 140.2 1,774.5 784.3 2.49 2.26II ................. 1,972.6 175.1 98.1 590.7 468.2 498.0 142.5 1,797.5 795.0 2.48 2.26III ................ 2,003.9 183.3 94.4 599.0 477.3 506.1 143.8 1,820.6 804.7 2.49 2.26IV ................ 2,070.6 188.4 95.3 625.3 499.9 513.6 148.2 1,882.2 813.7 2.54 2.31

2008: I .................. 2,124.9 195.8 102.9 646.1 514.2 514.3 151.6 1,929.1 810.9 2.62 2.38II ................. 2,199.7 210.0 114.5 673.3 531.0 516.4 154.6 1,989.8 818.3 2.69 2.43III ................ 2,177.8 200.9 114.6 655.3 528.2 520.7 158.2 1,976.9 814.4 2.67 2.43IV ................ 2,015.9 178.4 100.1 592.8 482.7 506.4 155.5 1,837.5 800.0 2.52 2.30

2009: I .................. 1,948.1 171.9 96.4 575.8 464.3 489.7 150.0 1,776.1 794.1 2.45 2.24II ................. 1,912.2 171.6 96.8 567.4 449.6 478.5 148.3 1,740.6 792.5 2.41 2.20III ................ 1,892.3 168.6 97.7 564.3 436.6 477.1 147.9 1,723.7 795.3 2.38 2.17IV p ............. 1,914.2 167.0 98.1 570.0 445.6 484.5 148.9 1,747.2 801.3 2.39 2.18

1 Inventories at end of quarter. Quarter-to-quarter change calculated from this table is not the current-dollar change in private inventories component ofgross domestic product (GDP). The former is the difference between two inventory stocks, each valued at its respective end-of-quarter prices. The latter isthe change in the physical volume of inventories valued at average prices of the quarter. In addition, changes calculated from this table are at quarterly rates,whereas change in private inventories is stated at annual rates.

2 Inventories of construction, mining, and utilities establishments are included in other industries through 1995.3 Quarterly totals at monthly rates. Final sales of domestic business equals final sales of domestic product less gross output of general government, gross

value added of nonprofit institutions, compensation paid to domestic workers, and space rent for owner-occupied housing. Includes a small amount of finalsales by farm and by government enterprises.

Note: The industry classification of inventories is on an establishment basis. Estimates through 1995 are based on the Standard Industrial Classification(SIC). Beginning with 1996, estimates are based on the North American Industry Classification System (NAICS).

Source: Department of Commerce (Bureau of Economic Analysis).

National Income or Expenditure | 357

Table B–23. Real private inventories and domestic final sales by industry, 1960–2009[Billions of chained (2005) dollars, except as noted; seasonally adjusted]

Quarter

Private inventories 1Finalsales

ofdomestic

busi-ness 3

Ratio of privateinventories

to final sales ofdomestic business

Total 2 Farm

Mining,utilities,

andconstruc-

tion 2

Manufac-turing

Wholesaletrade

Retailtrade

Otherindus-tries 2

Non-farm 2

Total Non-farm

Fourth quarter:1960 ................ 487.9 133.3 ................. 164.7 66.5 69.5 35.8 338.3 144.8 3.37 2.341961 ................ 498.5 135.8 ................. 169.6 68.4 68.2 39.5 346.1 151.2 3.30 2.291962 ................ 520.4 137.6 ................. 180.9 71.6 73.0 39.4 366.5 157.0 3.31 2.331963 ................ 540.6 139.0 ................. 187.8 77.5 77.0 42.1 385.5 166.3 3.25 2.321964 ................ 557.9 135.1 ................. 198.2 82.2 81.1 44.7 407.3 176.4 3.16 2.311965 ................ 590.8 137.7 ................. 212.2 87.8 89.3 46.6 437.8 191.6 3.08 2.291966 ................ 637.9 136.3 ................. 240.6 99.5 96.6 47.9 487.9 195.7 3.26 2.491967 ................ 671.8 138.8 ................. 259.6 107.7 96.6 53.5 519.5 200.6 3.35 2.591968 ................ 702.6 142.9 ................. 271.5 111.5 104.8 55.1 545.9 211.5 3.32 2.581969 ................ 732.9 142.9 ................. 284.1 119.7 112.1 57.9 576.8 215.8 3.40 2.671970 ................ 738.5 140.5 ................. 284.0 128.7 112.2 58.6 585.5 218.4 3.38 2.681971 ................ 763.5 144.6 ................. 280.6 135.5 127.4 60.7 606.1 229.6 3.33 2.641972 ................ 789.1 145.0 ................. 288.3 141.6 137.3 63.7 632.8 248.7 3.17 2.541973 ................ 828.1 146.8 ................. 309.6 145.4 148.4 67.0 673.3 257.4 3.22 2.621974 ................ 857.2 142.4 ................. 333.0 158.9 146.2 71.4 712.3 247.8 3.46 2.871975 ................ 844.4 148.2 ................. 324.6 152.1 138.8 73.3 690.9 259.6 3.25 2.661976 ................ 878.7 146.6 ................. 340.1 162.2 149.5 74.0 728.5 272.4 3.23 2.671977 ................ 921.8 153.9 ................. 349.6 175.3 158.1 79.6 764.2 286.7 3.21 2.671978 ................ 967.4 155.9 ................. 365.6 189.3 168.7 84.4 809.1 308.2 3.14 2.631979 ................ 995.4 160.2 ................. 379.7 198.7 168.6 84.3 832.8 315.4 3.16 2.641980 ................ 986.0 153.0 ................. 380.1 204.0 163.8 82.9 832.4 315.1 3.13 2.641981 ................ 1,025.0 163.1 ................. 385.2 209.8 172.8 92.3 860.6 312.8 3.28 2.751982 ................ 1,005.3 170.6 ................. 367.9 207.2 168.9 89.4 833.3 311.6 3.23 2.671983 ................ 997.7 153.1 ................. 367.5 206.3 182.7 88.3 844.0 335.2 2.98 2.521984 ................ 1,075.9 159.4 ................. 399.4 222.8 205.0 89.7 916.3 353.5 3.04 2.591985 ................ 1,101.3 166.5 ................. 392.4 229.2 220.8 94.8 934.7 369.9 2.98 2.531986 ................ 1,109.8 164.2 ................. 388.3 237.7 224.3 98.3 945.1 383.8 2.89 2.461987 ................ 1,143.0 155.1 ................. 397.6 245.4 246.1 100.8 986.2 394.3 2.90 2.501988 ................ 1,164.9 142.0 ................. 416.2 254.9 253.9 99.3 1,021.6 414.7 2.81 2.461989 ................ 1,195.6 142.0 ................. 431.8 258.5 268.8 94.8 1,052.4 426.9 2.80 2.471990 ................ 1,212.1 148.6 ................. 441.6 267.2 267.2 91.2 1,066.4 428.2 2.83 2.491991 ................ 1,210.7 146.7 ................. 434.2 271.5 267.7 94.8 1,066.8 428.0 2.83 2.491992 ................ 1,228.6 153.8 ................. 429.0 280.3 272.5 97.7 1,077.7 451.1 2.72 2.391993 ................ 1,250.8 146.3 ................. 432.9 286.5 288.3 101.2 1,107.6 466.9 2.68 2.371994 ................ 1,320.1 160.0 ................. 446.3 302.7 309.4 106.1 1,163.4 485.5 2.72 2.401995 ................ 1,352.2 147.0 ................. 461.7 316.2 321.9 108.6 1,207.7 503.4 2.69 2.40

NAICS:1996 ................ 1,383.4 155.3 47.6 465.7 298.0 335.3 87.6 1,230.9 529.2 2.61 2.331997 ................ 1,460.8 159.0 50.1 490.0 324.9 349.5 93.2 1,304.4 551.4 2.65 2.371998 ................ 1,532.4 160.6 59.1 507.6 348.6 364.7 99.0 1,373.9 586.2 2.61 2.341999 ................ 1,600.9 156.9 57.1 523.8 369.7 390.5 106.6 1,444.7 616.4 2.60 2.342000 ................ 1,661.1 155.2 54.3 531.9 390.4 411.1 119.3 1,505.9 638.7 2.60 2.362001 ................ 1,619.4 155.3 65.1 505.7 376.8 400.5 119.1 1,464.4 645.1 2.51 2.272002 ................ 1,632.1 152.2 61.0 500.5 376.7 424.2 118.0 1,480.0 645.5 2.53 2.292003 ................ 1,649.5 152.4 68.2 492.0 376.3 441.5 119.6 1,497.2 676.7 2.44 2.212004 ................ 1,715.8 160.3 69.6 498.0 396.8 465.2 126.0 1,555.6 698.6 2.46 2.232005 ................ 1,765.8 160.4 73.4 519.0 415.0 469.8 128.3 1,605.4 719.8 2.45 2.23

2006: I .................. 1,782.2 161.3 75.8 523.7 419.5 472.7 129.0 1,621.0 732.7 2.43 2.21II ................. 1,800.4 159.3 81.0 529.5 424.5 474.8 130.7 1,641.1 736.1 2.45 2.23III ................ 1,817.2 157.7 85.9 534.3 428.7 478.3 131.9 1,659.5 735.9 2.47 2.26IV ................ 1,825.2 156.7 90.3 536.0 428.3 480.6 132.9 1,668.6 746.3 2.45 2.24

2007: I .................. 1,828.8 158.2 92.0 535.2 429.0 479.7 134.2 1,670.7 751.2 2.43 2.22II ................. 1,834.6 157.1 93.4 537.2 429.5 481.9 135.2 1,677.7 757.1 2.42 2.22III ................ 1,842.1 156.4 91.7 539.1 432.3 486.9 135.5 1,685.8 764.0 2.41 2.21IV ................ 1,844.7 155.9 89.9 541.0 434.7 486.4 136.4 1,689.0 770.4 2.39 2.19

2008: I .................. 1,844.8 152.8 90.5 548.6 433.2 482.1 137.1 1,692.6 766.5 2.41 2.21II ................. 1,835.5 152.4 91.1 542.8 432.8 478.6 137.2 1,683.6 772.4 2.38 2.18III ................ 1,828.1 151.1 90.3 535.1 433.8 480.0 137.6 1,677.5 760.7 2.40 2.21IV ................ 1,818.8 150.7 87.5 537.1 429.6 474.6 138.9 1,668.6 746.0 2.44 2.24

2009: I .................. 1,790.3 150.7 89.2 529.9 419.0 462.8 138.1 1,639.8 734.7 2.44 2.23II ................. 1,750.2 151.3 91.1 520.0 400.8 450.0 136.6 1,599.1 734.3 2.38 2.18III ................ 1,715.4 151.8 92.1 506.2 384.1 445.7 135.6 1,563.7 737.2 2.33 2.12IV p ............. 1,707.1 150.2 89.0 503.3 383.5 446.1 134.8 1,556.9 742.4 2.30 2.10

1 Inventories at end of quarter. Quarter-to-quarter changes calculated from this table are at quarterly rates, whereas the change in private inventoriescomponent of gross domestic product (GDP) is stated at annual rates.

2 Inventories of construction, mining, and utilities establishments are included in other industries through 1995.3 Quarterly totals at monthly rates. Final sales of domestic business equals final sales of domestic product less gross output of general government, gross

value added of nonprofit institutions, compensation paid to domestic workers, and space rent for owner-occupied housing. Includes a small amount of final salesby farm and by government enterprises.

Note: The industry classification of inventories is on an establishment basis. Estimates through 1995 are based on the Standard Industrial Classification(SIC). Beginning with 1996, estimates are based on the North American Industry Classification System (NAICS).

See Survey of Current Business, Tables 5.7.6A and 5.7.6B, for detailed information on calculation of the chained (2005) dollar inventory series.Source: Department of Commerce (Bureau of Economic Analysis).

358 | Appendix B

Table B–24. Foreign transactions in the national income and product accounts, 1960–2009[Billions of dollars; quarterly data at seasonally adjusted annual rates]

Year or quarter

Current receipts from rest of the world Current payments to rest of the world

Total

Exports of goodsand services

In-come

re-ceipts

Total

Imports of goodsand services

In-comepay-

ments

Current taxes andtransfer payments

to rest of the world (net) Balanceon

currentaccount,NIPA 2Total Goods 1 Serv-

ices 1 Total Goods 1 Serv-ices 1 Total

Fromper-sons(net)

Fromgov-ern-ment(net)

Frombusi-ness(net)

1960 ...................... 31.9 27.0 20.5 6.6 4.9 28.8 22.8 15.2 7.6 1.8 4.1 0.5 3.6 0.1 3.21961 ...................... 32.9 27.6 20.9 6.7 5.3 28.7 22.7 15.1 7.6 1.8 4.2 .5 3.6 .1 4.21962 ...................... 35.0 29.1 21.7 7.4 5.9 31.2 25.0 16.9 8.1 1.8 4.4 .6 3.7 .1 3.81963 ...................... 37.6 31.1 23.3 7.7 6.5 32.7 26.1 17.7 8.4 2.1 4.5 .7 3.7 .1 4.91964 ...................... 42.3 35.0 26.7 8.3 7.2 34.8 28.1 19.4 8.7 2.3 4.4 .7 3.5 .2 7.51965 ...................... 45.0 37.1 27.8 9.4 7.9 38.9 31.5 22.2 9.3 2.6 4.7 .8 3.8 .2 6.21966 ...................... 49.0 40.9 30.7 10.2 8.1 45.2 37.1 26.3 10.7 3.0 5.1 .8 4.1 .2 3.81967 ...................... 52.1 43.5 32.2 11.3 8.7 48.7 39.9 27.8 12.2 3.3 5.5 1.0 4.2 .2 3.51968 ...................... 58.0 47.9 35.3 12.6 10.1 56.5 46.6 33.9 12.6 4.0 5.9 1.0 4.6 .3 1.51969 ...................... 63.7 51.9 38.3 13.7 11.8 62.1 50.5 36.8 13.7 5.7 5.9 1.1 4.5 .3 1.61970 ...................... 72.5 59.7 44.5 15.2 12.8 68.8 55.8 40.9 14.9 6.4 6.6 1.3 4.9 .4 3.71971 ...................... 77.0 63.0 45.6 17.4 14.0 76.7 62.3 46.6 15.8 6.4 7.9 1.4 6.1 .4 .31972 ...................... 87.1 70.8 51.8 19.0 16.3 91.2 74.2 56.9 17.3 7.7 9.2 1.4 7.4 .5 –4.01973 ...................... 118.8 95.3 73.9 21.3 23.5 109.9 91.2 71.8 19.3 10.9 7.9 1.6 5.6 .7 8.91974 ...................... 156.5 126.7 101.0 25.7 29.8 150.5 127.5 104.5 22.9 14.3 8.7 1.4 6.4 1.0 6.01975 ...................... 166.7 138.7 109.6 29.1 28.0 146.9 122.7 99.0 23.7 15.0 9.1 1.3 7.1 .7 19.81976 ...................... 181.9 149.5 117.8 31.7 32.4 174.8 151.1 124.6 26.5 15.5 8.1 1.4 5.7 1.1 7.11977 ...................... 196.6 159.4 123.7 35.7 37.2 207.5 182.4 152.6 29.8 16.9 8.1 1.4 5.3 1.4 –10.91978 ...................... 233.1 186.9 145.4 41.5 46.3 245.8 212.3 177.4 34.8 24.7 8.8 1.6 5.9 1.4 –12.61979 ...................... 298.5 230.1 184.0 46.1 68.3 299.6 252.7 212.8 39.9 36.4 10.6 1.7 6.8 2.0 –1.21980 ...................... 359.9 280.8 225.8 55.0 79.1 351.4 293.8 248.6 45.3 44.9 12.6 2.0 8.3 2.4 8.51981 ...................... 397.3 305.2 239.1 66.1 92.0 393.9 317.8 267.8 49.9 59.1 17.0 5.6 8.3 3.2 3.41982 ...................... 384.2 283.2 215.0 68.2 101.0 387.5 303.2 250.5 52.6 64.5 19.8 6.7 9.7 3.4 –3.31983 ...................... 378.9 277.0 207.3 69.7 101.9 413.9 328.6 272.7 56.0 64.8 20.5 7.0 10.1 3.4 –35.11984 ...................... 424.2 302.4 225.6 76.7 121.9 514.3 405.1 336.3 68.8 85.6 23.6 7.9 12.2 3.5 –90.11985 ...................... 414.5 302.0 222.2 79.8 112.4 528.8 417.2 343.3 73.9 85.9 25.7 8.3 14.4 2.9 –114.31986 ...................... 431.3 320.3 226.0 94.3 111.0 574.0 452.9 370.0 82.9 93.4 27.8 9.1 15.4 3.2 –142.71987 ...................... 486.6 363.8 257.5 106.2 122.8 640.7 508.7 414.8 93.9 105.2 26.8 10.0 13.4 3.4 –154.11988 ...................... 595.5 443.9 325.8 118.1 151.6 711.2 554.0 452.1 101.9 128.3 29.0 10.8 13.7 4.5 –115.71989 ...................... 680.3 503.1 369.4 133.8 177.2 772.7 591.0 484.8 106.2 151.2 30.4 11.6 14.2 4.6 –92.41990 ...................... 740.6 552.1 396.6 155.5 188.5 815.6 629.7 508.1 121.7 154.1 31.7 12.2 14.7 4.8 –74.91991 ...................... 764.7 596.6 423.6 173.0 168.1 756.9 623.5 500.7 122.8 138.2 –4.9 14.1 –24.0 5.0 7.91992 ...................... 786.8 635.0 448.0 187.0 151.8 832.4 667.8 544.9 122.9 122.7 41.9 14.5 22.0 5.4 –45.61993 ...................... 810.8 655.6 459.9 195.7 155.2 889.4 720.0 592.8 127.2 124.0 45.4 17.1 22.9 5.4 –78.61994 ...................... 904.8 720.7 510.1 210.6 184.1 1,019.5 813.4 676.8 136.6 160.0 46.1 18.9 21.1 6.0 –114.71995 ...................... 1,041.1 811.9 583.3 228.6 229.3 1,146.2 902.6 757.4 145.1 199.6 44.1 20.3 15.6 8.2 –105.11996 ...................... 1,113.5 867.7 618.3 249.3 245.8 1,227.6 964.0 807.4 156.5 214.2 49.5 22.6 20.0 6.9 –114.11997 ...................... 1,233.9 954.4 687.7 266.7 279.5 1,363.3 1,055.8 885.7 170.1 256.1 51.4 25.7 16.7 9.1 –129.31998 ...................... 1,240.1 953.9 680.9 273.0 286.2 1,444.6 1,115.7 930.8 184.9 268.9 60.0 29.7 17.4 13.0 –204.51999 ...................... 1,308.8 989.3 697.2 292.1 319.5 1,600.7 1,251.4 1,047.7 203.7 291.7 57.6 32.2 18.0 7.4 –291.92000 ...................... 1,473.7 1,093.2 784.3 308.9 380.5 1,884.1 1,475.3 1,246.5 228.8 342.8 66.1 34.6 20.0 11.4 –410.42001 ...................... 1,350.8 1,027.7 731.2 296.5 323.0 1,742.4 1,398.7 1,171.7 227.0 271.1 72.6 38.1 16.2 18.3 –391.62002 ...................... 1,316.5 1,003.0 700.3 302.7 313.5 1,768.1 1,430.2 1,193.9 236.3 264.4 73.5 40.6 21.6 11.3 –451.62003 ...................... 1,394.4 1,041.0 726.8 314.2 353.3 1,910.5 1,545.1 1,289.3 255.9 284.6 80.7 41.2 25.8 13.7 –516.12004 ...................... 1,628.8 1,180.2 817.0 363.2 448.6 2,253.4 1,798.9 1,501.7 297.3 357.4 97.1 43.6 27.2 26.3 –624.62005 ...................... 1,878.1 1,305.1 906.1 399.0 573.0 2,618.6 2,027.8 1,708.0 319.8 475.9 115.0 48.4 35.3 31.3 –740.52006 ...................... 2,192.1 1,471.0 1,024.4 446.6 721.1 2,990.5 2,240.3 1,884.9 355.4 648.6 101.5 51.6 28.8 21.1 –798.42007 ...................... 2,517.7 1,655.9 1,139.4 516.5 861.8 3,242.4 2,369.7 1,987.7 382.1 746.0 126.6 58.7 36.5 31.4 –724.72008 ...................... 2,640.3 1,831.1 1,266.9 564.2 809.2 3,347.6 2,538.9 2,126.4 412.4 667.3 141.4 64.5 40.8 36.2 –707.22009 p .................... ........... 1,560.0 1,035.1 524.9 ........... ........... 1,950.1 1,569.8 380.4 ........... 142.6 62.7 50.5 29.5 ..............2006: I .................. 2,073.0 1,414.0 985.1 428.9 659.0 2,862.6 2,189.8 1,842.9 346.9 578.5 94.3 46.8 26.9 20.6 –789.6

II ................. 2,172.4 1,456.0 1,016.5 439.6 716.4 2,983.5 2,237.4 1,884.3 353.1 640.9 105.1 52.2 33.6 19.4 –811.0III ................ 2,217.6 1,476.0 1,030.6 445.3 741.6 3,070.9 2,281.7 1,925.0 356.6 679.7 109.5 52.7 34.6 22.3 –853.3IV ................ 2,305.3 1,538.2 1,065.4 472.8 767.2 3,045.0 2,252.5 1,887.5 365.0 695.5 97.1 54.8 20.1 22.2 –739.7

2007: I .................. 2,352.8 1,564.9 1,081.4 483.4 787.9 3,152.2 2,294.3 1,926.9 367.4 724.0 133.9 57.8 46.2 29.9 –799.3II ................. 2,454.2 1,602.1 1,109.4 492.7 852.1 3,216.8 2,326.9 1,951.1 375.8 776.0 113.9 57.9 26.1 29.9 –762.6III ................ 2,582.8 1,685.2 1,156.6 528.6 897.6 3,267.6 2,383.6 1,993.8 389.8 759.1 124.8 58.7 32.4 33.7 –684.8IV ................ 2,681.0 1,771.6 1,210.4 561.2 909.4 3,332.9 2,474.0 2,078.9 395.2 725.1 133.8 60.4 41.2 32.1 –651.9

2008: I .................. 2,660.0 1,803.6 1,247.3 556.3 856.3 3,377.4 2,548.1 2,143.1 404.9 685.3 144.0 63.1 43.8 37.1 –717.4II ................. 2,742.0 1,901.5 1,326.2 575.3 840.5 3,495.3 2,640.2 2,226.8 413.4 711.6 143.6 66.2 43.0 34.4 –753.3III ................ 2,738.6 1,913.1 1,338.5 574.6 825.6 3,475.8 2,670.5 2,243.3 427.2 664.8 140.4 66.7 37.2 36.5 –737.1IV ................ 2,420.7 1,706.2 1,155.7 550.5 714.4 3,041.7 2,296.7 1,892.5 404.2 607.4 137.5 61.8 39.1 36.6 –621.0

2009: I .................. 2,089.0 1,509.3 989.5 519.8 579.6 2,498.5 1,887.9 1,508.2 379.6 479.7 130.9 63.8 35.9 31.2 –409.5II ................. 2,065.0 1,493.7 978.1 515.6 571.3 2,454.5 1,832.8 1,461.1 371.7 478.6 143.0 63.1 50.4 29.6 –389.5III ................ 2,164.4 1,573.8 1,045.2 528.5 590.6 2,589.8 1,976.0 1,592.8 383.1 469.1 144.8 61.9 54.0 28.9 –425.5IV p ............. ........... 1,663.4 1,127.6 535.8 ........... ........... 2,103.9 1,716.9 387.0 ........... 131.5 61.9 41.5 28.1 ..............

1 Certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. Beginning with 1986, repairs andalterations of equipment were reclassified from goods to services.

2 National income and product accounts (NIPA).Source: Department of Commerce (Bureau of Economic Analysis).

National Income or Expenditure | 359

Table B–25. Real exports and imports of goods and services, 1995–2009[Billions of chained (2005) dollars; quarterly data at seasonally adjusted annual rates]

Year or quarter

Exports of goods and services Imports of goods and services

Total

Goods 1

Services 1 Total

Goods 1

Services 1

Total Durablegoods

Non-durablegoods

Total Durablegoods

Non-durablegoods

1995 ...................... 845.7 575.4 363.6 216.2 272.6 944.5 766.1 422.9 360.0 180.91996 ...................... 916.0 626.2 405.4 223.4 291.7 1,026.7 837.9 468.1 384.1 190.31997 ...................... 1,025.1 716.2 478.7 237.9 308.9 1,165.0 958.7 545.4 424.1 206.91998 ...................... 1,048.5 732.2 494.2 237.6 316.4 1,301.1 1,072.3 617.2 462.9 229.41999 ...................... 1,094.3 760.0 517.8 240.8 334.6 1,450.9 1,206.0 707.1 500.2 244.92000 ...................... 1,188.3 844.3 584.6 256.5 343.5 1,639.9 1,367.9 814.8 549.2 271.72001 ...................... 1,121.6 792.0 535.9 255.2 329.3 1,593.8 1,324.2 764.5 564.2 269.62002 ...................... 1,099.2 763.5 505.6 259.1 335.6 1,648.0 1,373.4 796.5 580.2 274.52003 ...................... 1,116.8 777.2 514.5 263.8 339.6 1,720.7 1,440.9 830.6 615.2 279.82004 ...................... 1,222.8 842.9 571.0 272.2 380.0 1,910.8 1,599.7 945.0 655.8 311.02005 ...................... 1,305.1 906.1 624.9 281.2 399.0 2,027.8 1,708.0 1,025.4 682.6 319.82006 ...................... 1,422.0 991.4 691.9 299.6 430.6 2,151.2 1,808.8 1,115.3 694.5 342.42007 ...................... 1,546.1 1,064.8 749.1 316.1 481.3 2,193.8 1,839.6 1,139.8 701.4 354.22008 ...................... 1,629.3 1,127.5 784.0 342.7 501.7 2,123.5 1,767.3 1,089.2 678.5 356.52009 p .................... 1,468.6 987.0 650.9 331.6 480.6 1,822.5 1,479.1 858.8 612.5 342.92006: I .................. 1,388.8 970.3 678.3 292.1 418.5 2,121.3 1,782.7 1,103.2 681.2 338.6

II ................. 1,412.1 987.8 688.2 299.7 424.3 2,144.9 1,804.7 1,109.0 696.7 340.1III ................ 1,414.1 988.3 688.4 299.9 425.8 2,170.5 1,829.3 1,116.8 712.6 341.3IV ................ 1,473.2 1,019.2 712.7 306.7 453.9 2,168.1 1,818.6 1,132.3 687.6 349.5

2007: I .................. 1,485.9 1,026.7 721.5 305.6 459.2 2,190.8 1,841.1 1,141.5 700.6 349.8II ................. 1,504.8 1,042.4 732.0 310.7 462.3 2,188.1 1,836.5 1,127.8 709.0 351.6III ................ 1,569.9 1,078.9 758.4 320.9 490.9 2,208.3 1,849.4 1,144.3 706.4 359.0IV ................ 1,624.0 1,111.0 784.6 327.2 512.9 2,188.0 1,831.6 1,145.5 689.6 356.4

2008: I .................. 1,623.4 1,122.4 783.3 338.6 501.1 2,174.3 1,815.4 1,132.0 686.7 359.0II ................. 1,670.4 1,159.9 808.3 351.0 510.5 2,146.5 1,794.0 1,122.3 676.4 352.5III ................ 1,655.2 1,154.8 807.0 347.8 500.4 2,134.4 1,777.1 1,097.6 680.2 357.7IV ................ 1,568.0 1,072.9 737.4 333.3 494.9 2,038.9 1,682.6 1,004.7 670.7 356.9

2009: I .................. 1,434.5 956.1 637.3 314.9 477.2 1,821.0 1,474.4 835.3 629.4 346.2II ................. 1,419.5 940.7 611.4 324.0 477.4 1,749.8 1,409.4 798.1 602.1 339.5III ................ 1,478.8 993.9 651.8 337.2 483.9 1,836.2 1,490.6 863.5 618.4 345.3IV p ............. 1,541.6 1,057.4 702.9 350.2 484.0 1,882.7 1,541.9 938.3 600.0 340.7

1 Certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services. Beginning with 1986, repairs andalterations of equipment were reclassified from goods to services.

Note: See Table B–2 for data for total exports of goods and services and total imports of goods and services for 1960–94.Source: Department of Commerce (Bureau of Economic Analysis).

360 | Appendix B

Table B–26. Relation of gross domestic product, gross national product, net nationalproduct, and national income, 1960–2009

[Billions of dollars; quarterly data at seasonally adjusted annual rates]

Year or quarterGross

domesticproduct

Plus:Incomereceiptsfrom rest

of theworld

Less:Income

paymentsto restof theworld

Equals:Gross

nationalproduct

Less: Consumption of fixed capitalEquals:

Netnationalproduct

Less:Statisticaldiscrep-

ancy

Equals:NationalincomeTotal Private Govern-

ment

1960 ...................... 526.4 4.9 1.8 529.6 56.6 41.6 15.0 473.0 –1.0 473.91961 ...................... 544.8 5.3 1.8 548.3 58.2 42.6 15.6 490.1 –.6 490.71962 ...................... 585.7 5.9 1.8 589.7 60.6 44.1 16.5 529.2 .3 528.91963 ...................... 617.8 6.5 2.1 622.2 63.3 45.9 17.5 558.9 –.8 559.71964 ...................... 663.6 7.2 2.3 668.6 66.4 48.3 18.1 602.2 .8 601.41965 ...................... 719.1 7.9 2.6 724.4 70.7 51.9 18.9 653.7 1.5 652.21966 ...................... 787.7 8.1 3.0 792.8 76.5 56.5 20.0 716.3 6.2 710.11967 ...................... 832.4 8.7 3.3 837.8 82.9 61.6 21.4 754.9 4.5 750.41968 ...................... 909.8 10.1 4.0 915.9 90.4 67.4 23.0 825.5 4.3 821.21969 ...................... 984.4 11.8 5.7 990.5 99.2 74.5 24.7 891.4 2.9 888.51970 ...................... 1,038.3 12.8 6.4 1,044.7 108.3 81.7 26.6 936.4 6.9 929.51971 ...................... 1,126.8 14.0 6.4 1,134.4 117.8 89.5 28.2 1,016.6 11.0 1,005.61972 ...................... 1,237.9 16.3 7.7 1,246.4 127.2 97.7 29.4 1,119.3 8.9 1,110.31973 ...................... 1,382.3 23.5 10.9 1,394.9 140.8 109.5 31.3 1,254.1 8.0 1,246.11974 ...................... 1,499.5 29.8 14.3 1,515.0 163.7 127.8 35.9 1,351.3 9.8 1,341.51975 ...................... 1,637.7 28.0 15.0 1,650.7 190.4 150.4 39.9 1,460.3 16.3 1,444.01976 ...................... 1,824.6 32.4 15.5 1,841.4 208.2 165.5 42.6 1,633.3 23.5 1,609.81977 ...................... 2,030.1 37.2 16.9 2,050.4 231.8 186.1 45.6 1,818.6 21.2 1,797.41978 ...................... 2,293.8 46.3 24.7 2,315.3 261.4 212.0 49.5 2,053.9 26.1 2,027.91979 ...................... 2,562.2 68.3 36.4 2,594.2 298.9 244.5 54.4 2,295.3 47.0 2,248.31980 ...................... 2,788.1 79.1 44.9 2,822.3 344.1 282.3 61.8 2,478.2 45.3 2,433.01981 ...................... 3,126.8 92.0 59.1 3,159.8 393.3 323.2 70.1 2,766.4 36.6 2,729.81982 ...................... 3,253.2 101.0 64.5 3,289.7 433.5 356.4 77.1 2,856.2 4.8 2,851.41983 ...................... 3,534.6 101.9 64.8 3,571.7 451.1 369.5 81.6 3,120.6 49.7 3,070.91984 ...................... 3,930.9 121.9 85.6 3,967.2 474.3 387.5 86.9 3,492.8 31.5 3,461.31985 ...................... 4,217.5 112.4 85.9 4,244.0 505.4 412.8 92.7 3,738.6 42.3 3,696.31986 ...................... 4,460.1 111.0 93.4 4,477.7 538.5 439.1 99.4 3,939.2 67.7 3,871.51987 ...................... 4,736.4 122.8 105.2 4,754.0 571.1 464.5 106.6 4,182.9 32.9 4,150.01988 ...................... 5,100.4 151.6 128.3 5,123.8 611.0 497.1 113.9 4,512.8 –9.5 4,522.31989 ...................... 5,482.1 177.2 151.2 5,508.1 651.5 529.6 121.8 4,856.6 56.1 4,800.51990 ...................... 5,800.5 188.5 154.1 5,835.0 691.2 560.4 130.8 5,143.7 84.2 5,059.51991 ...................... 5,992.1 168.1 138.2 6,022.0 724.4 585.4 138.9 5,297.6 79.7 5,217.91992 ...................... 6,342.3 151.8 122.7 6,371.4 744.4 599.9 144.5 5,627.1 110.0 5,517.11993 ...................... 6,667.4 155.2 124.0 6,698.5 778.0 626.4 151.6 5,920.5 135.8 5,784.71994 ...................... 7,085.2 184.1 160.0 7,109.2 819.2 661.0 158.2 6,290.1 108.8 6,181.31995 ...................... 7,414.7 229.3 199.6 7,444.3 869.5 704.6 164.8 6,574.9 52.5 6,522.31996 ...................... 7,838.5 245.8 214.2 7,870.1 912.5 743.4 169.2 6,957.6 25.9 6,931.71997 ...................... 8,332.4 279.5 256.1 8,355.8 963.8 789.7 174.1 7,392.0 –14.0 7,406.01998 ...................... 8,793.5 286.2 268.9 8,810.8 1,020.5 841.6 179.0 7,790.3 –85.3 7,875.61999 ...................... 9,353.5 319.5 291.7 9,381.3 1,094.4 907.2 187.2 8,286.9 –71.1 8,358.02000 ...................... 9,951.5 380.5 342.8 9,989.2 1,184.3 986.8 197.5 8,804.9 –134.0 8,938.92001 ...................... 10,286.2 323.0 271.1 10,338.1 1,256.2 1,051.6 204.6 9,081.9 –103.4 9,185.22002 ...................... 10,642.3 313.5 264.4 10,691.4 1,305.0 1,094.0 210.9 9,386.4 –22.1 9,408.52003 ...................... 11,142.1 353.3 284.6 11,210.8 1,354.1 1,135.9 218.1 9,856.8 16.6 9,840.22004 ...................... 11,867.8 448.6 357.4 11,959.0 1,432.8 1,200.9 231.9 10,526.2 –7.8 10,534.02005 ...................... 12,638.4 573.0 475.9 12,735.5 1,541.4 1,290.8 250.6 11,194.2 –79.7 11,273.82006 ...................... 13,398.9 721.1 648.6 13,471.3 1,660.7 1,391.4 269.3 11,810.7 –220.6 12,031.22007 ...................... 14,077.6 861.8 746.0 14,193.3 1,760.0 1,469.6 290.4 12,433.3 –14.8 12,448.22008 ...................... 14,441.4 809.2 667.3 14,583.3 1,847.1 1,536.2 310.9 12,736.2 101.0 12,635.22009 p .................... 14,258.7 ................... ................... ................... 1,863.7 1,538.4 325.3 ................... ................... .....................2006: I .................. 13,183.5 659.0 578.5 13,264.0 1,618.0 1,357.4 260.6 11,646.0 –192.2 11,838.2

II ................. 13,347.8 716.4 640.9 13,423.3 1,648.2 1,381.1 267.1 11,775.2 –190.7 11,965.9III ................ 13,452.9 741.6 679.7 13,514.8 1,675.2 1,403.2 272.0 11,839.6 –253.4 12,093.0IV ................ 13,611.5 767.2 695.5 13,683.2 1,701.3 1,423.9 277.4 11,981.9 –246.0 12,227.9

2007: I .................. 13,795.6 787.9 724.0 13,859.5 1,726.7 1,443.1 283.7 12,132.8 –121.1 12,253.9II ................. 13,997.2 852.1 776.0 14,073.3 1,749.4 1,461.4 288.0 12,324.0 –97.1 12,421.1III ................ 14,179.9 897.6 759.1 14,318.3 1,771.2 1,478.7 292.5 12,547.2 64.9 12,482.2IV ................ 14,337.9 909.4 725.1 14,522.2 1,792.8 1,495.1 297.6 12,729.4 94.0 12,635.4

2008: I .................. 14,373.9 856.3 685.3 14,544.9 1,813.6 1,510.6 303.0 12,731.2 69.8 12,661.5II ................. 14,497.8 840.5 711.6 14,626.6 1,835.6 1,527.0 308.5 12,791.1 126.7 12,664.4III ................ 14,546.7 825.6 664.8 14,707.5 1,858.2 1,544.4 313.8 12,849.3 68.3 12,781.0IV ................ 14,347.3 714.4 607.4 14,454.3 1,881.0 1,562.6 318.4 12,573.3 139.4 12,433.9

2009: I .................. 14,178.0 579.6 479.7 14,277.9 1,883.6 1,561.3 322.3 12,394.3 185.4 12,208.9II ................. 14,151.2 571.3 478.6 14,243.8 1,864.0 1,540.5 323.5 12,379.8 161.7 12,218.1III ................ 14,242.1 590.6 469.1 14,363.7 1,850.7 1,525.5 325.2 12,512.9 163.2 12,349.7IV p ............. 14,463.4 ................... ................... ................... 1,856.4 1,526.3 330.1 ................... ................... .....................

Source: Department of Commerce (Bureau of Economic Analysis).

National Income or Expenditure | 361

Table B–27. Relation of national income and personal income, 1960–2009[Billions of dollars; quarterly data at seasonally adjusted annual rates]

Year or quarter Nationalincome

Less: Plus: Equals:

Corporateprofitswith

inventoryvaluation

and capitalcon-

sumptionadjust-ments

Taxeson

productionand

importsless

subsidies

Contribu-tionsfor

govern-mentsocial

insurance,domestic

Netinterest

andmiscel-laneous

paymentson

assets

Businesscurrenttransfer

payments(net)

Currentsurplus

ofgovern-mententer-prises

Wageaccruals

lessdisburse-

ments

Personalincomereceipts

onassets

Personalcurrenttransferreceipts

Personalincome

1960 ........................ 473.9 53.1 43.4 16.4 10.6 1.9 0.9 0.0 37.9 25.7 411.31961 ........................ 490.7 54.2 45.0 17.0 12.5 2.0 .8 .0 40.1 29.5 428.81962 ........................ 528.9 62.3 48.1 19.1 14.2 2.2 .9 .0 44.1 30.4 456.41963 ........................ 559.7 68.3 51.2 21.7 15.2 2.7 1.4 .0 47.9 32.2 479.51964 ........................ 601.4 75.5 54.5 22.4 17.4 3.1 1.3 .0 53.8 33.5 514.31965 ........................ 652.2 86.5 57.7 23.4 19.6 3.6 1.3 .0 59.4 36.2 555.51966 ........................ 710.1 92.5 59.3 31.3 22.4 3.5 1.0 .0 64.1 39.6 603.81967 ........................ 750.4 90.2 64.1 34.9 25.5 3.8 .9 .0 69.0 48.0 648.11968 ........................ 821.2 97.3 72.2 38.7 27.1 4.3 1.2 .0 75.2 56.1 711.71969 ........................ 888.5 94.5 79.3 44.1 32.7 4.9 1.0 .0 84.1 62.3 778.31970 ........................ 929.5 82.5 86.6 46.4 39.1 4.5 .0 .0 93.5 74.7 838.61971 ........................ 1,005.6 96.1 95.8 51.2 43.9 4.3 –.2 .6 101.0 88.1 903.11972 ........................ 1,110.3 111.4 101.3 59.2 47.9 4.9 .5 .0 109.6 97.9 992.61973 ........................ 1,246.1 124.5 112.0 75.5 55.2 6.0 –.4 –.1 124.7 112.6 1,110.51974 ........................ 1,341.5 115.1 121.6 85.2 70.8 7.1 –.9 –.5 146.4 133.3 1,222.71975 ........................ 1,444.0 133.3 130.8 89.3 81.6 9.4 –3.2 .1 162.2 170.0 1,334.91976 ........................ 1,609.8 161.6 141.3 101.3 85.5 9.5 –1.8 .1 178.4 184.0 1,474.71977 ........................ 1,797.4 191.8 152.6 113.1 101.1 8.5 –2.7 .1 205.3 194.2 1,632.51978 ........................ 2,027.9 218.4 162.0 131.3 115.0 10.8 –2.2 .3 234.8 209.6 1,836.71979 ........................ 2,248.3 225.4 171.6 152.7 138.9 13.3 –2.9 –.2 274.7 235.3 2,059.51980 ........................ 2,433.0 201.4 190.5 166.2 181.8 14.7 –5.1 .0 338.7 279.5 2,301.51981 ........................ 2,729.8 223.3 224.2 195.7 232.3 17.9 –5.6 .1 421.9 318.4 2,582.31982 ........................ 2,851.4 205.7 225.9 208.9 271.1 20.6 –4.5 .0 488.4 354.8 2,766.81983 ........................ 3,070.9 259.8 242.0 226.0 285.3 22.6 –3.2 –.4 529.6 383.7 2,952.21984 ........................ 3,461.3 318.6 268.7 257.5 327.1 30.3 –1.9 .2 607.9 400.1 3,268.91985 ........................ 3,696.3 332.5 286.8 281.4 341.5 35.2 .6 –.2 653.2 424.9 3,496.71986 ........................ 3,871.5 314.1 298.5 303.4 367.1 36.9 .9 .0 694.5 451.0 3,696.01987 ........................ 4,150.0 367.8 317.3 323.1 366.7 34.1 .2 .0 715.8 467.6 3,924.41988 ........................ 4,522.3 426.6 345.0 361.5 385.3 33.6 2.6 .0 767.0 496.5 4,231.21989 ........................ 4,800.5 425.6 371.4 385.2 434.1 39.2 4.9 .0 874.8 542.6 4,557.51990 ........................ 5,059.5 434.4 398.0 410.1 444.2 40.1 1.6 .1 920.8 594.9 4,846.71991 ........................ 5,217.9 457.3 429.6 430.2 418.2 39.9 5.7 –.1 928.6 665.9 5,031.51992 ........................ 5,517.1 496.2 453.3 455.0 387.7 40.7 8.2 –15.8 909.7 745.8 5,347.31993 ........................ 5,784.7 543.7 466.4 477.4 364.6 40.5 8.7 6.4 900.5 790.8 5,568.11994 ........................ 6,181.3 628.2 512.7 508.2 362.2 41.9 9.6 17.6 947.7 826.4 5,874.81995 ........................ 6,522.3 716.2 523.1 532.8 358.3 45.8 13.1 16.4 1,005.4 878.9 6,200.91996 ........................ 6,931.7 801.5 545.5 555.1 371.1 53.8 14.4 3.6 1,080.7 924.1 6,591.61997 ........................ 7,406.0 884.8 577.8 587.2 407.6 51.3 14.1 –2.9 1,165.5 949.2 7,000.71998 ........................ 7,875.6 812.4 603.1 624.7 479.3 65.2 13.3 –.7 1,269.2 977.9 7,525.41999 ........................ 8,358.0 856.3 628.4 661.3 481.4 69.0 14.1 5.2 1,246.8 1,021.6 7,910.82000 ........................ 8,938.9 819.2 662.7 705.8 539.3 87.0 9.1 .0 1,360.7 1,083.0 8,559.42001 ........................ 9,185.2 784.2 669.0 733.2 544.4 101.3 4.0 .0 1,346.0 1,188.1 8,883.32002 ........................ 9,408.5 872.2 721.4 751.5 506.4 82.4 6.3 .0 1,309.6 1,282.1 9,060.12003 ........................ 9,840.2 977.8 757.7 778.9 504.1 76.1 7.0 15.0 1,312.9 1,341.7 9,378.12004 ........................ 10,534.0 1,246.9 817.0 827.3 461.6 81.7 1.2 –15.0 1,408.5 1,415.5 9,937.22005 ........................ 11,273.8 1,456.1 869.3 872.7 543.0 95.9 –3.5 5.0 1,542.0 1,508.6 10,485.92006 ........................ 12,031.2 1,608.3 935.5 921.8 652.2 83.0 –4.2 1.3 1,829.7 1,605.0 11,268.12007 ........................ 12,448.2 1,541.7 974.0 959.3 739.2 102.2 –6.6 –6.3 2,031.5 1,718.0 11,894.12008 ........................ 12,635.2 1,360.4 993.8 990.6 815.1 118.8 –6.9 –5.0 1,994.4 1,875.9 12,238.82009 p ...................... ............... ................. 964.3 973.2 786.2 134.0 –8.1 5.0 1,791.5 2,106.9 12,072.12006: I .................... 11,838.2 1,590.9 916.0 915.4 608.9 82.8 –2.4 –20.0 1,711.1 1,569.0 11,026.7

II ................... 11,965.9 1,597.7 931.9 917.4 654.4 79.3 –3.8 .0 1,817.2 1,597.9 11,204.0III .................. 12,093.0 1,655.1 941.9 920.8 661.6 83.6 –4.7 .0 1,881.3 1,620.7 11,336.9IV .................. 12,227.9 1,589.6 952.1 933.8 684.0 86.1 –6.0 25.0 1,909.0 1,632.4 11,504.8

2007: I .................... 12,253.9 1,535.4 966.0 952.5 690.6 97.8 –8.4 –25.0 1,968.2 1,693.8 11,706.9II ................... 12,421.1 1,594.9 966.9 953.7 711.3 99.0 –6.9 .0 2,022.0 1,699.1 11,823.4III .................. 12,482.2 1,537.1 976.1 958.6 756.0 105.0 –4.9 .0 2,065.8 1,725.5 11,945.6IV .................. 12,635.4 1,499.4 986.8 972.6 798.9 107.0 –6.0 .0 2,069.8 1,753.7 12,100.3

2008: I .................... 12,661.5 1,459.7 989.3 985.3 790.7 114.8 –5.6 .0 2,020.8 1,794.1 12,142.2II ................... 12,664.4 1,403.7 997.9 988.9 809.0 112.6 –6.3 .0 1,997.3 1,937.0 12,292.9III .................. 12,781.0 1,454.6 1,005.7 994.9 806.1 116.0 –6.9 .0 2,001.4 1,874.3 12,286.6IV .................. 12,433.9 1,123.6 982.1 993.3 854.7 131.8 –8.9 –20.0 1,958.1 1,898.0 12,233.5

2009: I .................... 12,208.9 1,182.7 963.2 969.7 826.2 137.9 –10.7 20.0 1,845.5 1,987.3 11,952.7II ................... 12,218.1 1,226.5 964.6 970.9 784.4 145.4 –8.8 .0 1,773.4 2,140.3 12,048.8III .................. 12,349.7 1,358.9 955.4 974.0 759.7 124.8 –6.3 .0 1,763.1 2,137.5 12,083.9IV p ............... ............... ................. 973.8 978.4 774.7 128.1 –6.6 .0 1,784.0 2,162.5 12,203.1

Source: Department of Commerce (Bureau of Economic Analysis).

362 | Appendix B

Table B–28. National income by type of income, 1960–2009[Billions of dollars; quarterly data at seasonally adjusted annual rates]

Year or quarter Nationalincome

Compensation of employeesProprietors’ income with

inventory valuation and capitalconsumption adjustments Rental

incomeof

per-sonswith

capitalcon-

sump-tion

adjust-ment

Total

Wage and salary accruals Supplements towages and salaries

Total Farm Non-farm

Total Govern-ment Other Total

Employercontribu-tions for

employeepension

andinsurance

funds

Employercontribu-tions forgovern-

mentsocialinsur-ance

1960 ...................... 473.9 296.4 272.9 49.2 223.7 23.6 14.3 9.3 50.7 10.6 40.1 17.01961 ...................... 490.7 305.3 280.5 52.5 228.0 24.8 15.2 9.6 53.2 11.2 42.0 17.71962 ...................... 528.9 327.1 299.4 56.3 243.0 27.8 16.6 11.2 55.3 11.2 44.1 18.61963 ...................... 559.7 345.2 314.9 60.0 254.8 30.4 18.0 12.4 56.5 11.0 45.5 19.31964 ...................... 601.4 370.7 337.8 64.9 272.9 32.9 20.3 12.6 59.4 9.8 49.6 19.41965 ...................... 652.2 399.5 363.8 69.9 293.8 35.7 22.7 13.1 63.9 12.0 51.9 19.91966 ...................... 710.1 442.7 400.3 78.4 321.9 42.3 25.5 16.8 68.2 13.0 55.2 20.51967 ...................... 750.4 475.1 429.0 86.5 342.5 46.1 28.1 18.0 69.8 11.6 58.2 20.91968 ...................... 821.2 524.3 472.0 96.7 375.3 52.3 32.4 20.0 74.2 11.7 62.5 20.61969 ...................... 888.5 577.6 518.3 105.6 412.7 59.3 36.5 22.8 77.5 12.8 64.7 20.91970 ...................... 929.5 617.2 551.6 117.2 434.3 65.7 41.8 23.8 78.5 12.9 65.6 21.11971 ...................... 1,005.6 658.9 584.5 126.8 457.8 74.4 47.9 26.4 84.7 13.4 71.3 22.21972 ...................... 1,110.3 725.1 638.8 137.9 500.9 86.4 55.2 31.2 96.0 17.0 79.0 23.11973 ...................... 1,246.1 811.2 708.8 148.8 560.0 102.5 62.7 39.8 113.6 29.1 84.6 23.91974 ...................... 1,341.5 890.2 772.3 160.5 611.8 118.0 73.3 44.7 113.5 23.5 90.0 24.01975 ...................... 1,444.0 949.1 814.8 176.2 638.6 134.3 87.6 46.7 119.6 22.0 97.6 23.41976 ...................... 1,609.8 1,059.3 899.7 188.9 710.8 159.6 105.2 54.4 132.2 17.2 115.0 22.11977 ...................... 1,797.4 1,180.5 994.2 202.6 791.6 186.4 125.3 61.1 146.0 16.0 130.1 19.61978 ...................... 2,027.9 1,335.5 1,120.6 220.0 900.6 214.9 143.4 71.5 167.5 19.9 147.6 20.91979 ...................... 2,248.3 1,498.3 1,253.3 237.1 1,016.2 245.0 162.4 82.6 181.1 22.2 159.0 22.61980 ...................... 2,433.0 1,647.6 1,373.4 261.5 1,112.0 274.2 185.2 88.9 173.5 11.7 161.8 28.51981 ...................... 2,729.8 1,819.7 1,511.4 285.8 1,225.5 308.3 204.7 103.6 181.6 19.0 162.6 36.51982 ...................... 2,851.4 1,919.6 1,587.5 307.5 1,280.0 332.1 222.4 109.8 174.8 13.3 161.5 38.11983 ...................... 3,070.9 2,035.5 1,677.5 324.8 1,352.7 358.0 238.1 119.9 190.7 6.2 184.5 38.21984 ...................... 3,461.3 2,245.4 1,844.9 348.1 1,496.8 400.5 261.5 139.0 233.1 20.9 212.1 40.01985 ...................... 3,696.3 2,411.7 1,982.6 373.9 1,608.7 429.2 281.5 147.7 246.1 21.0 225.1 41.91986 ...................... 3,871.5 2,557.7 2,102.3 397.2 1,705.1 455.3 297.5 157.9 262.6 22.8 239.7 33.81987 ...................... 4,150.0 2,735.6 2,256.3 423.1 1,833.1 479.4 313.1 166.3 294.2 28.9 265.3 34.21988 ...................... 4,522.3 2,954.2 2,439.8 452.0 1,987.7 514.4 329.7 184.6 334.8 26.8 308.0 40.21989 ...................... 4,800.5 3,131.3 2,583.1 481.1 2,101.9 548.3 354.6 193.7 351.6 33.0 318.6 42.41990 ...................... 5,059.5 3,326.3 2,741.2 519.0 2,222.2 585.1 378.6 206.5 365.1 32.2 333.0 49.81991 ...................... 5,217.9 3,438.3 2,814.5 548.8 2,265.7 623.9 408.7 215.1 367.3 27.5 339.8 61.61992 ...................... 5,517.1 3,631.4 2,957.8 572.0 2,385.8 673.6 445.2 228.4 414.9 35.8 379.1 84.61993 ...................... 5,784.7 3,797.1 3,083.0 589.0 2,494.0 714.1 474.4 239.7 449.6 32.0 417.6 114.11994 ...................... 6,181.3 3,998.5 3,248.5 609.5 2,639.0 750.1 495.9 254.1 485.1 35.6 449.5 142.91995 ...................... 6,522.3 4,195.2 3,434.4 629.0 2,805.4 760.8 496.7 264.1 516.0 23.4 492.6 154.61996 ...................... 6,931.7 4,391.4 3,620.0 648.1 2,971.9 771.4 496.6 274.8 583.7 38.4 545.2 170.41997 ...................... 7,406.0 4,665.6 3,873.6 671.8 3,201.8 792.0 502.4 289.6 628.2 32.6 595.6 176.51998 ...................... 7,875.6 5,023.2 4,180.9 701.2 3,479.7 842.3 535.1 307.2 687.5 28.9 658.7 191.51999 ...................... 8,358.0 5,353.9 4,465.2 733.7 3,731.5 888.8 565.4 323.3 746.8 28.5 718.3 208.22000 ...................... 8,938.9 5,788.8 4,827.7 779.7 4,048.0 961.2 615.9 345.2 817.5 29.6 787.8 215.32001 ...................... 9,185.2 5,979.3 4,952.2 821.9 4,130.3 1,027.1 669.1 358.0 870.7 30.5 840.2 232.42002 ...................... 9,408.5 6,110.8 4,997.3 873.1 4,124.2 1,113.5 747.4 366.1 890.3 18.5 871.8 218.72003 ...................... 9,840.2 6,382.6 5,154.6 913.3 4,241.3 1,228.0 845.6 382.4 930.6 36.5 894.1 204.22004 ...................... 10,534.0 6,693.4 5,410.7 952.8 4,457.9 1,282.7 874.6 408.1 1,033.8 49.7 984.1 198.42005 ...................... 11,273.8 7,065.0 5,706.0 991.5 4,714.5 1,359.1 931.6 427.5 1,069.8 43.9 1,025.9 178.22006 ...................... 12,031.2 7,477.0 6,070.1 1,035.2 5,035.0 1,406.9 960.1 446.7 1,133.0 29.3 1,103.6 146.52007 ...................... 12,448.2 7,856.5 6,402.6 1,089.1 5,313.5 1,453.8 993.0 460.8 1,096.4 39.4 1,056.9 144.92008 ...................... 12,635.2 8,037.4 6,540.8 1,141.3 5,399.6 1,496.6 1,023.9 472.7 1,106.3 48.7 1,057.5 210.42009 p .................... ................ 7,841.3 6,335.6 1,182.5 5,153.1 1,505.7 1,043.9 461.8 1,042.3 29.9 1,012.4 268.32006: I .................. 11,838.2 7,353.7 5,958.9 1,019.0 4,939.9 1,394.8 950.7 444.1 1,126.9 28.4 1,098.5 161.3

II ................. 11,965.9 7,419.9 6,018.6 1,028.3 4,990.3 1,401.3 956.8 444.5 1,133.2 28.4 1,104.8 153.2III ................ 12,093.0 7,484.1 6,075.4 1,041.0 5,034.5 1,408.7 962.7 445.9 1,131.2 28.4 1,102.8 140.3IV ................ 12,227.9 7,650.3 6,227.6 1,052.3 5,175.4 1,422.6 970.4 452.2 1,140.6 32.2 1,108.4 131.2

2007: I .................. 12,253.9 7,757.2 6,318.6 1,073.2 5,245.3 1,438.6 980.5 458.1 1,094.2 36.7 1,057.5 121.1II ................. 12,421.1 7,819.7 6,372.2 1,084.2 5,288.0 1,447.5 989.4 458.2 1,096.0 35.7 1,060.3 140.3III ................ 12,482.2 7,869.6 6,412.5 1,093.2 5,319.4 1,457.1 996.9 460.2 1,093.2 37.5 1,055.7 150.2IV ................ 12,635.4 7,979.3 6,507.3 1,105.8 5,401.4 1,472.1 1,005.2 466.9 1,102.1 47.9 1,054.2 168.0

2008: I .................. 12,661.5 8,017.5 6,533.0 1,125.3 5,407.7 1,484.5 1,014.0 470.5 1,115.2 57.2 1,057.9 179.9II ................. 12,664.4 8,032.8 6,539.2 1,136.4 5,402.8 1,493.5 1,021.7 471.8 1,111.9 49.4 1,062.5 202.8III ................ 12,781.0 8,069.1 6,567.7 1,148.5 5,419.2 1,501.4 1,026.7 474.7 1,114.4 49.3 1,065.1 222.2IV ................ 12,433.9 8,030.3 6,523.5 1,154.9 5,368.6 1,506.8 1,033.2 473.6 1,083.6 39.0 1,044.5 236.7

2009: I .................. 12,208.9 7,825.8 6,327.8 1,171.8 5,156.0 1,498.0 1,037.8 460.2 1,037.8 27.3 1,010.5 245.9II ................. 12,218.1 7,815.9 6,313.1 1,184.4 5,128.8 1,502.8 1,042.0 460.8 1,028.0 28.9 999.1 262.0III ................ 12,349.7 7,841.5 6,333.2 1,184.8 5,148.4 1,508.3 1,046.1 462.2 1,037.9 25.8 1,012.0 277.9IV p ............. ............... 7,882.1 6,368.2 1,189.0 5,179.2 1,513.8 1,049.8 464.1 1,065.5 37.4 1,028.1 287.4

See next page for continuation of table.

National Income or Expenditure | 363

Table B–28. National income by type of income, 1960–2009—Continued[Billions of dollars; quarterly data at seasonally adjusted annual rates]

Year or quarter

Corporate profits with inventory valuation and capital consumption adjustments

Netinterest

andmiscel-laneous

pay-ments

Taxeson

produc-tionand

imports

Less:Sub-

sidies

Busi-ness

currenttransfer

pay-ments(net)

Currentsurplus

ofgovern-mententer-prises

Total

Profits with inventory valuation adjustment andwithout capital consumption adjustment

Capitalcon-

sump-tion

adjust-ment

Total

ProfitsInven-tory

valua-tion

adjust-ment

Profitsbefore

tax

Taxeson

corpo-rate

income

Profits after tax

TotalNetdivi-

dends

Undis-tributedprofits

1960 ...................... 53.1 51.5 51.6 22.8 28.8 13.4 15.5 –0.2 1.6 10.6 44.5 1.1 1.9 0.91961 ...................... 54.2 51.8 51.6 22.9 28.7 13.9 14.8 .3 2.3 12.5 47.0 2.0 2.0 .81962 ...................... 62.3 57.0 57.0 24.1 32.9 15.0 17.9 .0 5.3 14.2 50.4 2.3 2.2 .91963 ...................... 68.3 62.1 62.1 26.4 35.7 16.2 19.5 .1 6.2 15.2 53.4 2.2 2.7 1.41964 ...................... 75.5 68.6 69.1 28.2 40.9 18.2 22.7 –.5 6.9 17.4 57.3 2.7 3.1 1.31965 ...................... 86.5 78.9 80.2 31.1 49.1 20.2 28.9 –1.2 7.6 19.6 60.7 3.0 3.6 1.31966 ...................... 92.5 84.6 86.7 33.9 52.8 20.7 32.1 –2.1 8.0 22.4 63.2 3.9 3.5 1.01967 ...................... 90.2 82.0 83.5 32.9 50.6 21.5 29.1 –1.6 8.2 25.5 67.9 3.8 3.8 .91968 ...................... 97.3 88.8 92.4 39.6 52.8 23.5 29.3 –3.7 8.5 27.1 76.4 4.2 4.3 1.21969 ...................... 94.5 85.5 91.4 40.0 51.4 24.2 27.2 –5.9 9.0 32.7 83.9 4.5 4.9 1.01970 ...................... 82.5 74.4 81.0 34.8 46.2 24.3 21.9 –6.6 8.1 39.1 91.4 4.8 4.5 .01971 ...................... 96.1 88.3 92.9 38.2 54.7 25.0 29.7 –4.6 7.8 43.9 100.5 4.7 4.3 –.21972 ...................... 111.4 101.6 108.2 42.3 65.9 26.8 39.0 –6.6 9.8 47.9 107.9 6.6 4.9 .51973 ...................... 124.5 115.4 135.0 50.0 85.0 29.9 55.1 –19.6 9.1 55.2 117.2 5.2 6.0 –.41974 ...................... 115.1 109.6 147.8 52.8 95.0 33.2 61.8 –38.2 5.6 70.8 124.9 3.3 7.1 –.91975 ...................... 133.3 135.0 145.5 51.6 93.9 33.0 60.9 –10.5 –1.7 81.6 135.3 4.5 9.4 –3.21976 ...................... 161.6 165.6 179.7 65.3 114.5 39.0 75.4 –14.1 –4.0 85.5 146.4 5.1 9.5 –1.81977 ...................... 191.8 194.8 210.5 74.4 136.1 44.8 91.3 –15.7 –3.0 101.1 159.7 7.1 8.5 –2.71978 ...................... 218.4 222.4 246.1 84.9 161.3 50.8 110.5 –23.7 –4.0 115.0 170.9 8.9 10.8 –2.21979 ...................... 225.4 232.0 272.1 90.0 182.1 57.5 124.6 –40.1 –6.6 138.9 180.1 8.5 13.3 –2.91980 ...................... 201.4 211.4 253.5 87.2 166.4 64.1 102.3 –42.1 –10.0 181.8 200.3 9.8 14.7 –5.11981 ...................... 223.3 219.1 243.7 84.3 159.4 73.8 85.6 –24.6 4.2 232.3 235.6 11.5 17.9 –5.61982 ...................... 205.7 191.1 198.6 66.5 132.1 77.7 54.4 –7.5 14.6 271.1 240.9 15.0 20.6 –4.51983 ...................... 259.8 226.6 234.0 80.6 153.4 83.5 69.9 –7.4 33.3 285.3 263.3 21.3 22.6 –3.21984 ...................... 318.6 264.6 268.6 97.5 171.1 90.8 80.3 –4.0 54.0 327.1 289.8 21.1 30.3 –1.91985 ...................... 332.5 257.5 257.5 99.4 158.1 97.6 60.5 .0 75.1 341.5 308.1 21.4 35.2 .61986 ...................... 314.1 253.0 246.0 109.7 136.3 106.2 30.1 7.1 61.1 367.1 323.4 24.9 36.9 .91987 ...................... 367.8 306.9 323.1 130.4 192.7 112.3 80.3 –16.2 61.0 366.7 347.5 30.3 34.1 .21988 ...................... 426.6 367.7 389.9 141.6 248.3 129.9 118.4 –22.2 58.9 385.3 374.5 29.5 33.6 2.61989 ...................... 425.6 374.1 390.5 146.1 244.4 158.0 86.4 –16.3 51.5 434.1 398.9 27.4 39.2 4.91990 ...................... 434.4 398.8 411.7 145.4 266.3 169.1 97.2 –12.9 35.7 444.2 425.0 27.0 40.1 1.61991 ...................... 457.3 430.3 425.4 138.6 286.8 180.7 106.1 4.9 27.0 418.2 457.1 27.5 39.9 5.71992 ...................... 496.2 471.6 474.4 148.7 325.7 188.0 137.7 –2.8 24.6 387.7 483.4 30.1 40.7 8.21993 ...................... 543.7 515.0 519.0 171.0 348.0 202.9 145.1 –4.0 28.7 364.6 503.1 36.7 40.5 8.71994 ...................... 628.2 586.6 599.0 193.1 405.9 235.7 170.2 –12.4 41.6 362.2 545.2 32.5 41.9 9.61995 ...................... 716.2 666.0 684.3 217.8 466.5 254.4 212.1 –18.3 50.2 358.3 557.9 34.8 45.8 13.11996 ...................... 801.5 743.8 740.7 231.5 509.3 297.7 211.5 3.1 57.7 371.1 580.8 35.2 53.8 14.41997 ...................... 884.8 815.9 801.8 245.4 556.3 331.2 225.1 14.1 69.0 407.6 611.6 33.8 51.3 14.11998 ...................... 812.4 738.6 722.9 248.4 474.5 351.5 123.1 15.7 73.8 479.3 639.5 36.4 65.2 13.31999 ...................... 856.3 776.6 780.5 258.8 521.7 337.4 184.3 –4.0 79.7 481.4 673.6 45.2 69.0 14.12000 ...................... 819.2 755.7 772.5 265.1 507.4 377.9 129.5 –16.8 63.6 539.3 708.6 45.8 87.0 9.12001 ...................... 784.2 720.8 712.7 203.3 509.4 370.9 138.5 8.0 63.4 544.4 727.7 58.7 101.3 4.02002 ...................... 872.2 762.8 765.3 192.3 573.0 399.3 173.8 –2.6 109.4 506.4 762.8 41.4 82.4 6.32003 ...................... 977.8 892.2 903.5 243.8 659.7 424.9 234.8 –11.3 85.6 504.1 806.8 49.1 76.1 7.02004 ...................... 1,246.9 1,195.1 1,229.4 306.1 923.3 550.3 373.0 –34.3 51.8 461.6 863.4 46.4 81.7 1.22005 ...................... 1,456.1 1,609.5 1,640.2 412.4 1,227.8 557.3 670.5 –30.7 –153.4 543.0 930.2 60.9 95.9 –3.52006 ...................... 1,608.3 1,784.7 1,822.7 473.3 1,349.5 704.8 644.7 –38.0 –176.4 652.2 986.8 51.4 83.0 –4.22007 ...................... 1,541.7 1,730.4 1,774.4 451.5 1,322.8 767.8 555.1 –44.0 –188.7 739.2 1,028.7 54.8 102.2 –6.62008 ...................... 1,360.4 1,424.5 1,462.7 292.2 1,170.6 689.9 480.7 –38.2 –64.1 815.1 1,047.3 53.5 118.8 –6.92009 p .................... ............. ............. ............. ............. ............. 576.1 ............. ............. –127.7 786.2 1,023.9 59.7 134.0 –8.12006: I .................. 1,590.9 1,781.9 1,815.3 460.7 1,354.6 646.4 708.2 –33.4 –191.0 608.9 971.5 55.6 82.8 –2.4

II ................. 1,597.7 1,771.4 1,819.8 475.1 1,344.7 691.1 653.6 –48.4 –173.7 654.4 983.3 51.4 79.3 –3.8III ................ 1,655.1 1,822.8 1,865.1 496.6 1,368.5 727.1 641.4 –42.3 –167.7 661.6 991.6 49.8 83.6 –4.7IV ................ 1,589.6 1,762.7 1,790.7 460.7 1,330.0 754.5 575.5 –28.0 –173.2 684.0 1,000.7 48.7 86.1 –6.0

2007: I .................. 1,535.4 1,705.4 1,747.6 469.5 1,278.1 772.6 505.5 –42.2 –170.0 690.6 1,015.3 49.2 97.8 –8.4II ................. 1,594.9 1,779.1 1,808.6 466.5 1,342.1 778.1 564.0 –29.5 –184.2 711.3 1,025.2 58.3 99.0 –6.9III ................ 1,537.1 1,732.9 1,758.2 440.0 1,318.2 770.6 547.6 –25.3 –195.8 756.0 1,032.2 56.0 105.0 –4.9IV ................ 1,499.4 1,704.1 1,783.1 430.1 1,353.0 749.9 603.2 –79.0 –204.7 798.9 1,042.3 55.4 107.0 –6.0

2008: I .................. 1,459.7 1,512.9 1,620.8 323.2 1,297.6 719.4 578.2 –107.9 –53.2 790.7 1,042.5 53.1 114.8 –5.6II ................. 1,403.7 1,463.8 1,593.5 317.5 1,276.0 693.7 582.3 –129.6 –60.1 809.0 1,050.8 52.9 112.6 –6.3III ................ 1,454.6 1,522.2 1,576.6 304.8 1,271.9 676.6 595.3 –54.5 –67.6 806.1 1,058.5 52.9 116.0 –6.9IV ................ 1,123.6 1,199.3 1,060.1 223.3 836.8 669.9 166.9 139.2 –75.6 854.7 1,037.3 55.2 131.8 –8.9

2009: I .................. 1,182.7 1,327.6 1,246.5 270.3 976.1 618.1 358.0 81.1 –144.9 826.2 1,018.8 55.5 137.9 –10.7II ................. 1,226.5 1,355.1 1,337.1 305.9 1,031.1 556.0 475.1 18.1 –128.6 784.4 1,019.6 54.9 145.4 –8.8III ................ 1,358.9 1,477.8 1,495.0 321.0 1,173.9 549.9 624.1 –17.1 –118.9 759.7 1,023.1 67.7 124.8 –6.3IV p ............. ............. ............. .............. .............. ............. 580.5 ............. ............. –118.3 774.7 1,034.3 60.5 128.1 –6.6

Source: Department of Commerce (Bureau of Economic Analysis).

364 | Appendix B

Table B–29. Sources of personal income, 1960–2009[Billions of dollars; quarterly data at seasonally adjusted annual rates]

Year or quarter Personalincome

Compensation of employees, receivedProprietors’ income with

inventory valuation and capitalconsumption adjustments Rental

incomeof

personswith

capitalcon-

sump-tion

adjust-ment

Total

Wage and salarydisbursements

Supplements towages and salaries

Total Farm Non-farm

TotalPrivateindus-tries

Govern-ment Total

Employercontribu-tions for

employeepension

andinsurance

funds

Employercontribu-tions forgovern-mentsocial

insurance

1960 ...................... 411.3 296.4 272.9 223.7 49.2 23.6 14.3 9.3 50.7 10.6 40.1 17.01961 ...................... 428.8 305.3 280.5 228.0 52.5 24.8 15.2 9.6 53.2 11.2 42.0 17.71962 ...................... 456.4 327.1 299.4 243.0 56.3 27.8 16.6 11.2 55.3 11.2 44.1 18.61963 ...................... 479.5 345.2 314.9 254.8 60.0 30.4 18.0 12.4 56.5 11.0 45.5 19.31964 ...................... 514.3 370.7 337.8 272.9 64.9 32.9 20.3 12.6 59.4 9.8 49.6 19.41965 ...................... 555.5 399.5 363.8 293.8 69.9 35.7 22.7 13.1 63.9 12.0 51.9 19.91966 ...................... 603.8 442.7 400.3 321.9 78.4 42.3 25.5 16.8 68.2 13.0 55.2 20.51967 ...................... 648.1 475.1 429.0 342.5 86.5 46.1 28.1 18.0 69.8 11.6 58.2 20.91968 ...................... 711.7 524.3 472.0 375.3 96.7 52.3 32.4 20.0 74.2 11.7 62.5 20.61969 ...................... 778.3 577.6 518.3 412.7 105.6 59.3 36.5 22.8 77.5 12.8 64.7 20.91970 ...................... 838.6 617.2 551.6 434.3 117.2 65.7 41.8 23.8 78.5 12.9 65.6 21.11971 ...................... 903.1 658.3 584.0 457.4 126.6 74.4 47.9 26.4 84.7 13.4 71.3 22.21972 ...................... 992.6 725.1 638.8 501.2 137.6 86.4 55.2 31.2 96.0 17.0 79.0 23.11973 ...................... 1,110.5 811.3 708.8 560.0 148.8 102.5 62.7 39.8 113.6 29.1 84.6 23.91974 ...................... 1,222.7 890.7 772.8 611.8 161.0 118.0 73.3 44.7 113.5 23.5 90.0 24.01975 ...................... 1,334.9 949.0 814.7 638.6 176.1 134.3 87.6 46.7 119.6 22.0 97.6 23.41976 ...................... 1,474.7 1,059.2 899.6 710.8 188.8 159.6 105.2 54.4 132.2 17.2 115.0 22.11977 ...................... 1,632.5 1,180.4 994.1 791.6 202.5 186.4 125.3 61.1 146.0 16.0 130.1 19.61978 ...................... 1,836.7 1,335.2 1,120.3 900.6 219.7 214.9 143.4 71.5 167.5 19.9 147.6 20.91979 ...................... 2,059.5 1,498.5 1,253.5 1,016.2 237.3 245.0 162.4 82.6 181.1 22.2 159.0 22.61980 ...................... 2,301.5 1,647.6 1,373.5 1,112.0 261.5 274.2 185.2 88.9 173.5 11.7 161.8 28.51981 ...................... 2,582.3 1,819.6 1,511.3 1,225.5 285.8 308.3 204.7 103.6 181.6 19.0 162.6 36.51982 ...................... 2,766.8 1,919.6 1,587.5 1,280.0 307.5 332.1 222.4 109.8 174.8 13.3 161.5 38.11983 ...................... 2,952.2 2,036.0 1,678.0 1,352.7 325.2 358.0 238.1 119.9 190.7 6.2 184.5 38.21984 ...................... 3,268.9 2,245.2 1,844.7 1,496.8 347.9 400.5 261.5 139.0 233.1 20.9 212.1 40.01985 ...................... 3,496.7 2,412.0 1,982.8 1,608.7 374.1 429.2 281.5 147.7 246.1 21.0 225.1 41.91986 ...................... 3,696.0 2,557.7 2,102.3 1,705.1 397.2 455.3 297.5 157.9 262.6 22.8 239.7 33.81987 ...................... 3,924.4 2,735.6 2,256.3 1,833.1 423.1 479.4 313.1 166.3 294.2 28.9 265.3 34.21988 ...................... 4,231.2 2,954.2 2,439.8 1,987.7 452.0 514.4 329.7 184.6 334.8 26.8 308.0 40.21989 ...................... 4,557.5 3,131.3 2,583.1 2,101.9 481.1 548.3 354.6 193.7 351.6 33.0 318.6 42.41990 ...................... 4,846.7 3,326.2 2,741.1 2,222.2 519.0 585.1 378.6 206.5 365.1 32.2 333.0 49.81991 ...................... 5,031.5 3,438.4 2,814.5 2,265.7 548.8 623.9 408.7 215.1 367.3 27.5 339.8 61.61992 ...................... 5,347.3 3,647.2 2,973.5 2,401.5 572.0 673.6 445.2 228.4 414.9 35.8 379.1 84.61993 ...................... 5,568.1 3,790.6 3,076.6 2,487.6 589.0 714.1 474.4 239.7 449.6 32.0 417.6 114.11994 ...................... 5,874.8 3,980.9 3,230.8 2,621.3 609.5 750.1 495.9 254.1 485.1 35.6 449.5 142.91995 ...................... 6,200.9 4,178.8 3,418.0 2,789.0 629.0 760.8 496.7 264.1 516.0 23.4 492.6 154.61996 ...................... 6,591.6 4,387.7 3,616.3 2,968.3 648.1 771.4 496.6 274.8 583.7 38.4 545.2 170.41997 ...................... 7,000.7 4,668.6 3,876.6 3,204.8 671.8 792.0 502.4 289.6 628.2 32.6 595.6 176.51998 ...................... 7,525.4 5,023.9 4,181.6 3,480.4 701.2 842.3 535.1 307.2 687.5 28.9 658.7 191.51999 ...................... 7,910.8 5,348.8 4,460.0 3,726.3 733.7 888.8 565.4 323.3 746.8 28.5 718.3 208.22000 ...................... 8,559.4 5,788.8 4,827.7 4,048.0 779.7 961.2 615.9 345.2 817.5 29.6 787.8 215.32001 ...................... 8,883.3 5,979.3 4,952.2 4,130.3 821.9 1,027.1 669.1 358.0 870.7 30.5 840.2 232.42002 ...................... 9,060.1 6,110.8 4,997.3 4,124.2 873.1 1,113.5 747.4 366.1 890.3 18.5 871.8 218.72003 ...................... 9,378.1 6,367.6 5,139.6 4,226.3 913.3 1,228.0 845.6 382.4 930.6 36.5 894.1 204.22004 ...................... 9,937.2 6,708.4 5,425.7 4,472.9 952.8 1,282.7 874.6 408.1 1,033.8 49.7 984.1 198.42005 ...................... 10,485.9 7,060.0 5,701.0 4,709.5 991.5 1,359.1 931.6 427.5 1,069.8 43.9 1,025.9 178.22006 ...................... 11,268.1 7,475.7 6,068.9 5,033.7 1,035.2 1,406.9 960.1 446.7 1,133.0 29.3 1,103.6 146.52007 ...................... 11,894.1 7,862.7 6,408.9 5,319.8 1,089.1 1,453.8 993.0 460.8 1,096.4 39.4 1,056.9 144.92008 ...................... 12,238.8 8,042.4 6,545.9 5,404.6 1,141.3 1,496.6 1,023.9 472.7 1,106.3 48.7 1,057.5 210.42009 p .................... 12,072.1 7,836.3 6,330.6 5,148.1 1,182.5 1,505.7 1,043.9 461.8 1,042.3 29.9 1,012.4 268.32006: I .................. 11,026.7 7,373.7 5,978.9 4,959.9 1,019.0 1,394.8 950.7 444.1 1,126.9 28.4 1,098.5 161.3

II ................. 11,204.0 7,419.9 6,018.6 4,990.3 1,028.3 1,401.3 956.8 444.5 1,133.2 28.4 1,104.8 153.2III ................ 11,336.9 7,484.1 6,075.4 5,034.5 1,041.0 1,408.7 962.7 445.9 1,131.2 28.4 1,102.8 140.3IV ................ 11,504.8 7,625.3 6,202.6 5,150.4 1,052.3 1,422.6 970.4 452.2 1,140.6 32.2 1,108.4 131.2

2007: I .................. 11,706.9 7,782.2 6,343.6 5,270.3 1,073.2 1,438.6 980.5 458.1 1,094.2 36.7 1,057.5 121.1II ................. 11,823.4 7,819.7 6,372.2 5,288.0 1,084.2 1,447.5 989.4 458.2 1,096.0 35.7 1,060.3 140.3III ................ 11,945.6 7,869.6 6,412.5 5,319.4 1,093.2 1,457.1 996.9 460.2 1,093.2 37.5 1,055.7 150.2IV ................ 12,100.3 7,979.3 6,507.3 5,401.4 1,105.8 1,472.1 1,005.2 466.9 1,102.1 47.9 1,054.2 168.0

2008: I .................. 12,142.2 8,017.5 6,533.0 5,407.7 1,125.3 1,484.5 1,014.0 470.5 1,115.2 57.2 1,057.9 179.9II ................. 12,292.9 8,032.8 6,539.2 5,402.8 1,136.4 1,493.5 1,021.7 471.8 1,111.9 49.4 1,062.5 202.8III ................ 12,286.6 8,069.1 6,567.7 5,419.2 1,148.5 1,501.4 1,026.7 474.7 1,114.4 49.3 1,065.1 222.2IV ................ 12,233.5 8,050.3 6,543.5 5,388.6 1,154.9 1,506.8 1,033.2 473.6 1,083.6 39.0 1,044.5 236.7

2009: I .................. 11,952.7 7,805.8 6,307.8 5,136.0 1,171.8 1,498.0 1,037.8 460.2 1,037.8 27.3 1,010.5 245.9II ................. 12,048.8 7,815.9 6,313.1 5,128.8 1,184.4 1,502.8 1,042.0 460.8 1,028.0 28.9 999.1 262.0III ................ 12,083.9 7,841.5 6,333.2 5,148.4 1,184.8 1,508.3 1,046.1 462.2 1,037.9 25.8 1,012.0 277.9IV p ............. 12,203.1 7,882.1 6,368.2 5,179.2 1,189.0 1,513.8 1,049.8 464.1 1,065.5 37.4 1,028.1 287.4

See next page for continuation of table.

National Income or Expenditure | 365

Table B–29. Sources of personal income, 1960–2009—Continued[Billions of dollars; quarterly data at seasonally adjusted annual rates]

Year or quarter

Personal income receiptson assets Personal current transfer receipts

Less:Contribu-

tionsfor

govern-mentsocial

insurance,domestic

TotalPersonalinterestincome

Personaldividendincome

Total

Government social benefits to personsOther

currenttransferreceipts,

frombusiness

(net)

Total

Old-age,survivors,disability,

andhealth

insurancebenefits

Govern-ment un-employ-

mentinsur-ance

benefits

Veteransbenefits

Familyassis-tance 1

Other

1960 ...................... 37.9 24.5 13.4 25.7 24.4 11.1 3.0 4.6 1.0 4.7 1.3 16.41961 ...................... 40.1 26.2 13.9 29.5 28.1 12.6 4.3 5.0 1.1 5.1 1.4 17.01962 ...................... 44.1 29.1 15.0 30.4 28.8 14.3 3.1 4.7 1.3 5.5 1.5 19.11963 ...................... 47.9 31.7 16.2 32.2 30.3 15.2 3.0 4.8 1.4 5.9 1.9 21.71964 ...................... 53.8 35.6 18.2 33.5 31.3 16.0 2.7 4.7 1.5 6.4 2.2 22.41965 ...................... 59.4 39.2 20.2 36.2 33.9 18.1 2.3 4.9 1.7 7.0 2.3 23.41966 ...................... 64.1 43.4 20.7 39.6 37.5 20.8 1.9 4.9 1.9 8.1 2.1 31.31967 ...................... 69.0 47.5 21.5 48.0 45.8 25.8 2.2 5.6 2.3 9.9 2.3 34.91968 ...................... 75.2 51.6 23.5 56.1 53.3 30.5 2.1 5.9 2.8 11.9 2.8 38.71969 ...................... 84.1 59.9 24.2 62.3 59.0 33.1 2.2 6.7 3.5 13.4 3.3 44.11970 ...................... 93.5 69.2 24.3 74.7 71.7 38.6 4.0 7.7 4.8 16.6 2.9 46.41971 ...................... 101.0 75.9 25.0 88.1 85.4 44.7 5.8 8.8 6.2 20.0 2.7 51.21972 ...................... 109.6 82.8 26.8 97.9 94.8 49.8 5.7 9.7 6.9 22.7 3.1 59.21973 ...................... 124.7 94.8 29.9 112.6 108.6 60.9 4.4 10.4 7.2 25.7 3.9 75.51974 ...................... 146.4 113.2 33.2 133.3 128.6 70.3 6.8 11.8 8.0 31.7 4.7 85.21975 ...................... 162.2 129.3 32.9 170.0 163.1 81.5 17.6 14.5 9.3 40.2 6.8 89.31976 ...................... 178.4 139.5 39.0 184.0 177.3 93.3 15.8 14.4 10.1 43.7 6.7 101.31977 ...................... 205.3 160.6 44.7 194.2 189.1 105.3 12.7 13.8 10.6 46.7 5.1 113.11978 ...................... 234.8 184.0 50.7 209.6 203.2 116.9 9.1 13.9 10.8 52.5 6.5 131.31979 ...................... 274.7 217.3 57.4 235.3 227.1 132.5 9.4 14.4 11.1 59.6 8.2 152.71980 ...................... 338.7 274.7 64.0 279.5 270.8 154.8 15.7 15.0 12.5 72.8 8.6 166.21981 ...................... 421.9 348.3 73.6 318.4 307.2 182.1 15.6 16.1 13.1 80.2 11.2 195.71982 ...................... 488.4 410.8 77.6 354.8 342.4 204.6 25.1 16.4 12.9 83.4 12.4 208.91983 ...................... 529.6 446.3 83.3 383.7 369.9 222.2 26.2 16.6 13.8 91.0 13.8 226.01984 ...................... 607.9 517.2 90.6 400.1 380.4 237.8 15.9 16.4 14.5 95.9 19.7 257.51985 ...................... 653.2 555.8 97.4 424.9 402.6 253.0 15.7 16.7 15.2 102.0 22.3 281.41986 ...................... 694.5 588.4 106.0 451.0 428.0 268.9 16.3 16.7 16.1 109.9 22.9 303.41987 ...................... 715.8 603.6 112.2 467.6 447.4 282.6 14.5 16.6 16.4 117.3 20.2 323.11988 ...................... 767.0 637.3 129.7 496.5 475.9 300.2 13.2 16.9 16.9 128.7 20.6 361.51989 ...................... 874.8 717.0 157.8 542.6 519.4 325.6 14.3 17.3 17.5 144.8 23.2 385.21990 ...................... 920.8 751.9 168.8 594.9 572.7 351.8 18.0 17.8 19.2 165.9 22.2 410.11991 ...................... 928.6 748.2 180.3 665.9 648.2 381.7 26.6 18.3 21.1 200.5 17.6 430.21992 ...................... 909.7 722.2 187.6 745.8 729.5 414.4 38.9 19.3 22.2 234.6 16.3 455.01993 ...................... 900.5 698.1 202.3 790.8 776.7 444.7 34.1 20.0 22.8 255.0 14.1 477.41994 ...................... 947.7 712.7 235.0 826.4 813.1 476.6 23.5 20.1 23.2 269.7 13.3 508.21995 ...................... 1,005.4 751.9 253.4 878.9 860.2 508.9 21.4 20.9 22.6 286.4 18.7 532.81996 ...................... 1,080.7 784.4 296.4 924.1 901.2 536.9 22.0 21.7 20.3 300.3 22.9 555.11997 ...................... 1,165.5 835.8 329.7 949.2 929.8 563.5 19.9 22.6 17.9 306.0 19.4 587.21998 ...................... 1,269.2 919.3 349.8 977.9 951.9 574.7 19.5 23.5 17.4 316.8 26.0 624.71999 ...................... 1,246.8 910.9 335.9 1,021.6 987.6 588.6 20.3 24.3 17.9 336.4 34.0 661.32000 ...................... 1,360.7 984.2 376.5 1,083.0 1,040.6 620.5 20.6 25.2 18.4 355.9 42.4 705.82001 ...................... 1,346.0 976.5 369.5 1,188.1 1,141.3 667.7 31.7 26.8 18.1 397.1 46.8 733.22002 ...................... 1,309.6 911.9 397.7 1,282.1 1,247.9 706.1 53.2 29.8 17.7 441.1 34.2 751.52003 ...................... 1,312.9 889.8 423.1 1,341.7 1,316.0 740.4 52.8 32.2 18.4 472.3 25.7 778.92004 ...................... 1,408.5 860.2 548.3 1,415.5 1,398.6 790.2 36.0 34.5 18.4 519.6 16.9 827.32005 ...................... 1,542.0 987.0 555.0 1,508.6 1,482.7 844.7 31.3 36.8 18.2 551.7 25.8 872.72006 ...................... 1,829.7 1,127.5 702.2 1,605.0 1,583.6 943.3 29.9 39.3 18.2 552.9 21.4 921.82007 ...................... 2,031.5 1,266.4 765.1 1,718.0 1,687.8 1,003.7 32.3 42.1 18.5 591.2 30.2 959.32008 ...................... 1,994.4 1,308.0 686.4 1,875.9 1,843.2 1,070.3 50.6 45.6 18.9 657.9 32.6 990.62009 p .................... 1,791.5 1,236.9 554.6 2,106.9 2,074.2 1,156.7 120.3 51.5 19.8 725.9 32.7 973.22006: I .................. 1,711.1 1,067.2 643.9 1,569.0 1,547.3 917.5 29.6 38.9 18.2 543.1 21.7 915.4

II ................. 1,817.2 1,128.7 688.5 1,597.9 1,578.0 941.6 29.4 39.2 18.2 549.6 19.8 917.4III ................ 1,881.3 1,156.8 724.5 1,620.7 1,600.1 950.7 30.4 39.5 18.2 561.3 20.6 920.8IV ................ 1,909.0 1,157.2 751.9 1,632.4 1,609.1 963.4 30.3 39.7 18.3 557.4 23.3 933.8

2007: I .................. 1,968.2 1,198.3 769.9 1,693.8 1,666.7 981.0 31.4 41.0 18.4 595.0 27.1 952.5II ................. 2,022.0 1,246.5 775.5 1,699.1 1,669.3 998.2 31.2 42.0 18.4 579.5 29.8 953.7III ................ 2,065.8 1,297.9 767.9 1,725.5 1,693.9 1,012.7 32.8 42.2 18.5 587.7 31.6 958.6IV ................ 2,069.8 1,322.8 747.0 1,753.7 1,721.2 1,023.1 33.9 43.0 18.6 602.7 32.4 972.6

2008: I .................. 2,020.8 1,304.6 716.2 1,794.1 1,761.5 1,049.1 35.7 44.8 18.6 613.3 32.6 985.3II ................. 1,997.3 1,306.6 690.7 1,937.0 1,904.4 1,064.5 38.7 45.0 18.8 737.5 32.6 988.9III ................ 2,001.4 1,327.8 673.7 1,874.3 1,841.7 1,080.5 57.7 46.1 18.9 638.5 32.6 994.9IV ................ 1,958.1 1,292.9 665.2 1,898.0 1,865.3 1,087.0 70.3 46.5 19.2 642.3 32.7 993.3

2009: I .................. 1,845.5 1,243.4 602.1 1,987.3 1,954.7 1,128.5 96.2 50.3 19.5 660.4 32.5 969.7II ................. 1,773.4 1,241.1 532.3 2,140.3 2,107.7 1,151.1 122.5 50.5 19.7 763.9 32.7 970.9III ................ 1,763.1 1,234.9 528.2 2,137.5 2,104.7 1,165.8 135.7 52.0 19.9 731.2 32.8 974.0IV p ............. 1,784.0 1,228.2 555.8 2,162.5 2,129.6 1,181.5 126.7 53.3 20.1 748.1 32.9 978.4

1 Consists of aid to families with dependent children and, beginning in 1996, assistance programs operating under the Personal Responsibility and WorkOpportunity Reconciliation Act of 1996.

Source: Department of Commerce (Bureau of Economic Analysis).

366 | Appendix B

Table B–30. Disposition of personal income, 1960–2009[Billions of dollars, except as noted; quarterly data at seasonally adjusted annual rates]

Year or quarter Personalincome

Less:Personalcurrenttaxes

Equals:Dispos-

ablepersonalincome

Less: Personal outlays

Equals:Personalsaving

Percent of disposablepersonal income 2

Total

Personalconsump-

tionexpendi-

tures

Personalinterest

pay-ments 1

Personalcurrenttransfer

payments

Personal outlays

PersonalsavingTotal

Personalconsump-

tionexpendi-

tures

1960 ...................... 411.3 46.1 365.2 338.9 331.8 6.2 0.8 26.3 92.8 90.9 7.21961 ...................... 428.8 47.3 381.6 349.7 342.2 6.5 1.0 31.9 91.6 89.7 8.41962 ...................... 456.4 51.6 404.9 371.4 363.3 7.0 1.1 33.5 91.7 89.7 8.31963 ...................... 479.5 54.6 425.0 391.8 382.7 7.9 1.2 33.1 92.2 90.0 7.81964 ...................... 514.3 52.1 462.3 421.7 411.5 8.9 1.3 40.5 91.2 89.0 8.81965 ...................... 555.5 57.7 497.8 455.1 443.8 9.9 1.4 42.7 91.4 89.2 8.61966 ...................... 603.8 66.4 537.4 493.1 480.9 10.7 1.6 44.3 91.8 89.5 8.21967 ...................... 648.1 73.0 575.1 520.9 507.8 11.1 2.0 54.2 90.6 88.3 9.41968 ...................... 711.7 87.0 624.7 572.2 558.0 12.2 2.0 52.5 91.6 89.3 8.41969 ...................... 778.3 104.5 673.8 621.4 605.1 14.0 2.2 52.5 92.2 89.8 7.81970 ...................... 838.6 103.1 735.5 666.1 648.3 15.2 2.6 69.4 90.6 88.1 9.41971 ...................... 903.1 101.7 801.4 721.0 701.6 16.6 2.8 80.4 90.0 87.5 10.01972 ...................... 992.6 123.6 869.0 791.5 770.2 18.1 3.2 77.5 91.1 88.6 8.91973 ...................... 1,110.5 132.4 978.1 875.2 852.0 19.8 3.4 102.9 89.5 87.1 10.51974 ...................... 1,222.7 151.0 1,071.7 957.5 932.9 21.2 3.4 114.2 89.3 87.0 10.71975 ...................... 1,334.9 147.6 1,187.3 1,061.3 1,033.8 23.7 3.8 125.9 89.4 87.1 10.61976 ...................... 1,474.7 172.3 1,302.3 1,179.6 1,151.3 23.9 4.4 122.8 90.6 88.4 9.41977 ...................... 1,632.5 197.5 1,435.0 1,309.7 1,277.8 27.0 4.8 125.3 91.3 89.0 8.71978 ...................... 1,836.7 229.4 1,607.3 1,465.0 1,427.6 31.9 5.4 142.4 91.1 88.8 8.91979 ...................... 2,059.5 268.7 1,790.9 1,633.4 1,591.2 36.2 6.0 157.5 91.2 88.8 8.81980 ...................... 2,301.5 298.9 2,002.7 1,806.4 1,755.8 43.6 6.9 196.3 90.2 87.7 9.81981 ...................... 2,582.3 345.2 2,237.1 2,000.4 1,939.5 49.3 11.5 236.7 89.4 86.7 10.61982 ...................... 2,766.8 354.1 2,412.7 2,148.8 2,075.5 59.5 13.8 263.9 89.1 86.0 10.91983 ...................... 2,952.2 352.3 2,599.8 2,372.9 2,288.6 69.2 15.1 226.9 91.3 88.0 8.71984 ...................... 3,268.9 377.4 2,891.5 2,595.2 2,501.1 77.0 17.1 296.3 89.8 86.5 10.21985 ...................... 3,496.7 417.3 3,079.3 2,825.7 2,717.6 89.4 18.8 253.6 91.8 88.3 8.21986 ...................... 3,696.0 437.2 3,258.8 3,012.4 2,896.7 94.5 21.1 246.5 92.4 88.9 7.61987 ...................... 3,924.4 489.1 3,435.3 3,211.9 3,097.0 91.7 23.2 223.4 93.5 90.2 6.51988 ...................... 4,231.2 504.9 3,726.3 3,469.7 3,350.1 94.0 25.6 256.6 93.1 89.9 6.91989 ...................... 4,557.5 566.1 3,991.4 3,726.4 3,594.5 103.9 28.0 265.0 93.4 90.1 6.61990 ...................... 4,846.7 592.7 4,254.0 3,977.3 3,835.5 111.3 30.6 276.7 93.5 90.2 6.51991 ...................... 5,031.5 586.6 4,444.9 4,131.7 3,980.1 115.0 36.7 313.2 93.0 89.5 7.01992 ...................... 5,347.3 610.5 4,736.7 4,388.7 4,236.9 111.3 40.5 348.1 92.7 89.4 7.31993 ...................... 5,568.1 646.5 4,921.6 4,636.2 4,483.6 107.0 45.6 285.4 94.2 91.1 5.81994 ...................... 5,874.8 690.5 5,184.3 4,913.6 4,750.8 113.0 49.8 270.7 94.8 91.6 5.21995 ...................... 6,200.9 743.9 5,457.0 5,170.8 4,987.3 130.6 52.9 286.3 94.8 91.4 5.21996 ...................... 6,591.6 832.0 5,759.6 5,478.5 5,273.6 147.3 57.6 281.1 95.1 91.6 4.91997 ...................... 7,000.7 926.2 6,074.6 5,794.2 5,570.6 159.7 63.9 280.4 95.4 91.7 4.61998 ...................... 7,525.4 1,026.4 6,498.9 6,157.5 5,918.5 169.5 69.5 341.5 94.7 91.1 5.31999 ...................... 7,910.8 1,107.5 6,803.3 6,595.5 6,342.8 176.5 76.2 207.8 96.9 93.2 3.12000 ...................... 8,559.4 1,232.3 7,327.2 7,114.1 6,830.4 200.3 83.4 213.1 97.1 93.2 2.92001 ...................... 8,883.3 1,234.8 7,648.5 7,443.5 7,148.8 203.7 91.0 204.9 97.3 93.5 2.72002 ...................... 9,060.1 1,050.4 8,009.7 7,727.5 7,439.2 191.3 97.0 282.2 96.5 92.9 3.52003 ...................... 9,378.1 1,000.3 8,377.8 8,088.0 7,804.0 182.7 101.3 289.8 96.5 93.2 3.52004 ...................... 9,937.2 1,047.8 8,889.4 8,585.7 8,285.1 190.3 110.3 303.7 96.6 93.2 3.42005 ...................... 10,485.9 1,208.6 9,277.3 9,149.6 8,819.0 210.8 119.8 127.7 98.6 95.1 1.42006 ...................... 11,268.1 1,352.4 9,915.7 9,680.7 9,322.7 230.1 128.0 235.0 97.6 94.0 2.42007 ...................... 11,894.1 1,490.9 10,403.1 10,224.3 9,826.4 256.8 141.0 178.9 98.3 94.5 1.72008 ...................... 12,238.8 1,432.4 10,806.4 10,520.0 10,129.9 237.7 152.3 286.4 97.3 93.7 2.72009 p .................... 12,072.1 1,107.6 10,964.5 10,461.8 10,092.6 214.3 154.9 502.7 95.4 92.0 4.62006: I .................. 11,026.7 1,321.5 9,705.2 9,493.5 9,148.2 223.9 121.4 211.7 97.8 94.3 2.2

II ................. 11,204.0 1,340.2 9,863.8 9,618.2 9,266.6 223.7 127.8 245.6 97.5 93.9 2.5III ................ 11,336.9 1,354.3 9,982.5 9,754.9 9,391.8 233.5 129.6 227.7 97.7 94.1 2.3IV ................ 11,504.8 1,393.5 10,111.2 9,856.4 9,484.1 239.2 133.2 254.8 97.5 93.8 2.5

2007: I .................. 11,706.9 1,459.5 10,247.4 10,038.3 9,658.5 242.1 137.8 209.1 98.0 94.3 2.0II ................. 11,823.4 1,481.8 10,341.7 10,158.2 9,762.5 256.2 139.4 183.5 98.2 94.4 1.8III ................ 11,945.6 1,500.7 10,445.0 10,275.6 9,865.6 268.2 141.8 169.4 98.4 94.5 1.6IV ................ 12,100.3 1,521.9 10,578.4 10,425.0 10,019.2 260.7 145.0 153.5 98.5 94.7 1.5

2008: I .................. 12,142.2 1,531.8 10,610.4 10,484.1 10,095.1 239.8 149.2 126.3 98.8 95.1 1.2II ................. 12,292.9 1,326.2 10,966.7 10,592.2 10,194.7 243.9 153.6 374.4 96.6 93.0 3.4III ................ 12,286.6 1,437.3 10,849.3 10,613.6 10,220.1 238.3 155.2 235.7 97.8 94.2 2.2IV ................ 12,233.5 1,434.3 10,799.1 10,389.9 10,009.8 228.8 151.3 409.2 96.2 92.7 3.8

2009: I .................. 11,952.7 1,187.3 10,765.4 10,362.3 9,987.7 220.4 154.2 403.1 96.3 92.8 3.7II ................. 12,048.8 1,082.6 10,966.2 10,370.5 9,999.3 216.7 154.5 595.7 94.6 91.2 5.4III ................ 12,083.9 1,086.1 10,997.8 10,502.8 10,132.9 215.5 154.4 495.0 95.5 92.1 4.5IV p ............. 12,203.1 1,074.4 11,128.6 10,611.8 10,250.5 204.7 156.6 516.9 95.4 92.1 4.6

1 Consists of nonmortgage interest paid by households.2 Percents based on data in millions of dollars.Source: Department of Commerce (Bureau of Economic Analysis).

National Income or Expenditure | 367

Table B–31. Total and per capita disposable personal income and personal consumptionexpenditures, and per capita gross domestic product, in current and real dollars, 1960–2009

[Quarterly data at seasonally adjusted annual rates, except as noted]

Year or quarter

Disposable personal income Personal consumption expenditures Gross domesticproduct

per capita(dollars) Population

(thou-sands) 1

Total(billions of dollars)

Per capita(dollars)

Total(billions of dollars)

Per capita(dollars)

Currentdollars

Chained(2005)dollars

Currentdollars

Chained(2005)dollars

Currentdollars

Chained(2005)dollars

Currentdollars

Chained(2005)dollars

Currentdollars

Chained(2005)dollars

1960 ...................... 365.2 1,963.9 2,020 10,865 331.8 1,784.4 1,836 9,871 2,912 15,661 180,7601961 ...................... 381.6 2,030.8 2,077 11,052 342.2 1,821.2 1,862 9,911 2,965 15,766 183,7421962 ...................... 404.9 2,129.6 2,170 11,413 363.3 1,911.2 1,947 10,243 3,139 16,466 186,5901963 ...................... 425.0 2,209.5 2,245 11,672 382.7 1,989.9 2,022 10,512 3,263 16,940 189,3001964 ...................... 462.3 2,368.7 2,408 12,342 411.5 2,108.4 2,144 10,985 3,458 17,675 191,9271965 ...................... 497.8 2,514.7 2,562 12,939 443.8 2,241.8 2,284 11,535 3,700 18,576 194,3471966 ...................... 537.4 2,647.3 2,733 13,465 480.9 2,369.0 2,446 12,050 4,007 19,559 196,5991967 ...................... 575.1 2,763.5 2,894 13,904 507.8 2,440.0 2,555 12,276 4,188 19,836 198,7521968 ...................... 624.7 2,889.2 3,112 14,392 558.0 2,580.7 2,780 12,856 4,532 20,590 200,7451969 ...................... 673.8 2,981.4 3,324 14,706 605.1 2,677.4 2,985 13,206 4,856 21,021 202,7361970 ...................... 735.5 3,108.8 3,586 15,158 648.3 2,740.2 3,161 13,361 5,063 20,820 205,0891971 ...................... 801.4 3,249.1 3,859 15,644 701.6 2,844.6 3,378 13,696 5,425 21,249 207,6921972 ...................... 869.0 3,406.6 4,140 16,228 770.2 3,019.5 3,669 14,384 5,897 22,140 209,9241973 ...................... 978.1 3,638.2 4,615 17,166 852.0 3,169.1 4,020 14,953 6,522 23,200 211,9391974 ...................... 1,071.7 3,610.2 5,010 16,878 932.9 3,142.8 4,362 14,693 7,010 22,861 213,8981975 ...................... 1,187.3 3,691.3 5,497 17,091 1,033.8 3,214.1 4,786 14,881 7,583 22,592 215,9811976 ...................... 1,302.3 3,838.3 5,972 17,600 1,151.3 3,393.1 5,279 15,558 8,366 23,575 218,0861977 ...................... 1,435.0 3,970.7 6,514 18,025 1,277.8 3,535.9 5,801 16,051 9,216 24,412 220,2891978 ...................... 1,607.3 4,156.5 7,220 18,670 1,427.6 3,691.8 6,413 16,583 10,303 25,503 222,6291979 ...................... 1,790.9 4,253.8 7,956 18,897 1,591.2 3,779.5 7,069 16,790 11,382 26,010 225,1061980 ...................... 2,002.7 4,295.6 8,794 18,863 1,755.8 3,766.2 7,710 16,538 12,243 25,640 227,7261981 ...................... 2,237.1 4,410.0 9,726 19,173 1,939.5 3,823.3 8,432 16,623 13,594 26,030 230,0081982 ...................... 2,412.7 4,506.5 10,390 19,406 2,075.5 3,876.7 8,938 16,694 14,009 25,282 232,2181983 ...................... 2,599.8 4,655.7 11,095 19,868 2,288.6 4,098.3 9,766 17,489 15,084 26,186 234,3331984 ...................... 2,891.5 4,989.1 12,232 21,105 2,501.1 4,315.6 10,580 18,256 16,629 27,823 236,3941985 ...................... 3,079.3 5,144.8 12,911 21,571 2,717.6 4,540.4 11,394 19,037 17,683 28,717 238,5061986 ...................... 3,258.8 5,315.0 13,540 22,083 2,896.7 4,724.5 12,036 19,630 18,531 29,443 240,6831987 ...................... 3,435.3 5,402.4 14,146 22,246 3,097.0 4,870.3 12,753 20,055 19,504 30,115 242,8431988 ...................... 3,726.3 5,635.6 15,206 22,997 3,350.1 5,066.6 13,670 20,675 20,813 31,069 245,0611989 ...................... 3,991.4 5,785.1 16,134 23,385 3,594.5 5,209.9 14,530 21,060 22,160 31,877 247,3871990 ...................... 4,254.0 5,896.3 17,004 23,568 3,835.5 5,316.2 15,331 21,249 23,185 32,112 250,1811991 ...................... 4,444.9 5,945.9 17,532 23,453 3,980.1 5,324.2 15,699 21,000 23,635 31,614 253,5301992 ...................... 4,736.7 6,155.3 18,436 23,958 4,236.9 5,505.7 16,491 21,430 24,686 32,255 256,9221993 ...................... 4,921.6 6,258.2 18,909 24,044 4,483.6 5,701.2 17,226 21,904 25,616 32,747 260,2821994 ...................... 5,184.3 6,459.0 19,678 24,517 4,750.8 5,918.9 18,033 22,466 26,893 33,671 263,4551995 ...................... 5,457.0 6,651.6 20,470 24,951 4,987.3 6,079.0 18,708 22,803 27,813 34,112 266,5881996 ...................... 5,759.6 6,870.9 21,355 25,475 5,273.6 6,291.2 19,553 23,325 29,062 34,977 269,7141997 ...................... 6,074.6 7,113.5 22,255 26,061 5,570.6 6,523.4 20,408 23,899 30,526 36,102 272,9581998 ...................... 6,498.9 7,538.8 23,534 27,299 5,918.5 6,865.5 21,432 24,861 31,843 37,238 276,1541999 ...................... 6,803.3 7,766.7 24,356 27,805 6,342.8 7,240.9 22,707 25,923 33,486 38,592 279,3282000 ...................... 7,327.2 8,161.5 25,944 28,899 6,830.4 7,608.1 24,185 26,939 35,237 39,750 282,4182001 ...................... 7,648.5 8,360.1 26,805 29,299 7,148.8 7,813.9 25,054 27,385 36,049 39,768 285,3352002 ...................... 8,009.7 8,637.1 27,799 29,976 7,439.2 8,021.9 25,819 27,841 36,935 40,096 288,1332003 ...................... 8,377.8 8,853.9 28,805 30,442 7,804.0 8,247.6 26,832 28,357 38,310 40,711 290,8452004 ...................... 8,889.4 9,155.1 30,287 31,193 8,285.1 8,532.7 28,228 29,072 40,435 41,784 293,5022005 ...................... 9,277.3 9,277.3 31,318 31,318 8,819.0 8,819.0 29,771 29,771 42,664 42,664 296,2292006 ...................... 9,915.7 9,650.7 33,157 32,271 9,322.7 9,073.5 31,174 30,341 44,805 43,391 299,0522007 ...................... 10,403.1 9,860.6 34,445 32,648 9,826.4 9,313.9 32,535 30,838 46,611 43,884 302,0252008 ...................... 10,806.4 9,911.3 35,450 32,514 10,129.9 9,290.9 33,231 30,479 47,375 43,671 304,8312009 p .................... 10,964.5 10,035.3 35,659 32,637 10,092.6 9,237.3 32,823 30,042 46,372 42,242 307,4842006: I .................. 9,705.2 9,533.8 32,572 31,997 9,148.2 8,986.6 30,703 30,161 44,246 43,348 297,959

II ................. 9,863.8 9,617.3 33,031 32,205 9,266.6 9,035.0 31,031 30,255 44,698 43,407 298,625III ................ 9,982.5 9,662.5 33,341 32,272 9,391.8 9,090.7 31,367 30,362 44,931 43,305 299,411IV ................ 10,111.2 9,788.8 33,680 32,606 9,484.1 9,181.6 31,591 30,584 45,340 43,505 300,213

2007: I .................. 10,247.4 9,830.2 34,055 32,668 9,658.5 9,265.1 32,097 30,790 45,846 43,534 300,913II ................. 10,341.7 9,842.7 34,287 32,633 9,762.5 9,291.5 32,367 30,806 46,407 43,777 301,617III ................ 10,445.0 9,883.9 34,540 32,684 9,865.6 9,335.6 32,624 30,871 46,890 44,050 302,406IV ................ 10,578.4 9,886.2 34,893 32,610 10,019.2 9,363.6 33,049 30,886 47,294 44,171 303,166

2008: I .................. 10,610.4 9,826.8 34,925 32,345 10,095.1 9,349.6 33,228 30,774 47,312 43,997 303,810II ................. 10,966.7 10,059.0 36,022 33,041 10,194.7 9,351.0 33,486 30,715 47,620 44,065 304,445III ................ 10,849.3 9,838.3 35,551 32,238 10,220.1 9,267.7 33,489 30,368 47,666 43,662 305,177IV ................ 10,799.1 9,920.4 35,304 32,431 10,009.8 9,195.3 32,724 30,061 46,904 42,963 305,890

2009: I .................. 10,765.4 9,926.4 35,124 32,387 9,987.7 9,209.2 32,587 30,047 46,258 42,172 306,496II ................. 10,966.2 10,077.5 35,709 32,815 9,999.3 9,189.0 32,560 29,922 46,080 42,011 307,101III ................ 10,997.8 10,042.3 35,728 32,625 10,132.9 9,252.6 32,919 30,059 46,268 42,146 307,815IV p ............. 11,128.6 10,095.1 36,071 32,721 10,250.5 9,298.5 33,225 30,139 46,880 42,639 308,522

1 Population of the United States including Armed Forces overseas; includes Alaska and Hawaii beginning in 1960. Annual data are averages of quarterlydata. Quarterly data are averages for the period.

Source: Department of Commerce (Bureau of Economic Analysis and Bureau of the Census).

368 | Appendix B

Table B–32. Gross saving and investment, 1960–2009[Billions of dollars, except as noted; quarterly data at seasonally adjusted annual rates]

Year or quarter

Gross saving

Totalgrosssaving

Net saving Consumption of fixed capital

Totalnet

saving

Net private saving Net government saving

Total Private Govern-mentTotal Personal

saving

Undis-tributed

corporateprofits 1

Wageaccruals

lessdisburse-

ments

Total FederalStateandlocal

1960 ...................... 111.3 54.7 43.3 26.3 16.9 0.0 11.4 7.1 4.3 56.6 41.6 15.01961 ...................... 114.3 56.1 49.3 31.9 17.4 .0 6.8 2.6 4.3 58.2 42.6 15.61962 ...................... 124.9 64.3 56.7 33.5 23.2 .0 7.7 2.4 5.2 60.6 44.1 16.51963 ...................... 133.2 69.8 58.8 33.1 25.7 .0 11.0 5.3 5.7 63.3 45.9 17.51964 ...................... 143.4 77.0 69.7 40.5 29.2 .0 7.3 .9 6.4 66.4 48.3 18.11965 ...................... 158.5 87.7 78.0 42.7 35.3 .0 9.8 3.2 6.5 70.7 51.9 18.91966 ...................... 168.7 92.3 82.3 44.3 38.0 .0 10.0 2.3 7.8 76.5 56.5 20.01967 ...................... 170.6 87.6 89.9 54.2 35.8 .0 –2.3 –9.3 7.0 82.9 61.6 21.41968 ...................... 182.0 91.6 86.6 52.5 34.1 .0 5.1 –2.4 7.5 90.4 67.4 23.01969 ...................... 198.4 99.3 82.7 52.5 30.3 .0 16.5 8.6 8.0 99.2 74.5 24.71970 ...................... 192.8 84.5 92.9 69.4 23.4 .0 –8.4 –15.5 7.1 108.3 81.7 26.61971 ...................... 209.2 91.5 113.7 80.4 32.9 .4 –22.2 –28.7 6.5 117.8 89.5 28.21972 ...................... 237.3 110.1 119.4 77.5 42.2 –.3 –9.3 –24.9 15.6 127.2 97.7 29.41973 ...................... 292.2 151.4 147.5 102.9 44.6 .0 3.9 –11.8 15.7 140.8 109.5 31.31974 ...................... 301.8 138.1 143.3 114.2 29.1 .0 –5.2 –14.5 9.3 163.7 127.8 35.91975 ...................... 296.9 106.5 174.6 125.9 48.7 .0 –68.2 –70.6 2.5 190.4 150.4 39.91976 ...................... 342.0 133.8 180.1 122.8 57.3 .0 –46.3 –53.7 7.4 208.2 165.5 42.61977 ...................... 396.7 164.9 197.9 125.3 72.6 .0 –33.0 –46.1 13.1 231.8 186.1 45.61978 ...................... 476.3 214.9 225.2 142.4 82.8 .0 –10.2 –28.9 18.7 261.4 212.0 49.51979 ...................... 533.2 234.3 235.3 157.5 77.8 .0 –1.0 –14.0 13.0 298.9 244.5 54.41980 ...................... 542.7 198.6 246.5 196.3 50.2 .0 –47.8 –56.6 8.8 344.1 282.3 61.81981 ...................... 646.1 252.7 301.9 236.7 65.2 .0 –49.2 –56.8 7.6 393.3 323.2 70.11982 ...................... 621.5 187.9 325.4 263.9 61.5 .0 –137.5 –135.3 –2.2 433.5 356.4 77.11983 ...................... 602.4 151.3 322.6 226.9 95.7 .0 –171.4 –176.2 4.9 451.1 369.5 81.61984 ...................... 753.4 279.0 426.5 296.3 130.3 .0 –147.5 –171.5 23.9 474.3 387.5 86.91985 ...................... 738.4 232.9 389.2 253.6 135.6 .0 –156.3 –178.6 22.4 505.4 412.8 92.71986 ...................... 709.3 170.8 344.7 246.5 98.3 .0 –173.9 –194.6 20.7 538.5 439.1 99.41987 ...................... 782.3 211.2 348.5 223.4 125.1 .0 –137.4 –149.3 12.0 571.1 464.5 106.61988 ...................... 901.5 290.5 411.7 256.6 155.1 .0 –121.2 –138.4 17.2 611.0 497.1 113.91989 ...................... 924.1 272.7 386.5 265.0 121.5 .0 –113.8 –133.9 20.1 651.5 529.6 121.81990 ...................... 917.6 226.4 396.7 276.7 120.0 .0 –170.3 –176.4 6.2 691.2 560.4 130.81991 ...................... 951.3 227.0 451.2 313.2 138.0 .0 –224.2 –218.4 –5.8 724.4 585.4 138.91992 ...................... 932.3 187.9 491.8 348.1 159.5 –15.8 –303.9 –302.5 –1.4 744.4 599.9 144.51993 ...................... 958.4 180.4 461.6 285.4 169.7 6.4 –281.2 –280.2 –.9 778.0 626.4 151.61994 ...................... 1,094.7 275.5 487.7 270.7 199.4 17.6 –212.2 –220.4 8.2 819.2 661.0 158.21995 ...................... 1,219.0 349.6 546.6 286.3 243.9 16.4 –197.0 –206.2 9.2 869.5 704.6 164.81996 ...................... 1,344.4 431.8 557.1 281.1 272.3 3.6 –125.3 –148.2 23.0 912.5 743.4 169.21997 ...................... 1,525.7 561.9 585.7 280.4 308.2 –2.9 –23.8 –60.1 36.3 963.8 789.7 174.11998 ...................... 1,654.4 633.9 553.4 341.5 212.6 –.7 80.5 33.6 46.9 1,020.5 841.6 179.01999 ...................... 1,708.0 613.6 473.0 207.8 260.1 5.2 140.6 98.8 41.8 1,094.4 907.2 187.22000 ...................... 1,800.1 615.8 389.4 213.1 176.3 .0 226.5 185.2 41.3 1,184.3 986.8 197.52001 ...................... 1,695.7 439.4 414.9 204.9 210.0 .0 24.6 40.5 –15.9 1,256.2 1,051.6 204.62002 ...................... 1,560.9 255.9 562.8 282.2 280.6 .0 –306.9 –252.8 –54.1 1,305.0 1,094.0 210.92003 ...................... 1,552.8 198.7 613.9 289.8 309.2 15.0 –415.2 –376.4 –38.8 1,354.1 1,135.9 218.12004 ...................... 1,724.2 291.4 679.2 303.7 390.5 –15.0 –387.8 –379.5 –8.4 1,432.8 1,200.9 231.92005 ...................... 1,903.4 362.0 619.1 127.7 486.4 5.0 –257.1 –283.0 25.9 1,541.4 1,290.8 250.62006 ...................... 2,174.4 513.7 666.5 235.0 430.3 1.3 –152.7 –203.8 51.0 1,660.7 1,391.4 269.32007 ...................... 2,040.2 280.2 495.0 178.9 322.4 –6.3 –214.8 –236.5 21.7 1,760.0 1,469.6 290.42008 ...................... 1,824.1 –23.0 659.8 286.4 378.3 –5.0 –682.7 –642.6 –40.2 1,847.1 1,536.2 310.92009 p .................... ............... ............... ............... 502.7 ............... 5.0 ............... ............... ............... 1,863.7 1,538.4 325.32006: I .................. 2,148.9 530.9 675.6 211.7 483.9 –20.0 –144.7 –207.3 62.6 1,618.0 1,357.4 260.6

II ................. 2,159.2 511.0 677.2 245.6 431.5 .0 –166.2 –229.4 63.2 1,648.2 1,381.1 267.1III ................ 2,161.2 485.9 659.0 227.7 431.4 .0 –173.1 –215.5 42.4 1,675.2 1,403.2 272.0IV ................ 2,228.4 527.1 654.1 254.8 374.3 25.0 –127.0 –163.0 35.9 1,701.3 1,423.9 277.4

2007: I .................. 2,036.1 309.3 477.4 209.1 293.3 –25.0 –168.1 –200.9 32.8 1,726.7 1,443.1 283.7II ................. 2,096.8 347.4 533.8 183.5 350.3 .0 –186.3 –221.3 34.9 1,749.4 1,461.4 288.0III ................ 2,028.7 257.5 495.9 169.4 326.5 .0 –238.4 –258.8 20.3 1,771.2 1,478.7 292.5IV ................ 1,999.3 206.5 472.9 153.5 319.4 .0 –266.3 –265.0 –1.3 1,792.8 1,495.1 297.6

2008: I .................. 1,903.5 89.9 543.4 126.3 417.1 .0 –453.5 –433.5 –20.1 1,813.6 1,510.6 303.0II ................. 1,780.1 –55.5 767.0 374.4 392.6 .0 –822.5 –796.9 –25.5 1,835.6 1,527.0 308.5III ................ 1,842.4 –15.8 709.0 235.7 473.2 .0 –724.8 –665.7 –59.0 1,858.2 1,544.4 313.8IV ................ 1,770.5 –110.5 619.7 409.2 230.5 –20.0 –730.2 –674.1 –56.1 1,881.0 1,562.6 318.4

2009: I .................. 1,595.3 –288.3 717.4 403.1 294.2 20.0 –1,005.7 –969.1 –36.6 1,883.6 1,561.3 322.3II ................. 1,530.7 –333.3 960.2 595.7 364.5 .0 –1,293.5 –1,268.9 –24.6 1,864.0 1,540.5 323.5III ................ 1,491.7 –359.0 983.0 495.0 488.0 .0 –1,342.0 –1,327.0 –14.9 1,850.7 1,525.5 325.2IV p ............. ............... ............... ............... 516.9 ............... .0 ............... ............... ............... 1,856.4 1,526.3 330.1

1 With inventory valuation and capital consumption adjustments.See next page for continuation of table.

National Income or Expenditure | 369

Table B–32. Gross saving and investment, 1960–2009—Continued[Billions of dollars, except as noted; quarterly data at seasonally adjusted annual rates]

Year or quarter

Gross domestic investment, capital accounttransactions, and net lending, NIPA 2

Statis-ticaldis-

crep-ancy

Addenda:

Total

Gross domestic investmentCapital

ac-counttrans-

actions(net) 4

Netlendingor net

borrow-ing(–),

NIPA 2, 5

Grossprivatesaving

Gross government saving

Netdomes-

ticinvest-ment

Grosssavingas a

percentof grossnationalincome

Netsavingas a

percentof grossnationalincome

Total

Grossprivatedomes-

ticinvest-ment

Grossgovern-

mentinvest-ment 3

Total FederalStateandlocal

1960 .................... 110.3 107.2 78.9 28.3 ............ 3.2 –1.0 84.9 26.4 17.7 8.7 50.6 21.0 10.31961 .................... 113.7 109.5 78.2 31.3 ............ 4.2 –.6 91.9 22.4 13.4 9.0 51.3 20.8 10.21962 .................... 125.2 121.4 88.1 33.3 ............ 3.8 .3 100.8 24.1 13.9 10.3 60.9 21.2 10.91963 .................... 132.3 127.4 93.8 33.6 ............ 4.9 –.8 104.7 28.4 17.4 11.1 64.1 21.4 11.21964 .................... 144.2 136.7 102.1 34.6 ............ 7.5 .8 118.0 25.4 13.2 12.1 70.3 21.5 11.51965 .................... 160.0 153.8 118.2 35.6 ............ 6.2 1.5 129.8 28.6 15.9 12.8 83.1 21.9 12.11966 .................... 174.9 171.1 131.3 39.8 ............ 3.8 6.2 138.7 30.0 15.3 14.6 94.6 21.5 11.71967 .................... 175.1 171.6 128.6 43.0 ............ 3.5 4.5 151.5 19.1 4.5 14.5 88.6 20.5 10.51968 .................... 186.4 184.8 141.2 43.6 ............ 1.5 4.3 154.0 28.0 12.2 15.8 94.4 20.0 10.11969 .................... 201.3 199.7 156.4 43.3 ............ 1.6 2.9 157.2 41.2 23.9 17.3 100.5 20.1 10.01970 .................... 199.7 196.0 152.4 43.6 ............ 3.7 6.9 174.6 18.2 .6 17.7 87.6 18.6 8.11971 .................... 220.2 219.9 178.2 41.8 ............ .3 11.0 203.2 6.0 –12.2 18.3 102.2 18.6 8.11972 .................... 246.2 250.2 207.6 42.6 ............ –4.0 8.9 217.1 20.2 –8.3 28.5 123.1 19.2 8.91973 .................... 300.2 291.3 244.5 46.8 ............ 8.9 8.0 257.0 35.2 5.2 30.0 150.6 21.1 10.91974 .................... 311.6 305.7 249.4 56.3 ............ 6.0 9.8 271.1 30.7 3.7 27.0 142.0 20.1 9.21975 .................... 313.2 293.3 230.2 63.1 ............ 19.8 16.3 325.1 –28.2 –50.9 22.7 102.9 18.2 6.51976 .................... 365.4 358.4 292.0 66.4 ............ 7.1 23.5 345.6 –3.7 –32.3 28.6 150.2 18.8 7.41977 .................... 417.9 428.8 361.3 67.5 ............ –10.9 21.2 384.1 12.6 –23.1 35.7 197.1 19.6 8.11978 .................... 502.4 515.0 438.0 77.1 ............ –12.6 26.1 437.1 39.2 –3.9 43.2 253.6 20.8 9.41979 .................... 580.2 581.4 492.9 88.5 ............ –1.2 47.0 479.7 53.5 13.0 40.5 282.4 20.9 9.21980 .................... 588.0 579.5 479.3 100.3 ............ 8.5 45.3 528.8 14.0 –26.6 40.6 235.4 19.5 7.21981 .................... 682.6 679.3 572.4 106.9 ............ 3.4 36.6 625.2 20.9 –23.0 43.8 285.9 20.7 8.11982 .................... 626.2 629.5 517.2 112.3 –0.1 –3.2 4.8 681.9 –60.4 –97.7 37.3 196.0 18.9 5.71983 .................... 652.1 687.2 564.3 122.9 –.1 –35.0 49.7 692.2 –89.8 –135.6 45.8 236.0 17.1 4.31984 .................... 784.9 875.0 735.6 139.4 –.1 –89.9 31.5 814.0 –60.6 –126.9 66.3 400.6 19.1 7.11985 .................... 780.7 895.0 736.2 158.8 –.2 –114.1 42.3 802.0 –63.6 –130.6 67.0 389.5 17.6 5.51986 .................... 777.1 919.7 746.5 173.2 –.2 –142.5 67.7 783.8 –74.5 –143.0 68.6 381.3 16.1 3.91987 .................... 815.1 969.2 785.0 184.3 –.2 –153.9 32.9 813.0 –30.8 –94.2 63.4 398.1 16.6 4.51988 .................... 892.0 1,007.7 821.6 186.1 –.4 –115.4 –9.5 908.8 –7.3 –79.3 72.0 396.7 17.6 5.71989 .................... 980.3 1,072.6 874.9 197.7 –.2 –92.2 56.1 916.1 8.0 –70.6 78.7 421.2 17.0 5.01990 .................... 1,001.8 1,076.7 861.0 215.7 6.7 –81.6 84.2 957.1 –39.5 –108.7 69.2 385.5 16.0 3.91991 .................... 1,031.0 1,023.2 802.9 220.3 4.6 3.2 79.7 1,036.6 –85.3 –146.4 61.1 298.8 16.0 3.81992 .................... 1,042.3 1,087.9 864.8 223.1 –.8 –44.8 110.0 1,091.7 –159.4 –227.9 68.5 343.5 14.9 3.01993 .................... 1,094.2 1,172.8 953.3 219.4 1.5 –80.0 135.8 1,088.0 –129.5 –202.4 72.9 394.8 14.6 2.71994 .................... 1,203.5 1,318.2 1,097.3 220.9 1.9 –116.6 108.8 1,148.6 –53.9 –140.3 86.4 499.0 15.6 3.91995 .................... 1,271.6 1,376.6 1,144.0 232.6 1.1 –106.2 52.5 1,251.2 –32.2 –124.5 92.3 507.2 16.5 4.71996 .................... 1,370.3 1,484.4 1,240.2 244.2 .9 –115.1 25.9 1,300.5 43.9 –66.3 110.2 571.9 17.1 5.51997 .................... 1,511.7 1,641.0 1,388.7 252.4 1.2 –130.6 –14.0 1,375.4 150.3 22.4 127.9 677.2 18.2 6.71998 .................... 1,569.1 1,773.6 1,510.8 262.9 1.0 –205.5 –85.3 1,394.9 259.5 116.4 143.1 753.1 18.6 7.11999 .................... 1,637.0 1,928.9 1,641.5 287.4 5.2 –297.1 –71.1 1,380.3 327.8 183.9 143.9 834.5 18.1 6.52000 .................... 1,666.2 2,076.5 1,772.2 304.3 1.4 –411.7 –134.0 1,376.2 424.0 273.0 151.0 892.2 17.8 6.12001 .................... 1,592.3 1,984.0 1,661.9 322.0 –11.7 –380.0 –103.4 1,466.5 229.2 129.1 100.1 727.7 16.2 4.22002 .................... 1,538.9 1,990.4 1,647.0 343.5 1.8 –453.4 –22.1 1,656.8 –95.9 –163.6 67.7 685.4 14.6 2.42003 .................... 1,569.4 2,085.5 1,729.7 355.8 3.8 –519.9 16.6 1,749.8 –197.1 –285.5 88.4 731.4 13.9 1.82004 .................... 1,716.3 2,340.9 1,968.6 372.4 –1.1 –623.5 –7.8 1,880.1 –155.9 –284.6 128.7 908.2 14.4 2.42005 .................... 1,823.7 2,564.2 2,172.2 392.0 –11.1 –729.5 –79.7 1,909.9 –6.5 –182.6 176.1 1,022.9 14.9 2.82006 .................... 1,953.8 2,752.2 2,327.2 425.1 4.2 –802.6 –220.6 2,057.9 116.5 –97.2 213.8 1,091.6 15.9 3.82007 .................... 2,025.4 2,750.0 2,288.5 461.6 2.2 –726.8 –14.8 1,964.6 75.6 –123.9 199.5 990.0 14.4 2.02008 .................... 1,925.2 2,632.4 2,136.1 496.3 –.4 –706.8 101.0 2,195.9 –371.8 –522.8 151.0 785.3 12.6 –.22009 p .................. ............. 2,138.4 1,622.9 515.5 ............ ................ ............ ............. ............. ............. ............. 274.7 ............. ..............2006: I ................ 1,956.7 2,746.2 2,336.5 409.7 7.2 –796.7 –192.2 2,033.0 115.9 –103.5 219.4 1,128.2 16.0 3.9

II ............... 1,968.5 2,779.5 2,352.1 427.4 4.3 –815.4 –190.7 2,058.2 101.0 –123.4 224.4 1,131.3 15.9 3.8III .............. 1,907.7 2,761.1 2,333.5 427.6 2.4 –855.8 –253.4 2,062.2 98.9 –107.7 206.6 1,085.8 15.7 3.5IV .............. 1,982.4 2,722.1 2,286.5 435.6 2.8 –742.5 –246.0 2,078.0 150.4 –54.2 204.7 1,020.8 16.0 3.8

2007: I ................ 1,914.9 2,714.3 2,267.2 447.1 2.5 –801.8 –121.1 1,920.5 115.6 –90.6 206.2 987.5 14.6 2.2II ............... 1,999.7 2,762.3 2,302.0 460.2 .8 –763.3 –97.1 1,995.1 101.7 –109.6 211.2 1,012.9 14.8 2.5III .............. 2,093.6 2,778.4 2,311.9 466.6 2.8 –687.6 64.9 1,974.6 54.0 –145.5 199.6 1,007.2 14.2 1.8IV .............. 2,093.3 2,745.2 2,272.9 472.3 2.7 –654.6 94.0 1,968.0 31.3 –149.8 181.1 952.4 13.9 1.4

2008: I ................ 1,973.2 2,690.7 2,214.8 475.9 2.8 –720.3 69.8 2,054.0 –150.5 –316.2 165.7 877.1 13.2 .6II ............... 1,906.8 2,660.2 2,164.6 495.5 3.0 –756.4 126.7 2,294.1 –514.0 –677.3 163.3 824.6 12.3 –.4III .............. 1,910.6 2,647.8 2,142.7 505.0 –11.6 –725.5 68.3 2,253.3 –411.0 –544.7 133.7 789.6 12.6 –.1IV .............. 1,909.9 2,530.9 2,022.1 508.9 4.0 –625.1 139.4 2,182.3 –411.8 –553.0 141.2 650.0 12.4 –.8

2009: I ................ 1,780.8 2,190.3 1,689.9 500.4 3.1 –412.6 185.4 2,278.7 –683.4 –846.6 163.2 306.7 11.3 –2.0II ............... 1,692.4 2,082.0 1,561.5 520.4 3.0 –392.5 161.7 2,500.7 –970.0 –1,144.9 174.9 218.0 10.9 –2.4III .............. 1,654.9 2,080.4 1,556.1 524.3 2.9 –428.4 163.2 2,508.5 –1,016.8 –1,201.0 184.2 229.7 10.5 –2.5IV p ........... ............. 2,201.0 1,684.0 517.0 ............ ................ ............ ............. ............. ............. ............. 344.6 ............. ..............

2 National income and product accounts (NIPA).3 For details on government investment, see Table B–20.4 Consists of capital transfers and the acquisition and disposal of nonproduced nonfinancial assets.5 Prior to 1982, equals the balance on current account, NIPA (see Table B–24).Source: Department of Commerce (Bureau of Economic Analysis).

370 | Appendix B

Table B–33. Median money income (in 2008 dollars) and poverty status of families andpeople, by race, selected years, 1996–2008

Year

Families 1People belowpoverty level

Median money income (in 2008 dollars)of people 15 years old and over

with income 2

Number(mil-lions)

Medianmoneyincome

(in2008dol-

lars) 2

Below poverty level

Total Femalehouseholder

Number(mil-lions)

Percent

Males Females

Number(mil-lions)

PercentNumber

(mil-lions)

Percent Allpeople

Year-round

full-timeworkers

Allpeople

Year-round

full-timeworkers

ALL RACES1996 ....................................... 70.2 $57,801 7.7 11.0 4.2 32.6 36.5 13.7 $32,568 $45,829 $17,511 $34,0731997 ....................................... 70.9 59,613 7.3 10.3 4.0 31.6 35.6 13.3 33,723 47,146 18,329 34,8151998 ....................................... 71.6 61,653 7.2 10.0 3.8 29.9 34.5 12.7 34,947 47,822 19,035 35,4261999 3 ..................................... 73.2 63,099 6.8 9.3 3.6 27.8 32.8 11.9 35,268 48,393 19,776 35,3622000 4 ..................................... 73.8 63,430 6.4 8.7 3.3 25.4 31.6 11.3 35,437 48,625 20,084 36,4122001 ....................................... 74.3 62,519 6.8 9.2 3.5 26.4 32.9 11.7 35,391 48,812 20,205 36,9952002 ....................................... 75.6 61,852 7.2 9.6 3.6 26.5 34.6 12.1 34,993 48,480 20,121 37,0662003 ....................................... 76.2 61,671 7.6 10.0 3.9 28.0 35.9 12.5 35,040 48,587 20,205 37,0552004 5 ..................................... 76.9 61,623 7.8 10.2 4.0 28.3 37.0 12.7 34,784 47,495 20,138 36,6082005 ....................................... 77.4 61,976 7.7 9.9 4.0 28.7 37.0 12.6 34,493 46,529 20,487 36,6782006 ....................................... 78.5 62,372 7.7 9.8 4.1 28.3 36.5 12.3 34,455 48,010 21,373 37,3642007 ....................................... 77.9 63,712 7.6 9.8 4.1 28.3 37.3 12.5 34,472 48,000 21,726 37,5572008 ....................................... 78.9 61,521 8.1 10.3 4.2 28.7 39.8 13.2 33,161 47,779 20,867 36,688WHITE1996 ....................................... 58.9 61,158 5.1 8.6 2.3 27.3 24.7 11.2 34,092 47,472 17,711 34,6511997 ....................................... 59.5 62,536 5.0 8.4 2.3 27.7 24.4 11.0 34,930 48,310 18,448 35,4051998 ....................................... 60.1 64,669 4.8 8.0 2.1 24.9 23.5 10.5 36,469 49,067 19,282 36,0181999 3 ..................................... 61.1 66,004 4.4 7.3 1.9 22.5 22.2 9.8 37,039 50,670 19,838 36,1812000 4 ..................................... 61.3 66,302 4.3 7.1 1.8 21.2 21.6 9.5 37,255 50,328 20,104 37,4482001 ....................................... 61.6 65,754 4.6 7.4 1.9 22.4 22.7 9.9 36,776 49,607 20,251 37,517

Alone 62002 ....................................... 62.3 65,386 4.9 7.8 2.0 22.6 23.5 10.2 36,363 49,518 20,152 37,5802003 ....................................... 62.6 65,286 5.1 8.1 2.2 24.0 24.3 10.5 35,977 49,335 20,396 37,6862004 5 ..................................... 63.1 64,657 5.3 8.4 2.3 24.7 25.3 10.8 35,729 48,554 20,175 37,3092005 ....................................... 63.4 65,420 5.1 8.0 2.3 25.3 24.9 10.6 35,490 48,192 20,590 37,6092006 ....................................... 64.1 65,440 5.1 8.0 2.4 25.1 24.4 10.3 36,140 49,051 21,445 37,9372007 ....................................... 63.6 66,903 5.0 7.9 2.3 24.7 25.1 10.5 36,491 49,050 21,879 38,1392008 ....................................... 64.2 65,000 5.4 8.4 2.4 25.2 27.0 11.2 35,120 49,924 20,950 37,210

Alone or in combination 62002 ....................................... 63.0 65,166 5.0 7.9 2.1 22.6 24.1 10.3 36,283 49,448 20,113 37,5662003 ....................................... 63.5 65,094 5.2 8.1 2.2 24.2 25.0 10.6 35,891 49,261 20,359 37,6722004 5 ..................................... 64.0 64,500 5.4 8.5 2.3 24.8 26.1 10.9 35,651 48,429 20,140 37,2662005 ....................................... 64.3 65,208 5.2 8.1 2.4 25.5 25.6 10.7 35,406 48,021 20,535 37,5302006 ....................................... 65.0 65,352 5.2 8.0 2.4 25.0 25.2 10.4 35,959 48,982 21,399 37,8992007 ....................................... 64.4 66,702 5.2 8.0 2.4 24.8 25.9 10.6 36,377 48,980 21,818 38,1042008 ....................................... 65.0 64,804 5.5 8.5 2.4 25.4 27.9 11.3 35,013 49,755 20,921 37,177BLACK1996 ....................................... 8.5 36,241 2.2 26.1 1.7 43.7 9.7 28.4 22,534 37,080 16,086 30,0491997 ....................................... 8.4 38,257 2.0 23.6 1.6 39.8 9.1 26.5 24,205 35,976 17,453 30,4481998 ....................................... 8.5 38,788 2.0 23.4 1.6 40.8 9.1 26.1 25,487 36,240 17,330 31,4801999 3 ..................................... 8.7 41,156 1.9 21.8 1.5 39.2 8.4 23.6 26,414 38,965 19,093 32,4872000 4 ..................................... 8.7 42,105 1.7 19.3 1.3 34.3 8.0 22.5 26,685 38,120 19,856 32,1952001 ....................................... 8.8 40,860 1.8 20.7 1.4 35.2 8.1 22.7 26,106 38,821 19,801 33,197

Alone 62002 ....................................... 8.9 40,123 1.9 21.5 1.4 35.8 8.6 24.1 25,805 38,217 20,022 33,0622003 ....................................... 8.9 40,235 2.0 22.3 1.5 36.9 8.8 24.4 25,739 39,135 19,411 32,3362004 5 ..................................... 8.9 40,064 2.0 22.8 1.5 37.6 9.0 24.7 25,864 36,157 19,787 33,2222005 ....................................... 9.1 39,113 2.0 22.1 1.5 36.1 9.2 24.9 24,984 37,755 19,445 33,4872006 ....................................... 9.3 40,867 2.0 21.6 1.5 36.6 9.0 24.3 26,765 37,885 20,400 33,0362007 ....................................... 9.3 41,685 2.0 22.1 1.5 37.3 9.2 24.5 26,814 38,148 20,511 32,8052008 ....................................... 9.4 39,879 2.1 22.0 1.5 37.2 9.4 24.7 25,254 38,612 20,197 32,186

Alone or in combination 62002 ....................................... 9.1 40,254 2.0 21.4 1.5 35.7 8.9 23.9 25,742 38,258 19,952 33,1562003 ....................................... 9.1 40,514 2.0 22.1 1.5 36.8 9.1 24.3 25,679 39,176 19,363 32,3992004 5 ..................................... 9.1 40,261 2.1 22.8 1.5 37.6 9.4 24.7 25,890 36,146 19,773 33,2762005 ....................................... 9.3 39,256 2.1 22.0 1.5 36.2 9.5 24.7 24,935 37,657 19,405 33,4912006 ....................................... 9.5 41,135 2.0 21.5 1.5 36.4 9.4 24.2 26,777 37,921 20,359 33,0872007 ....................................... 9.5 41,767 2.1 22.0 1.6 37.2 9.7 24.4 26,783 38,193 20,469 32,8892008 ....................................... 9.6 39,936 2.1 21.9 1.6 37.1 9.9 24.6 25,118 38,365 20,203 32,204

1 The term “family” refers to a group of two or more persons related by birth, marriage, or adoption and residing together. Every family must include areference person.

2 Current dollar median money income adjusted by consumer price index research series (CPI-U-RS).3 Reflects implementation of Census 2000–based population controls comparable with succeeding years.4 Reflects household sample expansion.5 For 2004, figures are revised to reflect a correction to the weights in the 2005 Annual Social and Economic Supplement.6 Data are for “white alone,” for “white alone or in combination,” for “black alone,” and for “black alone or in combination.” (“Black” is also “black

or African American.”) Beginning with data for 2002 the Current Population Survey allowed respondents to choose more than one race; for earlier yearsrespondents could report only one race group.

Note: Poverty thresholds are updated each year to reflect changes in the consumer price index (CPI-U).For details see publication Series P–60 on the Current Population Survey and Annual Social and Economic Supplements.Source: Department of Commerce (Bureau of the Census).

Population, Employment, Wages, and Productivity | 371

Table B–34. Population by age group, 1933–2009[Thousands of persons]

July 1 TotalAge (years)

Under 5 5–15 16–19 20–24 25–44 45–64 65 and over

1933 ...................... 125,579 10,612 26,897 9,302 11,152 37,319 22,933 7,3631939 ...................... 130,880 10,418 25,179 9,822 11,519 39,354 25,823 8,7641940 ...................... 132,122 10,579 24,811 9,895 11,690 39,868 26,249 9,0311941 ...................... 133,402 10,850 24,516 9,840 11,807 40,383 26,718 9,2881942 ...................... 134,860 11,301 24,231 9,730 11,955 40,861 27,196 9,5841943 ...................... 136,739 12,016 24,093 9,607 12,064 41,420 27,671 9,8671944 ...................... 138,397 12,524 23,949 9,561 12,062 42,016 28,138 10,1471945 ...................... 139,928 12,979 23,907 9,361 12,036 42,521 28,630 10,4941946 ...................... 141,389 13,244 24,103 9,119 12,004 43,027 29,064 10,8281947 ...................... 144,126 14,406 24,468 9,097 11,814 43,657 29,498 11,1851948 ...................... 146,631 14,919 25,209 8,952 11,794 44,288 29,931 11,5381949 ...................... 149,188 15,607 25,852 8,788 11,700 44,916 30,405 11,9211950 ...................... 152,271 16,410 26,721 8,542 11,680 45,672 30,849 12,3971951 ...................... 154,878 17,333 27,279 8,446 11,552 46,103 31,362 12,8031952 ...................... 157,553 17,312 28,894 8,414 11,350 46,495 31,884 13,2031953 ...................... 160,184 17,638 30,227 8,460 11,062 46,786 32,394 13,6171954 ...................... 163,026 18,057 31,480 8,637 10,832 47,001 32,942 14,0761955 ...................... 165,931 18,566 32,682 8,744 10,714 47,194 33,506 14,5251956 ...................... 168,903 19,003 33,994 8,916 10,616 47,379 34,057 14,9381957 ...................... 171,984 19,494 35,272 9,195 10,603 47,440 34,591 15,3881958 ...................... 174,882 19,887 36,445 9,543 10,756 47,337 35,109 15,8061959 ...................... 177,830 20,175 37,368 10,215 10,969 47,192 35,663 16,2481960 ...................... 180,671 20,341 38,494 10,683 11,134 47,140 36,203 16,6751961 ...................... 183,691 20,522 39,765 11,025 11,483 47,084 36,722 17,0891962 ...................... 186,538 20,469 41,205 11,180 11,959 47,013 37,255 17,4571963 ...................... 189,242 20,342 41,626 12,007 12,714 46,994 37,782 17,7781964 ...................... 191,889 20,165 42,297 12,736 13,269 46,958 38,338 18,1271965 ...................... 194,303 19,824 42,938 13,516 13,746 46,912 38,916 18,4511966 ...................... 196,560 19,208 43,702 14,311 14,050 47,001 39,534 18,7551967 ...................... 198,712 18,563 44,244 14,200 15,248 47,194 40,193 19,0711968 ...................... 200,706 17,913 44,622 14,452 15,786 47,721 40,846 19,3651969 ...................... 202,677 17,376 44,840 14,800 16,480 48,064 41,437 19,6801970 ...................... 205,052 17,166 44,816 15,289 17,202 48,473 41,999 20,1071971 ...................... 207,661 17,244 44,591 15,688 18,159 48,936 42,482 20,5611972 ...................... 209,896 17,101 44,203 16,039 18,153 50,482 42,898 21,0201973 ...................... 211,909 16,851 43,582 16,446 18,521 51,749 43,235 21,5251974 ...................... 213,854 16,487 42,989 16,769 18,975 53,051 43,522 22,0611975 ...................... 215,973 16,121 42,508 17,017 19,527 54,302 43,801 22,6961976 ...................... 218,035 15,617 42,099 17,194 19,986 55,852 44,008 23,2781977 ...................... 220,239 15,564 41,298 17,276 20,499 57,561 44,150 23,8921978 ...................... 222,585 15,735 40,428 17,288 20,946 59,400 44,286 24,5021979 ...................... 225,055 16,063 39,552 17,242 21,297 61,379 44,390 25,1341980 ...................... 227,726 16,451 38,838 17,167 21,590 63,470 44,504 25,7071981 ...................... 229,966 16,893 38,144 16,812 21,869 65,528 44,500 26,2211982 ...................... 232,188 17,228 37,784 16,332 21,902 67,692 44,462 26,7871983 ...................... 234,307 17,547 37,526 15,823 21,844 69,733 44,474 27,3611984 ...................... 236,348 17,695 37,461 15,295 21,737 71,735 44,547 27,8781985 ...................... 238,466 17,842 37,450 15,005 21,478 73,673 44,602 28,4161986 ...................... 240,651 17,963 37,404 15,024 20,942 75,651 44,660 29,0081987 ...................... 242,804 18,052 37,333 15,215 20,385 77,338 44,854 29,6261988 ...................... 245,021 18,195 37,593 15,198 19,846 78,595 45,471 30,1241989 ...................... 247,342 18,508 37,972 14,913 19,442 79,943 45,882 30,6821990 ...................... 250,132 18,856 38,632 14,466 19,323 81,291 46,316 31,2471991 ...................... 253,493 19,208 39,349 13,992 19,414 82,844 46,874 31,8121992 ...................... 256,894 19,528 40,161 13,781 19,314 83,201 48,553 32,3561993 ...................... 260,255 19,729 40,904 13,953 19,101 83,766 49,899 32,9021994 ...................... 263,436 19,777 41,689 14,228 18,758 84,334 51,318 33,3311995 ...................... 266,557 19,627 42,510 14,522 18,391 84,933 52,806 33,7691996 ...................... 269,667 19,408 43,172 15,057 17,965 85,527 54,396 34,1431997 ...................... 272,912 19,233 43,833 15,433 17,992 85,737 56,283 34,4021998 ...................... 276,115 19,145 44,332 15,856 18,250 85,663 58,249 34,6191999 ...................... 279,295 19,136 44,755 16,164 18,672 85,408 60,362 34,7982000 1 .................... 282,385 19,186 45,152 16,213 19,186 85,153 62,417 35,0772001 1 .................... 285,267 19,348 45,178 16,252 19,855 84,889 64,414 35,3322002 1 .................... 288,028 19,534 45,125 16,302 20,367 84,557 66,553 35,5912003 1 .................... 290,704 19,770 45,040 16,349 20,769 84,202 68,623 35,9522004 1 .................... 293,310 20,059 44,881 16,497 20,964 83,953 70,654 36,3012005 1 .................... 295,994 20,301 44,709 16,632 21,038 83,776 72,786 36,7522006 1 .................... 298,766 20,436 44,533 16,945 21,072 83,730 74,787 37,2642007 1 .................... 301,714 20,730 44,390 17,200 21,111 83,724 76,616 37,9422008 1 .................... 304,483 21,006 44,320 17,330 21,204 83,676 78,077 38,8702009 1 .................... 307,226 21,268 44,371 17,319 21,424 83,565 79,651 39,628

1 Revised total population data are available as follows: 2000, 282,385; 2001, 285,309; 2002, 288,105; 2003, 290,820; 2004, 293,463; 2005, 296,186; 2006,298,996; 2007, 302,004; 2008, 304,798; and 2009, 307,439.

Note: Includes Armed Forces overseas beginning with 1940. Includes Alaska and Hawaii beginning with 1950.All estimates are consistent with decennial census enumerations.Source: Department of Commerce (Bureau of the Census).

Population, Employment, Wages, and Productivity

372 | Appendix B

Table B–35. Civilian population and labor force, 1929–2009[Monthly data seasonally adjusted, except as noted]

Year or monthCivilian

noninsti-tutional

population 1

Civilian labor force

Not inlaborforce

Civilianlabor forceparticipa-tion rate 2

Civilianemploy-ment/

populationratio 3

Unemploy-mentrate,

civilianworkers 4

Total

EmploymentUn-

employ-mentTotal Agricultural Non-

agricultural

Thousands of persons 14 years of age and over Percent

1929 ...................... .................... 49,180 47,630 10,450 37,180 1,550 .................. ................... ................... 3.21933 ...................... .................... 51,590 38,760 10,090 28,670 12,830 .................. ................... ................... 24.91939 ...................... .................... 55,230 45,750 9,610 36,140 9,480 .................. ................... ................... 17.21940 ...................... 99,840 55,640 47,520 9,540 37,980 8,120 44,200 55.7 47.6 14.61941 ...................... 99,900 55,910 50,350 9,100 41,250 5,560 43,990 56.0 50.4 9.91942 ...................... 98,640 56,410 53,750 9,250 44,500 2,660 42,230 57.2 54.5 4.71943 ...................... 94,640 55,540 54,470 9,080 45,390 1,070 39,100 58.7 57.6 1.91944 ...................... 93,220 54,630 53,960 8,950 45,010 670 38,590 58.6 57.9 1.21945 ...................... 94,090 53,860 52,820 8,580 44,240 1,040 40,230 57.2 56.1 1.91946 ...................... 103,070 57,520 55,250 8,320 46,930 2,270 45,550 55.8 53.6 3.91947 ...................... 106,018 60,168 57,812 8,256 49,557 2,356 45,850 56.8 54.5 3.9

Thousands of persons 16 years of age and over

1947 ...................... 101,827 59,350 57,038 7,890 49,148 2,311 42,477 58.3 56.0 3.91948 ...................... 103,068 60,621 58,343 7,629 50,714 2,276 42,447 58.8 56.6 3.81949 ...................... 103,994 61,286 57,651 7,658 49,993 3,637 42,708 58.9 55.4 5.91950 ...................... 104,995 62,208 58,918 7,160 51,758 3,288 42,787 59.2 56.1 5.31951 ...................... 104,621 62,017 59,961 6,726 53,235 2,055 42,604 59.2 57.3 3.31952 ...................... 105,231 62,138 60,250 6,500 53,749 1,883 43,093 59.0 57.3 3.01953 5 .................... 107,056 63,015 61,179 6,260 54,919 1,834 44,041 58.9 57.1 2.91954 ...................... 108,321 63,643 60,109 6,205 53,904 3,532 44,678 58.8 55.5 5.51955 ...................... 109,683 65,023 62,170 6,450 55,722 2,852 44,660 59.3 56.7 4.41956 ...................... 110,954 66,552 63,799 6,283 57,514 2,750 44,402 60.0 57.5 4.11957 ...................... 112,265 66,929 64,071 5,947 58,123 2,859 45,336 59.6 57.1 4.31958 ...................... 113,727 67,639 63,036 5,586 57,450 4,602 46,088 59.5 55.4 6.81959 ...................... 115,329 68,369 64,630 5,565 59,065 3,740 46,960 59.3 56.0 5.51960 5 .................... 117,245 69,628 65,778 5,458 60,318 3,852 47,617 59.4 56.1 5.51961 ...................... 118,771 70,459 65,746 5,200 60,546 4,714 48,312 59.3 55.4 6.71962 5 .................... 120,153 70,614 66,702 4,944 61,759 3,911 49,539 58.8 55.5 5.51963 ...................... 122,416 71,833 67,762 4,687 63,076 4,070 50,583 58.7 55.4 5.71964 ...................... 124,485 73,091 69,305 4,523 64,782 3,786 51,394 58.7 55.7 5.21965 ...................... 126,513 74,455 71,088 4,361 66,726 3,366 52,058 58.9 56.2 4.51966 ...................... 128,058 75,770 72,895 3,979 68,915 2,875 52,288 59.2 56.9 3.81967 ...................... 129,874 77,347 74,372 3,844 70,527 2,975 52,527 59.6 57.3 3.81968 ...................... 132,028 78,737 75,920 3,817 72,103 2,817 53,291 59.6 57.5 3.61969 ...................... 134,335 80,734 77,902 3,606 74,296 2,832 53,602 60.1 58.0 3.51970 ...................... 137,085 82,771 78,678 3,463 75,215 4,093 54,315 60.4 57.4 4.91971 ...................... 140,216 84,382 79,367 3,394 75,972 5,016 55,834 60.2 56.6 5.91972 5 .................... 144,126 87,034 82,153 3,484 78,669 4,882 57,091 60.4 57.0 5.61973 5 .................... 147,096 89,429 85,064 3,470 81,594 4,365 57,667 60.8 57.8 4.91974 ...................... 150,120 91,949 86,794 3,515 83,279 5,156 58,171 61.3 57.8 5.61975 ...................... 153,153 93,775 85,846 3,408 82,438 7,929 59,377 61.2 56.1 8.51976 ...................... 156,150 96,158 88,752 3,331 85,421 7,406 59,991 61.6 56.8 7.71977 ...................... 159,033 99,009 92,017 3,283 88,734 6,991 60,025 62.3 57.9 7.11978 5 .................... 161,910 102,251 96,048 3,387 92,661 6,202 59,659 63.2 59.3 6.11979 ...................... 164,863 104,962 98,824 3,347 95,477 6,137 59,900 63.7 59.9 5.81980 ...................... 167,745 106,940 99,303 3,364 95,938 7,637 60,806 63.8 59.2 7.11981 ...................... 170,130 108,670 100,397 3,368 97,030 8,273 61,460 63.9 59.0 7.61982 ...................... 172,271 110,204 99,526 3,401 96,125 10,678 62,067 64.0 57.8 9.71983 ...................... 174,215 111,550 100,834 3,383 97,450 10,717 62,665 64.0 57.9 9.61984 ...................... 176,383 113,544 105,005 3,321 101,685 8,539 62,839 64.4 59.5 7.51985 ...................... 178,206 115,461 107,150 3,179 103,971 8,312 62,744 64.8 60.1 7.21986 5 .................... 180,587 117,834 109,597 3,163 106,434 8,237 62,752 65.3 60.7 7.01987 ...................... 182,753 119,865 112,440 3,208 109,232 7,425 62,888 65.6 61.5 6.21988 ...................... 184,613 121,669 114,968 3,169 111,800 6,701 62,944 65.9 62.3 5.51989 ...................... 186,393 123,869 117,342 3,199 114,142 6,528 62,523 66.5 63.0 5.31990 5 .................... 189,164 125,840 118,793 3,223 115,570 7,047 63,324 66.5 62.8 5.61991 ...................... 190,925 126,346 117,718 3,269 114,449 8,628 64,578 66.2 61.7 6.81992 ...................... 192,805 128,105 118,492 3,247 115,245 9,613 64,700 66.4 61.5 7.51993 ...................... 194,838 129,200 120,259 3,115 117,144 8,940 65,638 66.3 61.7 6.91994 5 .................... 196,814 131,056 123,060 3,409 119,651 7,996 65,758 66.6 62.5 6.11995 ...................... 198,584 132,304 124,900 3,440 121,460 7,404 66,280 66.6 62.9 5.61996 ...................... 200,591 133,943 126,708 3,443 123,264 7,236 66,647 66.8 63.2 5.41997 5 .................... 203,133 136,297 129,558 3,399 126,159 6,739 66,837 67.1 63.8 4.91998 5 .................... 205,220 137,673 131,463 3,378 128,085 6,210 67,547 67.1 64.1 4.51999 5 .................... 207,753 139,368 133,488 3,281 130,207 5,880 68,385 67.1 64.3 4.2

1 Not seasonally adjusted.2 Civilian labor force as percent of civilian noninstitutional population.3 Civilian employment as percent of civilian noninstitutional population.4 Unemployed as percent of civilian labor force.See next page for continuation of table.

Population, Employment, Wages, and Productivity | 373

Table B–35. Civilian population and labor force, 1929–2009—Continued[Monthly data seasonally adjusted, except as noted]

Year or monthCivilian

noninsti-tutional

population 1

Civilian labor force

Not inlaborforce

Civilianlabor forceparticipa-tion rate 2

Civilianemploy-ment/

populationratio 3

Unemploy-mentrate,

civilianworkers 4

Total

EmploymentUn-

employ-mentTotal Agricultural Non-

agricultural

Thousands of persons 16 years of age and over Percent

2000 5, 6 ................ 212,577 142,583 136,891 2,464 134,427 5,692 69,994 67.1 64.4 4.02001 ...................... 215,092 143,734 136,933 2,299 134,635 6,801 71,359 66.8 63.7 4.72002 ...................... 217,570 144,863 136,485 2,311 134,174 8,378 72,707 66.6 62.7 5.82003 5 .................... 221,168 146,510 137,736 2,275 135,461 8,774 74,658 66.2 62.3 6.02004 5 .................... 223,357 147,401 139,252 2,232 137,020 8,149 75,956 66.0 62.3 5.52005 5 .................... 226,082 149,320 141,730 2,197 139,532 7,591 76,762 66.0 62.7 5.12006 5 .................... 228,815 151,428 144,427 2,206 142,221 7,001 77,387 66.2 63.1 4.62007 5 .................... 231,867 153,124 146,047 2,095 143,952 7,078 78,743 66.0 63.0 4.62008 5 .................... 233,788 154,287 145,362 2,168 143,194 8,924 79,501 66.0 62.2 5.82009 5 .................... 235,801 154,142 139,877 2,103 137,775 14,265 81,659 65.4 59.3 9.32006: Jan 5 ........... 227,553 150,201 143,142 2,163 140,932 7,059 77,352 66.0 62.9 4.7

Feb ............. 227,763 150,629 143,444 2,180 141,251 7,185 77,135 66.1 63.0 4.8Mar ............ 227,975 150,839 143,765 2,157 141,573 7,075 77,136 66.2 63.1 4.7Apr ............. 228,199 150,915 143,794 2,253 141,461 7,122 77,284 66.1 63.0 4.7May ............ 228,428 151,085 144,108 2,198 141,889 6,977 77,343 66.1 63.1 4.6June ........... 228,671 151,368 144,370 2,258 142,065 6,998 77,303 66.2 63.1 4.6July ............ 228,912 151,383 144,229 2,280 142,083 7,154 77,529 66.1 63.0 4.7Aug ............. 229,167 151,729 144,631 2,237 142,442 7,097 77,439 66.2 63.1 4.7Sept ............ 229,420 151,650 144,797 2,176 142,640 6,853 77,770 66.1 63.1 4.5Oct .............. 229,675 152,020 145,292 2,179 143,188 6,728 77,655 66.2 63.3 4.4Nov ............. 229,905 152,360 145,477 2,159 143,280 6,883 77,545 66.3 63.3 4.5Dec ............. 230,108 152,698 145,914 2,226 143,661 6,784 77,410 66.4 63.4 4.4

2007: Jan 5 ........... 230,650 153,117 146,032 2,214 143,757 7,085 77,533 66.4 63.3 4.6Feb ............. 230,834 152,941 146,043 2,302 143,738 6,898 77,893 66.3 63.3 4.5Mar ............ 231,034 153,093 146,368 2,188 144,155 6,725 77,940 66.3 63.4 4.4Apr ............. 231,253 152,531 145,686 2,077 143,545 6,845 78,721 66.0 63.0 4.5May ............ 231,480 152,717 145,952 2,088 143,843 6,765 78,763 66.0 63.1 4.4June ........... 231,713 153,045 146,079 1,951 144,137 6,966 78,668 66.0 63.0 4.6July ............ 231,958 153,039 145,926 2,017 144,033 7,113 78,919 66.0 62.9 4.6Aug ............. 232,211 152,781 145,685 1,861 143,856 7,096 79,429 65.8 62.7 4.6Sept ............ 232,461 153,393 146,193 2,077 144,117 7,200 79,067 66.0 62.9 4.7Oct .............. 232,715 153,158 145,885 2,113 143,846 7,273 79,557 65.8 62.7 4.7Nov ............. 232,939 153,767 146,483 2,138 144,347 7,284 79,172 66.0 62.9 4.7Dec ............. 233,156 153,869 146,173 2,207 143,926 7,696 79,286 66.0 62.7 5.0

2008: Jan 5 ........... 232,616 154,048 146,421 2,205 144,146 7,628 78,568 66.2 62.9 5.0Feb ............. 232,809 153,600 146,165 2,202 143,965 7,435 79,209 66.0 62.8 4.8Mar ............ 232,995 153,966 146,173 2,190 143,976 7,793 79,029 66.1 62.7 5.1Apr ............. 233,198 153,936 146,306 2,122 144,129 7,631 79,262 66.0 62.7 5.0May ............ 233,405 154,420 146,023 2,125 143,888 8,397 78,985 66.2 62.6 5.4June ........... 233,627 154,327 145,768 2,126 143,639 8,560 79,300 66.1 62.4 5.5July ............ 233,864 154,410 145,515 2,141 143,422 8,895 79,454 66.0 62.2 5.8Aug ............. 234,107 154,696 145,187 2,148 143,045 9,509 79,411 66.1 62.0 6.1Sept ............ 234,360 154,590 145,021 2,207 142,793 9,569 79,770 66.0 61.9 6.2Oct .............. 234,612 154,849 144,677 2,192 142,576 10,172 79,764 66.0 61.7 6.6Nov ............. 234,828 154,524 143,907 2,195 141,742 10,617 80,304 65.8 61.3 6.9Dec ............. 235,035 154,587 143,188 2,185 140,975 11,400 80,448 65.8 60.9 7.4

2009: Jan 5 ........... 234,739 154,140 142,221 2,147 140,014 11,919 80,599 65.7 60.6 7.7Feb ............. 234,913 154,401 141,687 2,148 139,559 12,714 80,512 65.7 60.3 8.2Mar ............ 235,086 154,164 140,854 2,051 138,830 13,310 80,922 65.6 59.9 8.6Apr ............. 235,271 154,718 140,902 2,143 138,762 13,816 80,554 65.8 59.9 8.9May ............ 235,452 154,956 140,438 2,166 138,287 14,518 80,496 65.8 59.6 9.4June ........... 235,655 154,759 140,038 2,154 137,825 14,721 80,895 65.7 59.4 9.5July ............ 235,870 154,351 139,817 2,138 137,629 14,534 81,519 65.4 59.3 9.4Aug ............. 236,087 154,426 139,433 2,095 137,285 14,993 81,661 65.4 59.1 9.7Sept ............ 236,322 153,927 138,768 2,009 136,752 15,159 82,396 65.1 58.7 9.8Oct .............. 236,550 153,854 138,242 2,041 136,311 15,612 82,696 65.0 58.4 10.1Nov ............. 236,743 153,720 138,381 2,086 136,357 15,340 83,022 64.9 58.5 10.0Dec ............. 236,924 153,059 137,792 2,056 135,717 15,267 83,865 64.6 58.2 10.0

5 Not strictly comparable with earlier data due to population adjustments or other changes. See Employment and Earnings or population control adjustmentsto the Current Population Survey (CPS) at http://www.bls.gov/cps/documentation.htm#concepts for details on breaks in series.

6 Beginning in 2000, data for agricultural employment are for agricultural and related industries; data for this series and for nonagricultural employment arenot strictly comparable with data for earlier years. Because of independent seasonal adjustment for these two series, monthly data will not add to total civilianemployment.

Note: Labor force data in Tables B–35 through B–44 are based on household interviews and relate to the calendar week including the 12th of the month. Fordefinitions of terms, area samples used, historical comparability of the data, comparability with other series, etc., see Employment and Earnings or populationcontrol adjustments to the CPS at http://www.bls.gov/cps/documentation.htm#concepts.

Source: Department of Labor (Bureau of Labor Statistics).

374 | Appendix B

Table B–36. Civilian employment and unemployment by sex and age, 1962–2009[Thousands of persons 16 years of age and over; monthly data seasonally adjusted]

Year or month

Civilian employment Unemployment

Total

Males Females

Total

Males Females

Total 16–19years

20yearsandover

Total 16–19years

20yearsandover

Total 16–19years

20yearsandover

Total 16–19years

20yearsandover

1962 ...................... 66,702 44,177 2,362 41,815 22,525 1,833 20,693 3,911 2,423 408 2,016 1,488 313 1,1751963 ...................... 67,762 44,657 2,406 42,251 23,105 1,849 21,257 4,070 2,472 501 1,971 1,598 383 1,2161964 ...................... 69,305 45,474 2,587 42,886 23,831 1,929 21,903 3,786 2,205 487 1,718 1,581 385 1,1951965 ...................... 71,088 46,340 2,918 43,422 24,748 2,118 22,630 3,366 1,914 479 1,435 1,452 395 1,0561966 ...................... 72,895 46,919 3,253 43,668 25,976 2,468 23,510 2,875 1,551 432 1,120 1,324 405 9211967 ...................... 74,372 47,479 3,186 44,294 26,893 2,496 24,397 2,975 1,508 448 1,060 1,468 391 1,0781968 ...................... 75,920 48,114 3,255 44,859 27,807 2,526 25,281 2,817 1,419 426 993 1,397 412 9851969 ...................... 77,902 48,818 3,430 45,388 29,084 2,687 26,397 2,832 1,403 440 963 1,429 413 1,0151970 ...................... 78,678 48,990 3,409 45,581 29,688 2,735 26,952 4,093 2,238 599 1,638 1,855 506 1,3491971 ...................... 79,367 49,390 3,478 45,912 29,976 2,730 27,246 5,016 2,789 693 2,097 2,227 568 1,6581972 ...................... 82,153 50,896 3,765 47,130 31,257 2,980 28,276 4,882 2,659 711 1,948 2,222 598 1,6251973 ...................... 85,064 52,349 4,039 48,310 32,715 3,231 29,484 4,365 2,275 653 1,624 2,089 583 1,5071974 ...................... 86,794 53,024 4,103 48,922 33,769 3,345 30,424 5,156 2,714 757 1,957 2,441 665 1,7771975 ...................... 85,846 51,857 3,839 48,018 33,989 3,263 30,726 7,929 4,442 966 3,476 3,486 802 2,6841976 ...................... 88,752 53,138 3,947 49,190 35,615 3,389 32,226 7,406 4,036 939 3,098 3,369 780 2,5881977 ...................... 92,017 54,728 4,174 50,555 37,289 3,514 33,775 6,991 3,667 874 2,794 3,324 789 2,5351978 ...................... 96,048 56,479 4,336 52,143 39,569 3,734 35,836 6,202 3,142 813 2,328 3,061 769 2,2921979 ...................... 98,824 57,607 4,300 53,308 41,217 3,783 37,434 6,137 3,120 811 2,308 3,018 743 2,2761980 ...................... 99,303 57,186 4,085 53,101 42,117 3,625 38,492 7,637 4,267 913 3,353 3,370 755 2,6151981 ...................... 100,397 57,397 3,815 53,582 43,000 3,411 39,590 8,273 4,577 962 3,615 3,696 800 2,8951982 ...................... 99,526 56,271 3,379 52,891 43,256 3,170 40,086 10,678 6,179 1,090 5,089 4,499 886 3,6131983 ...................... 100,834 56,787 3,300 53,487 44,047 3,043 41,004 10,717 6,260 1,003 5,257 4,457 825 3,6321984 ...................... 105,005 59,091 3,322 55,769 45,915 3,122 42,793 8,539 4,744 812 3,932 3,794 687 3,1071985 ...................... 107,150 59,891 3,328 56,562 47,259 3,105 44,154 8,312 4,521 806 3,715 3,791 661 3,1291986 ...................... 109,597 60,892 3,323 57,569 48,706 3,149 45,556 8,237 4,530 779 3,751 3,707 675 3,0321987 ...................... 112,440 62,107 3,381 58,726 50,334 3,260 47,074 7,425 4,101 732 3,369 3,324 616 2,7091988 ...................... 114,968 63,273 3,492 59,781 51,696 3,313 48,383 6,701 3,655 667 2,987 3,046 558 2,4871989 ...................... 117,342 64,315 3,477 60,837 53,027 3,282 49,745 6,528 3,525 658 2,867 3,003 536 2,4671990 ...................... 118,793 65,104 3,427 61,678 53,689 3,154 50,535 7,047 3,906 667 3,239 3,140 544 2,5961991 ...................... 117,718 64,223 3,044 61,178 53,496 2,862 50,634 8,628 4,946 751 4,195 3,683 608 3,0741992 ...................... 118,492 64,440 2,944 61,496 54,052 2,724 51,328 9,613 5,523 806 4,717 4,090 621 3,4691993 ...................... 120,259 65,349 2,994 62,355 54,910 2,811 52,099 8,940 5,055 768 4,287 3,885 597 3,2881994 ...................... 123,060 66,450 3,156 63,294 56,610 3,005 53,606 7,996 4,367 740 3,627 3,629 580 3,0491995 ...................... 124,900 67,377 3,292 64,085 57,523 3,127 54,396 7,404 3,983 744 3,239 3,421 602 2,8191996 ...................... 126,708 68,207 3,310 64,897 58,501 3,190 55,311 7,236 3,880 733 3,146 3,356 573 2,7831997 ...................... 129,558 69,685 3,401 66,284 59,873 3,260 56,613 6,739 3,577 694 2,882 3,162 577 2,5851998 ...................... 131,463 70,693 3,558 67,135 60,771 3,493 57,278 6,210 3,266 686 2,580 2,944 519 2,4241999 ...................... 133,488 71,446 3,685 67,761 62,042 3,487 58,555 5,880 3,066 633 2,433 2,814 529 2,2852000 ...................... 136,891 73,305 3,671 69,634 63,586 3,519 60,067 5,692 2,975 599 2,376 2,717 483 2,2352001 ...................... 136,933 73,196 3,420 69,776 63,737 3,320 60,417 6,801 3,690 650 3,040 3,111 512 2,5992002 ...................... 136,485 72,903 3,169 69,734 63,582 3,162 60,420 8,378 4,597 700 3,896 3,781 553 3,2282003 ...................... 137,736 73,332 2,917 70,415 64,404 3,002 61,402 8,774 4,906 697 4,209 3,868 554 3,3142004 ...................... 139,252 74,524 2,952 71,572 64,728 2,955 61,773 8,149 4,456 664 3,791 3,694 543 3,1502005 ...................... 141,730 75,973 2,923 73,050 65,757 3,055 62,702 7,591 4,059 667 3,392 3,531 519 3,0132006 ...................... 144,427 77,502 3,071 74,431 66,925 3,091 63,834 7,001 3,753 622 3,131 3,247 496 2,7512007 ...................... 146,047 78,254 2,917 75,337 67,792 2,994 64,799 7,078 3,882 623 3,259 3,196 478 2,7182008 ...................... 145,362 77,486 2,736 74,750 67,876 2,837 65,039 8,924 5,033 736 4,297 3,891 549 3,3422009 ...................... 139,877 73,670 2,328 71,341 66,208 2,509 63,699 14,265 8,453 898 7,555 5,811 654 5,1572008: Jan ............. 146,421 78,259 2,782 75,477 68,162 2,981 65,181 7,628 4,238 749 3,489 3,390 501 2,889

Feb ............. 146,165 78,224 2,785 75,439 67,941 2,900 65,041 7,435 4,070 629 3,441 3,365 494 2,871Mar ............ 146,173 78,101 2,794 75,306 68,072 2,945 65,127 7,793 4,253 604 3,649 3,540 487 3,054Apr ............. 146,306 78,104 2,872 75,232 68,202 3,024 65,178 7,631 4,232 593 3,639 3,398 495 2,903May ............ 146,023 77,959 2,915 75,044 68,064 2,912 65,152 8,397 4,619 766 3,853 3,779 591 3,187June ........... 145,768 77,769 2,769 75,000 67,998 2,820 65,178 8,560 4,777 740 4,037 3,783 568 3,215July ............ 145,515 77,646 2,681 74,964 67,869 2,802 65,067 8,895 5,128 850 4,278 3,767 587 3,180Aug ............. 145,187 77,436 2,737 74,698 67,752 2,796 64,956 9,509 5,253 714 4,540 4,256 579 3,677Sept ............ 145,021 77,205 2,725 74,480 67,816 2,801 65,015 9,569 5,603 739 4,864 3,967 579 3,388Oct .............. 144,677 76,902 2,661 74,241 67,775 2,772 65,003 10,172 5,918 851 5,067 4,254 531 3,723Nov ............. 143,907 76,407 2,557 73,850 67,500 2,694 64,806 10,617 6,153 800 5,353 4,464 538 3,926Dec ............. 143,188 75,812 2,575 73,237 67,376 2,632 64,744 11,400 6,650 778 5,871 4,750 590 4,160

2009: Jan ............. 142,221 75,118 2,492 72,625 67,103 2,713 64,391 11,919 6,948 805 6,144 4,971 569 4,402Feb ............. 141,687 74,756 2,490 72,266 66,931 2,693 64,238 12,714 7,425 831 6,593 5,290 614 4,676Mar ............ 140,854 74,072 2,405 71,667 66,782 2,673 64,110 13,310 7,852 840 7,013 5,458 595 4,863Apr ............. 140,902 74,107 2,442 71,665 66,794 2,647 64,147 13,816 8,295 854 7,441 5,521 563 4,957May ............ 140,438 73,974 2,423 71,552 66,463 2,617 63,847 14,518 8,689 902 7,787 5,829 616 5,213June ........... 140,038 73,727 2,373 71,354 66,311 2,570 63,741 14,721 8,749 857 7,892 5,972 729 5,243July ............ 139,817 73,613 2,357 71,255 66,205 2,519 63,685 14,534 8,642 914 7,728 5,892 667 5,225Aug ............. 139,433 73,436 2,294 71,142 65,997 2,446 63,552 14,993 9,031 976 8,055 5,962 667 5,295Sept ............ 138,768 73,120 2,259 70,861 65,648 2,368 63,280 15,159 9,077 961 8,116 6,081 675 5,406Oct .............. 138,242 72,844 2,182 70,662 65,398 2,266 63,133 15,612 9,340 978 8,362 6,271 717 5,554Nov ............. 138,381 72,794 2,131 70,662 65,587 2,318 63,269 15,340 9,171 932 8,239 6,169 695 5,473Dec ............. 137,792 72,499 2,108 70,391 65,293 2,294 62,998 15,267 8,955 944 8,011 6,312 690 5,622

Note: See footnote 5 and Note, Table B–35.Source: Department of Labor (Bureau of Labor Statistics).

Population, Employment, Wages, and Productivity | 375

Table B–37. Civilian employment by demographic characteristic, 1962–2009[Thousands of persons 16 years of age and over; monthly data seasonally adjusted]

Year or monthAll

civilianworkers

White 1 Black and other 1 Black or African American 1

Total Males FemalesBothsexes16–19

Total Males FemalesBothsexes16–19

Total Males FemalesBothsexes16–19

1962 ...................... 66,702 59,698 40,016 19,682 3,774 7,003 4,160 2,843 420 .............. .............. ............. ...............1963 ...................... 67,762 60,622 40,428 20,194 3,851 7,140 4,229 2,911 404 .............. .............. ............. ...............1964 ...................... 69,305 61,922 41,115 20,807 4,076 7,383 4,359 3,024 440 .............. .............. ............. ...............1965 ...................... 71,088 63,446 41,844 21,602 4,562 7,643 4,496 3,147 474 .............. .............. ............. ...............1966 ...................... 72,895 65,021 42,331 22,690 5,176 7,877 4,588 3,289 545 .............. .............. ............. ...............1967 ...................... 74,372 66,361 42,833 23,528 5,114 8,011 4,646 3,365 568 .............. .............. ............. ...............1968 ...................... 75,920 67,750 43,411 24,339 5,195 8,169 4,702 3,467 584 .............. .............. ............. ...............1969 ...................... 77,902 69,518 44,048 25,470 5,508 8,384 4,770 3,614 609 .............. .............. ............. ...............1970 ...................... 78,678 70,217 44,178 26,039 5,571 8,464 4,813 3,650 574 .............. .............. ............. ...............1971 ...................... 79,367 70,878 44,595 26,283 5,670 8,488 4,796 3,692 538 .............. .............. ............. ...............1972 ...................... 82,153 73,370 45,944 27,426 6,173 8,783 4,952 3,832 573 7,802 4,368 3,433 5091973 ...................... 85,064 75,708 47,085 28,623 6,623 9,356 5,265 4,092 647 8,128 4,527 3,601 5701974 ...................... 86,794 77,184 47,674 29,511 6,796 9,610 5,352 4,258 652 8,203 4,527 3,677 5541975 ...................... 85,846 76,411 46,697 29,714 6,487 9,435 5,161 4,275 615 7,894 4,275 3,618 5071976 ...................... 88,752 78,853 47,775 31,078 6,724 9,899 5,363 4,536 611 8,227 4,404 3,823 5081977 ...................... 92,017 81,700 49,150 32,550 7,068 10,317 5,579 4,739 619 8,540 4,565 3,975 5081978 ...................... 96,048 84,936 50,544 34,392 7,367 11,112 5,936 5,177 703 9,102 4,796 4,307 5711979 ...................... 98,824 87,259 51,452 35,807 7,356 11,565 6,156 5,409 727 9,359 4,923 4,436 5791980 ...................... 99,303 87,715 51,127 36,587 7,021 11,588 6,059 5,529 689 9,313 4,798 4,515 5471981 ...................... 100,397 88,709 51,315 37,394 6,588 11,688 6,083 5,606 637 9,355 4,794 4,561 5051982 ...................... 99,526 87,903 50,287 37,615 5,984 11,624 5,983 5,641 565 9,189 4,637 4,552 4281983 ...................... 100,834 88,893 50,621 38,272 5,799 11,941 6,166 5,775 543 9,375 4,753 4,622 4161984 ...................... 105,005 92,120 52,462 39,659 5,836 12,885 6,629 6,256 607 10,119 5,124 4,995 4741985 ...................... 107,150 93,736 53,046 40,690 5,768 13,414 6,845 6,569 666 10,501 5,270 5,231 5321986 ...................... 109,597 95,660 53,785 41,876 5,792 13,937 7,107 6,830 681 10,814 5,428 5,386 5361987 ...................... 112,440 97,789 54,647 43,142 5,898 14,652 7,459 7,192 742 11,309 5,661 5,648 5871988 ...................... 114,968 99,812 55,550 44,262 6,030 15,156 7,722 7,434 774 11,658 5,824 5,834 6011989 ...................... 117,342 101,584 56,352 45,232 5,946 15,757 7,963 7,795 813 11,953 5,928 6,025 6251990 ...................... 118,793 102,261 56,703 45,558 5,779 16,533 8,401 8,131 801 12,175 5,995 6,180 5981991 ...................... 117,718 101,182 55,797 45,385 5,216 16,536 8,426 8,110 690 12,074 5,961 6,113 4941992 ...................... 118,492 101,669 55,959 45,710 4,985 16,823 8,482 8,342 684 12,151 5,930 6,221 4921993 ...................... 120,259 103,045 56,656 46,390 5,113 17,214 8,693 8,521 691 12,382 6,047 6,334 4941994 ...................... 123,060 105,190 57,452 47,738 5,398 17,870 8,998 8,872 763 12,835 6,241 6,595 5521995 ...................... 124,900 106,490 58,146 48,344 5,593 18,409 9,231 9,179 826 13,279 6,422 6,857 5861996 ...................... 126,708 107,808 58,888 48,920 5,667 18,900 9,319 9,580 832 13,542 6,456 7,086 6131997 ...................... 129,558 109,856 59,998 49,859 5,807 19,701 9,687 10,014 853 13,969 6,607 7,362 6311998 ...................... 131,463 110,931 60,604 50,327 6,089 20,532 10,089 10,443 962 14,556 6,871 7,685 7361999 ...................... 133,488 112,235 61,139 51,096 6,204 21,253 10,307 10,945 968 15,056 7,027 8,029 6912000 ...................... 136,891 114,424 62,289 52,136 6,160 .............. .............. ............. ............. 15,156 7,082 8,073 7112001 ...................... 136,933 114,430 62,212 52,218 5,817 .............. .............. ............. ............. 15,006 6,938 8,068 6372002 ...................... 136,485 114,013 61,849 52,164 5,441 .............. .............. ............. ............. 14,872 6,959 7,914 6112003 ...................... 137,736 114,235 61,866 52,369 5,064 .............. .............. ............. ............. 14,739 6,820 7,919 5162004 ...................... 139,252 115,239 62,712 52,527 5,039 .............. .............. ............. ............. 14,909 6,912 7,997 5202005 ...................... 141,730 116,949 63,763 53,186 5,105 .............. .............. ............. ............. 15,313 7,155 8,158 5362006 ...................... 144,427 118,833 64,883 53,950 5,215 .............. .............. ............. ............. 15,765 7,354 8,410 6182007 ...................... 146,047 119,792 65,289 54,503 4,990 .............. .............. ............. ............. 16,051 7,500 8,551 5662008 ...................... 145,362 119,126 64,624 54,501 4,697 .............. .............. ............. ............. 15,953 7,398 8,554 5412009 ...................... 139,877 114,996 61,630 53,366 4,138 .............. .............. ............. ............. 15,025 6,817 8,208 4422008: Jan ............. 146,421 119,926 65,220 54,706 4,797 .............. .............. ............. ............. 16,079 7,554 8,524 573

Feb ............. 146,165 119,665 65,161 54,504 4,788 .............. .............. ............. ............. 16,165 7,560 8,604 572Mar ............ 146,173 119,695 65,135 54,559 4,839 .............. .............. ............. ............. 16,127 7,477 8,650 527Apr ............. 146,306 119,676 65,040 54,636 4,961 .............. .............. ............. ............. 16,218 7,533 8,685 573May ............ 146,023 119,624 65,029 54,595 4,910 .............. .............. ............. ............. 16,030 7,448 8,582 558June ........... 145,768 119,441 64,837 54,604 4,729 .............. .............. ............. ............. 16,026 7,462 8,563 527July ............ 145,515 119,382 64,885 54,497 4,623 .............. .............. ............. ............. 15,950 7,377 8,573 533Aug ............. 145,187 119,016 64,580 54,436 4,642 .............. .............. ............. ............. 16,024 7,495 8,529 594Sept ............ 145,021 119,031 64,368 54,663 4,607 .............. .............. ............. ............. 15,742 7,329 8,413 564Oct .............. 144,677 118,697 64,153 54,543 4,609 .............. .............. ............. ............. 15,787 7,286 8,501 535Nov ............. 143,907 118,018 63,789 54,229 4,487 .............. .............. ............. ............. 15,676 7,150 8,526 473Dec ............. 143,188 117,335 63,284 54,050 4,421 .............. .............. ............. ............. 15,646 7,126 8,520 483

2009: Jan ............. 142,221 116,709 62,836 53,873 4,409 .............. .............. ............. ............. 15,463 7,014 8,449 496Feb ............. 141,687 116,427 62,487 53,939 4,494 .............. .............. ............. ............. 15,296 6,940 8,356 455Mar ............ 140,854 115,663 61,908 53,755 4,346 .............. .............. ............. ............. 15,176 6,865 8,311 461Apr ............. 140,902 115,896 62,019 53,877 4,300 .............. .............. ............. ............. 15,119 6,839 8,281 496May ............ 140,438 115,451 61,895 53,557 4,315 .............. .............. ............. ............. 15,066 6,822 8,244 442June ........... 140,038 115,102 61,665 53,437 4,205 .............. .............. ............. ............. 15,048 6,792 8,255 448July ............ 139,817 114,984 61,648 53,336 4,140 .............. .............. ............. ............. 15,050 6,832 8,219 476Aug ............. 139,433 114,784 61,510 53,274 4,060 .............. .............. ............. ............. 14,914 6,745 8,169 460Sept ............ 138,768 114,215 61,237 52,979 3,980 .............. .............. ............. ............. 14,754 6,694 8,060 401Oct .............. 138,242 113,754 60,953 52,801 3,816 .............. .............. ............. ............. 14,763 6,748 8,015 409Nov ............. 138,381 113,669 60,833 52,836 3,820 .............. .............. ............. ............. 14,904 6,755 8,148 373Dec ............. 137,792 113,339 60,598 52,741 3,804 .............. .............. ............. ............. 14,758 6,765 7,992 379

1 Beginning in 2003, persons who selected this race group only. Prior to 2003, persons who selected more than one race were included in the group theyidentified as the main race. Data for “black or African American” were for “black” prior to 2003. Data discontinued for “black and other” series. See Employmentand Earnings or concepts and methodology of the Current Population Survey (CPS) at http://www.bls.gov/cps/documentation.htm#concepts for details.

Note: Beginning with data for 2000, detail will not sum to total because data for all race groups are not shown here.See footnote 5 and Note, Table B–35.Source: Department of Labor (Bureau of Labor Statistics).

376 | Appendix B

Table B–38. Unemployment by demographic characteristic, 1962–2009[Thousands of persons 16 years of age and over; monthly data seasonally adjusted]

Year or monthAll

civilianworkers

White 1 Black and other 1 Black or African American 1

Total Males FemalesBothsexes16–19

Total Males FemalesBothsexes16–19

Total Males FemalesBothsexes16–19

1962 ...................... 3,911 3,052 1,915 1,137 580 861 509 352 142 .............. .............. ............. ...............1963 ...................... 4,070 3,208 1,976 1,232 708 863 496 367 176 .............. .............. ............. ...............1964 ...................... 3,786 2,999 1,779 1,220 708 787 426 361 165 .............. .............. ............. ...............1965 ...................... 3,366 2,691 1,556 1,135 705 678 360 318 171 .............. .............. ............. ...............1966 ...................... 2,875 2,255 1,241 1,014 651 622 310 312 186 .............. .............. ............. ...............1967 ...................... 2,975 2,338 1,208 1,130 635 638 300 338 203 .............. .............. ............. ...............1968 ...................... 2,817 2,226 1,142 1,084 644 590 277 313 194 .............. .............. ............. ...............1969 ...................... 2,832 2,260 1,137 1,123 660 571 267 304 193 .............. .............. ............. ...............1970 ...................... 4,093 3,339 1,857 1,482 871 754 380 374 235 .............. .............. ............. ...............1971 ...................... 5,016 4,085 2,309 1,777 1,011 930 481 450 249 .............. .............. ............. ...............1972 ...................... 4,882 3,906 2,173 1,733 1,021 977 486 491 288 906 448 458 2791973 ...................... 4,365 3,442 1,836 1,606 955 924 440 484 280 846 395 451 2621974 ...................... 5,156 4,097 2,169 1,927 1,104 1,058 544 514 318 965 494 470 2971975 ...................... 7,929 6,421 3,627 2,794 1,413 1,507 815 692 355 1,369 741 629 3301976 ...................... 7,406 5,914 3,258 2,656 1,364 1,492 779 713 355 1,334 698 637 3301977 ...................... 6,991 5,441 2,883 2,558 1,284 1,550 784 766 379 1,393 698 695 3541978 ...................... 6,202 4,698 2,411 2,287 1,189 1,505 731 774 394 1,330 641 690 3601979 ...................... 6,137 4,664 2,405 2,260 1,193 1,473 714 759 362 1,319 636 683 3331980 ...................... 7,637 5,884 3,345 2,540 1,291 1,752 922 830 377 1,553 815 738 3431981 ...................... 8,273 6,343 3,580 2,762 1,374 1,930 997 933 388 1,731 891 840 3571982 ...................... 10,678 8,241 4,846 3,395 1,534 2,437 1,334 1,104 443 2,142 1,167 975 3961983 ...................... 10,717 8,128 4,859 3,270 1,387 2,588 1,401 1,187 441 2,272 1,213 1,059 3921984 ...................... 8,539 6,372 3,600 2,772 1,116 2,167 1,144 1,022 384 1,914 1,003 911 3531985 ...................... 8,312 6,191 3,426 2,765 1,074 2,121 1,095 1,026 394 1,864 951 913 3571986 ...................... 8,237 6,140 3,433 2,708 1,070 2,097 1,097 999 383 1,840 946 894 3471987 ...................... 7,425 5,501 3,132 2,369 995 1,924 969 955 353 1,684 826 858 3121988 ...................... 6,701 4,944 2,766 2,177 910 1,757 888 869 316 1,547 771 776 2881989 ...................... 6,528 4,770 2,636 2,135 863 1,757 889 868 331 1,544 773 772 3001990 ...................... 7,047 5,186 2,935 2,251 903 1,860 971 889 308 1,565 806 758 2681991 ...................... 8,628 6,560 3,859 2,701 1,029 2,068 1,087 981 330 1,723 890 833 2801992 ...................... 9,613 7,169 4,209 2,959 1,037 2,444 1,314 1,130 390 2,011 1,067 944 3241993 ...................... 8,940 6,655 3,828 2,827 992 2,285 1,227 1,058 373 1,844 971 872 3131994 ...................... 7,996 5,892 3,275 2,617 960 2,104 1,092 1,011 360 1,666 848 818 3001995 ...................... 7,404 5,459 2,999 2,460 952 1,945 984 961 394 1,538 762 777 3251996 ...................... 7,236 5,300 2,896 2,404 939 1,936 984 952 367 1,592 808 784 3101997 ...................... 6,739 4,836 2,641 2,195 912 1,903 935 967 359 1,560 747 813 3021998 ...................... 6,210 4,484 2,431 2,053 876 1,726 835 891 329 1,426 671 756 2811999 ...................... 5,880 4,273 2,274 1,999 844 1,606 792 814 318 1,309 626 684 2682000 ...................... 5,692 4,121 2,177 1,944 795 .............. .............. ............. ............. 1,241 620 621 2302001 ...................... 6,801 4,969 2,754 2,215 845 .............. .............. ............. ............. 1,416 709 706 2602002 ...................... 8,378 6,137 3,459 2,678 925 .............. .............. ............. ............. 1,693 835 858 2602003 ...................... 8,774 6,311 3,643 2,668 909 .............. .............. ............. ............. 1,787 891 895 2552004 ...................... 8,149 5,847 3,282 2,565 890 .............. .............. ............. ............. 1,729 860 868 2412005 ...................... 7,591 5,350 2,931 2,419 845 .............. .............. ............. ............. 1,700 844 856 2672006 ...................... 7,001 5,002 2,730 2,271 794 .............. .............. ............. ............. 1,549 774 775 2532007 ...................... 7,078 5,143 2,869 2,274 805 .............. .............. ............. ............. 1,445 752 693 2352008 ...................... 8,924 6,509 3,727 2,782 947 .............. .............. ............. ............. 1,788 949 839 2462009 ...................... 14,265 10,648 6,421 4,227 1,157 .............. .............. ............. ............. 2,606 1,448 1,159 2882008: Jan ............. 7,628 5,536 3,124 2,412 907 .............. .............. ............. ............. 1,620 845 775 296

Feb ............. 7,435 5,461 3,058 2,403 803 .............. .............. ............. ............. 1,462 749 713 253Mar ............ 7,793 5,585 3,097 2,488 733 .............. .............. ............. ............. 1,619 810 809 249Apr ............. 7,631 5,543 3,143 2,400 827 .............. .............. ............. ............. 1,534 762 772 190May ............ 8,397 6,071 3,418 2,652 992 .............. .............. ............. ............. 1,698 867 831 262June ........... 8,560 6,222 3,514 2,708 969 .............. .............. ............. ............. 1,660 897 763 223July ............ 8,895 6,525 3,801 2,724 1,085 .............. .............. ............. ............. 1,758 979 779 261Aug ............. 9,509 6,882 3,878 3,004 955 .............. .............. ............. ............. 1,934 974 960 254Sept ............ 9,569 6,868 4,119 2,749 974 .............. .............. ............. ............. 2,027 1,094 933 242Oct .............. 10,172 7,523 4,420 3,103 1,017 .............. .............. ............. ............. 2,017 1,115 902 267Nov ............. 10,617 7,875 4,637 3,238 1,018 .............. .............. ............. ............. 2,031 1,122 910 220Dec ............. 11,400 8,458 4,901 3,557 1,033 .............. .............. ............. ............. 2,150 1,226 924 241

2009: Jan ............. 11,919 8,815 5,177 3,638 1,006 .............. .............. ............. ............. 2,278 1,307 971 288Feb ............. 12,714 9,408 5,575 3,834 1,077 .............. .............. ............. ............. 2,396 1,365 1,031 289Mar ............ 13,310 9,996 5,932 4,064 1,107 .............. .............. ............. ............. 2,367 1,362 1,005 228Apr ............. 13,816 10,213 6,196 4,017 1,075 .............. .............. ............. ............. 2,676 1,538 1,138 268May ............ 14,518 10,874 6,625 4,250 1,127 .............. .............. ............. ............. 2,650 1,490 1,161 294June ........... 14,721 10,986 6,712 4,274 1,163 .............. .............. ............. ............. 2,617 1,444 1,173 280July ............ 14,534 10,927 6,677 4,251 1,202 .............. .............. ............. ............. 2,600 1,397 1,203 270Aug ............. 14,993 11,254 6,907 4,347 1,303 .............. .............. ............. ............. 2,682 1,499 1,184 247Sept ............ 15,159 11,366 6,985 4,381 1,212 .............. .............. ............. ............. 2,701 1,468 1,233 287Oct .............. 15,612 11,813 7,213 4,600 1,279 .............. .............. ............. ............. 2,754 1,496 1,257 298Nov ............. 15,340 11,589 7,037 4,552 1,142 .............. .............. ............. ............. 2,757 1,559 1,198 370Dec ............. 15,267 11,266 6,707 4,559 1,174 .............. .............. ............. ............. 2,843 1,505 1,337 356

1 See footnote 1 and Note, Table B–37.Note: See footnote 5 and Note, Table B–35.Source: Department of Labor (Bureau of Labor Statistics).

Population, Employment, Wages, and Productivity | 377

Table B–39. Civilian labor force participation rate and employment/population ratio,1962–2009

[Percent 1; monthly data seasonally adjusted]

Year or month

Labor force participation rate Employment/population ratio

Allcivilianworkers

Males FemalesBothsexes16–19years

White 2Blackand

other 2

Blackor

AfricanAmeri-can 2

Allcivilianworkers

Males FemalesBothsexes16–19years

White 2Blackand

other 2

Blackor

AfricanAmeri-can 2

1962 ...................... 58.8 82.0 37.9 46.1 58.3 63.2 ............ 55.5 77.7 35.6 39.4 55.4 56.3 ............1963 ...................... 58.7 81.4 38.3 45.2 58.2 63.0 ............ 55.4 77.1 35.8 37.4 55.3 56.2 ............1964 ...................... 58.7 81.0 38.7 44.5 58.2 63.1 ............ 55.7 77.3 36.3 37.3 55.5 57.0 ............1965 ...................... 58.9 80.7 39.3 45.7 58.4 62.9 ............ 56.2 77.5 37.1 38.9 56.0 57.8 ............1966 ...................... 59.2 80.4 40.3 48.2 58.7 63.0 ............ 56.9 77.9 38.3 42.1 56.8 58.4 ............1967 ...................... 59.6 80.4 41.1 48.4 59.2 62.8 ............ 57.3 78.0 39.0 42.2 57.2 58.2 ............1968 ...................... 59.6 80.1 41.6 48.3 59.3 62.2 ............ 57.5 77.8 39.6 42.2 57.4 58.0 ............1969 ...................... 60.1 79.8 42.7 49.4 59.9 62.1 ............ 58.0 77.6 40.7 43.4 58.0 58.1 ............1970 ...................... 60.4 79.7 43.3 49.9 60.2 61.8 ............ 57.4 76.2 40.8 42.3 57.5 56.8 ............1971 ...................... 60.2 79.1 43.4 49.7 60.1 60.9 ............ 56.6 74.9 40.4 41.3 56.8 54.9 ............1972 ...................... 60.4 78.9 43.9 51.9 60.4 60.2 59.9 57.0 75.0 41.0 43.5 57.4 54.1 53.71973 ...................... 60.8 78.8 44.7 53.7 60.8 60.5 60.2 57.8 75.5 42.0 45.9 58.2 55.0 54.51974 ...................... 61.3 78.7 45.7 54.8 61.4 60.3 59.8 57.8 74.9 42.6 46.0 58.3 54.3 53.51975 ...................... 61.2 77.9 46.3 54.0 61.5 59.6 58.8 56.1 71.7 42.0 43.3 56.7 51.4 50.11976 ...................... 61.6 77.5 47.3 54.5 61.8 59.8 59.0 56.8 72.0 43.2 44.2 57.5 52.0 50.81977 ...................... 62.3 77.7 48.4 56.0 62.5 60.4 59.8 57.9 72.8 44.5 46.1 58.6 52.5 51.41978 ...................... 63.2 77.9 50.0 57.8 63.3 62.2 61.5 59.3 73.8 46.4 48.3 60.0 54.7 53.61979 ...................... 63.7 77.8 50.9 57.9 63.9 62.2 61.4 59.9 73.8 47.5 48.5 60.6 55.2 53.81980 ...................... 63.8 77.4 51.5 56.7 64.1 61.7 61.0 59.2 72.0 47.7 46.6 60.0 53.6 52.31981 ...................... 63.9 77.0 52.1 55.4 64.3 61.3 60.8 59.0 71.3 48.0 44.6 60.0 52.6 51.31982 ...................... 64.0 76.6 52.6 54.1 64.3 61.6 61.0 57.8 69.0 47.7 41.5 58.8 50.9 49.41983 ...................... 64.0 76.4 52.9 53.5 64.3 62.1 61.5 57.9 68.8 48.0 41.5 58.9 51.0 49.51984 ...................... 64.4 76.4 53.6 53.9 64.6 62.6 62.2 59.5 70.7 49.5 43.7 60.5 53.6 52.31985 ...................... 64.8 76.3 54.5 54.5 65.0 63.3 62.9 60.1 70.9 50.4 44.4 61.0 54.7 53.41986 ...................... 65.3 76.3 55.3 54.7 65.5 63.7 63.3 60.7 71.0 51.4 44.6 61.5 55.4 54.11987 ...................... 65.6 76.2 56.0 54.7 65.8 64.3 63.8 61.5 71.5 52.5 45.5 62.3 56.8 55.61988 ...................... 65.9 76.2 56.6 55.3 66.2 64.0 63.8 62.3 72.0 53.4 46.8 63.1 57.4 56.31989 ...................... 66.5 76.4 57.4 55.9 66.7 64.7 64.2 63.0 72.5 54.3 47.5 63.8 58.2 56.91990 ...................... 66.5 76.4 57.5 53.7 66.9 64.4 64.0 62.8 72.0 54.3 45.3 63.7 57.9 56.71991 ...................... 66.2 75.8 57.4 51.6 66.6 63.8 63.3 61.7 70.4 53.7 42.0 62.6 56.7 55.41992 ...................... 66.4 75.8 57.8 51.3 66.8 64.6 63.9 61.5 69.8 53.8 41.0 62.4 56.4 54.91993 ...................... 66.3 75.4 57.9 51.5 66.8 63.8 63.2 61.7 70.0 54.1 41.7 62.7 56.3 55.01994 ...................... 66.6 75.1 58.8 52.7 67.1 63.9 63.4 62.5 70.4 55.3 43.4 63.5 57.2 56.11995 ...................... 66.6 75.0 58.9 53.5 67.1 64.3 63.7 62.9 70.8 55.6 44.2 63.8 58.1 57.11996 ...................... 66.8 74.9 59.3 52.3 67.2 64.6 64.1 63.2 70.9 56.0 43.5 64.1 58.6 57.41997 ...................... 67.1 75.0 59.8 51.6 67.5 65.2 64.7 63.8 71.3 56.8 43.4 64.6 59.4 58.21998 ...................... 67.1 74.9 59.8 52.8 67.3 66.0 65.6 64.1 71.6 57.1 45.1 64.7 60.9 59.71999 ...................... 67.1 74.7 60.0 52.0 67.3 65.9 65.8 64.3 71.6 57.4 44.7 64.8 61.3 60.62000 ...................... 67.1 74.8 59.9 52.0 67.3 ............. 65.8 64.4 71.9 57.5 45.2 64.9 ............. 60.92001 ...................... 66.8 74.4 59.8 49.6 67.0 ............. 65.3 63.7 70.9 57.0 42.3 64.2 ............. 59.72002 ...................... 66.6 74.1 59.6 47.4 66.8 ............. 64.8 62.7 69.7 56.3 39.6 63.4 ............. 58.12003 ...................... 66.2 73.5 59.5 44.5 66.5 ............. 64.3 62.3 68.9 56.1 36.8 63.0 ............. 57.42004 ...................... 66.0 73.3 59.2 43.9 66.3 ............. 63.8 62.3 69.2 56.0 36.4 63.1 ............. 57.22005 ...................... 66.0 73.3 59.3 43.7 66.3 ............. 64.2 62.7 69.6 56.2 36.5 63.4 ............. 57.72006 ...................... 66.2 73.5 59.4 43.7 66.5 ............. 64.1 63.1 70.1 56.6 36.9 63.8 ............. 58.42007 ...................... 66.0 73.2 59.3 41.3 66.4 ............. 63.7 63.0 69.8 56.6 34.8 63.6 ............. 58.42008 ...................... 66.0 73.0 59.5 40.2 66.3 ............. 63.7 62.2 68.5 56.2 32.6 62.8 ............. 57.32009 ...................... 65.4 72.0 59.2 37.5 65.8 ............. 62.4 59.3 64.5 54.4 28.4 60.2 ............. 53.22008: Jan ............. 66.2 73.3 59.6 41.2 66.5 ............. 64.0 62.9 69.6 56.7 33.9 63.5 ............. 58.2

Feb ............. 66.0 73.1 59.3 40.0 66.2 ............. 63.7 62.8 69.5 56.5 33.4 63.3 ............. 58.4Mar ............ 66.1 73.1 59.5 40.1 66.3 ............. 64.0 62.7 69.3 56.6 33.7 63.3 ............. 58.2Apr ............. 66.0 73.0 59.5 41.0 66.2 ............. 64.0 62.7 69.2 56.6 34.6 63.3 ............. 58.5May ............ 66.2 73.1 59.6 42.1 66.4 ............. 63.8 62.6 69.0 56.5 34.1 63.2 ............. 57.7June ........... 66.1 73.0 59.5 40.4 66.3 ............. 63.6 62.4 68.8 56.4 32.7 63.1 ............. 57.6July ............ 66.0 73.2 59.3 40.5 66.4 ............. 63.6 62.2 68.6 56.2 32.1 63.0 ............. 57.3Aug ............. 66.1 73.0 59.6 39.9 66.4 ............. 64.4 62.0 68.4 56.1 32.4 62.7 ............. 57.4Sept ............ 66.0 73.0 59.4 40.0 66.3 ............. 63.6 61.9 68.1 56.1 32.3 62.7 ............. 56.3Oct .............. 66.0 72.9 59.5 39.8 66.4 ............. 63.6 61.7 67.7 56.0 31.8 62.4 ............. 56.4Nov ............. 65.8 72.6 59.4 38.5 66.2 ............. 63.2 61.3 67.2 55.7 30.7 62.0 ............. 55.9Dec ............. 65.8 72.5 59.5 38.4 66.1 ............. 63.4 60.9 66.6 55.6 30.4 61.6 ............. 55.8

2009: Jan ............. 65.7 72.3 59.5 38.5 66.0 ............. 63.2 60.6 66.1 55.4 30.4 61.4 ............. 55.1Feb ............. 65.7 72.3 59.6 38.8 66.1 ............. 63.0 60.3 65.8 55.2 30.3 61.2 ............. 54.5Mar ............ 65.6 72.0 59.5 38.1 66.0 ............. 62.4 59.9 65.1 55.0 29.7 60.7 ............. 54.0Apr ............. 65.8 72.4 59.6 38.1 66.2 ............. 63.2 59.9 65.1 55.0 29.8 60.8 ............. 53.7May ............ 65.8 72.5 59.5 38.4 66.3 ............. 62.9 59.6 64.9 54.7 29.5 60.6 ............. 53.5June ........... 65.7 72.3 59.4 38.3 66.1 ............. 62.6 59.4 64.6 54.5 29.0 60.3 ............. 53.3July ............ 65.4 72.0 59.2 37.9 65.9 ............. 62.5 59.3 64.5 54.4 28.6 60.2 ............. 53.3Aug ............. 65.4 72.2 59.1 37.5 66.0 ............. 62.2 59.1 64.3 54.2 27.8 60.1 ............. 52.7Sept ............ 65.1 71.8 58.8 36.8 65.7 ............. 61.6 58.7 63.9 53.8 27.2 59.7 ............. 52.1Oct .............. 65.0 71.8 58.7 36.1 65.6 ............. 61.7 58.4 63.6 53.6 26.1 59.4 ............. 52.0Nov ............. 64.9 71.5 58.8 35.8 65.4 ............. 62.2 58.5 63.5 53.7 26.2 59.4 ............. 52.5Dec ............. 64.6 71.0 58.6 35.6 65.0 ............. 61.9 58.2 63.2 53.4 25.9 59.1 ............. 51.9

1 Civilian labor force or civilian employment as percent of civilian noninstitutional population in group specified.2 See footnote 1, Table B–37.Note: Data relate to persons 16 years of age and over.See footnote 5 and Note, Table B–35.Source: Department of Labor (Bureau of Labor Statistics).

378 | Appendix B

Table B–40. Civilian labor force participation rate by demographic characteristic, 1968–2009[Percent 1; monthly data seasonally adjusted]

Year or monthAll

civilianwork-

ers

White 2 Black and other or black or African American 2

Total

Males Females

Total

Males Females

Total 16–19years

20 yearsandover

Total 16–19years

20 yearsandover

Total 16–19years

20 yearsandover

Total 16–19years

20 yearsandover

Black and other 2

1968 ...................... 59.6 59.3 80.4 55.9 83.2 40.7 43.0 40.4 62.2 77.7 49.7 82.2 49.3 34.8 51.41969 ...................... 60.1 59.9 80.2 56.8 83.0 41.8 44.6 41.5 62.1 76.9 49.6 81.4 49.8 34.6 52.01970 ...................... 60.4 60.2 80.0 57.5 82.8 42.6 45.6 42.2 61.8 76.5 47.4 81.4 49.5 34.1 51.81971 ...................... 60.2 60.1 79.6 57.9 82.3 42.6 45.4 42.3 60.9 74.9 44.7 80.0 49.2 31.2 51.81972 ...................... 60.4 60.4 79.6 60.1 82.0 43.2 48.1 42.7 60.2 73.9 46.0 78.6 48.8 32.3 51.2

Black or African American 2

1972 ...................... 60.4 60.4 79.6 60.1 82.0 43.2 48.1 42.7 59.9 73.6 46.3 78.5 48.7 32.2 51.21973 ...................... 60.8 60.8 79.4 62.0 81.6 44.1 50.1 43.5 60.2 73.4 45.7 78.4 49.3 34.2 51.61974 ...................... 61.3 61.4 79.4 62.9 81.4 45.2 51.7 44.4 59.8 72.9 46.7 77.6 49.0 33.4 51.41975 ...................... 61.2 61.5 78.7 61.9 80.7 45.9 51.5 45.3 58.8 70.9 42.6 76.0 48.8 34.2 51.11976 ...................... 61.6 61.8 78.4 62.3 80.3 46.9 52.8 46.2 59.0 70.0 41.3 75.4 49.8 32.9 52.51977 ...................... 62.3 62.5 78.5 64.0 80.2 48.0 54.5 47.3 59.8 70.6 43.2 75.6 50.8 32.9 53.61978 ...................... 63.2 63.3 78.6 65.0 80.1 49.4 56.7 48.7 61.5 71.5 44.9 76.2 53.1 37.3 55.51979 ...................... 63.7 63.9 78.6 64.8 80.1 50.5 57.4 49.8 61.4 71.3 43.6 76.3 53.1 36.8 55.41980 ...................... 63.8 64.1 78.2 63.7 79.8 51.2 56.2 50.6 61.0 70.3 43.2 75.1 53.1 34.9 55.61981 ...................... 63.9 64.3 77.9 62.4 79.5 51.9 55.4 51.5 60.8 70.0 41.6 74.5 53.5 34.0 56.01982 ...................... 64.0 64.3 77.4 60.0 79.2 52.4 55.0 52.2 61.0 70.1 39.8 74.7 53.7 33.5 56.21983 ...................... 64.0 64.3 77.1 59.4 78.9 52.7 54.5 52.5 61.5 70.6 39.9 75.2 54.2 33.0 56.81984 ...................... 64.4 64.6 77.1 59.0 78.7 53.3 55.4 53.1 62.2 70.8 41.7 74.8 55.2 35.0 57.61985 ...................... 64.8 65.0 77.0 59.7 78.5 54.1 55.2 54.0 62.9 70.8 44.6 74.4 56.5 37.9 58.61986 ...................... 65.3 65.5 76.9 59.3 78.5 55.0 56.3 54.9 63.3 71.2 43.7 74.8 56.9 39.1 58.91987 ...................... 65.6 65.8 76.8 59.0 78.4 55.7 56.5 55.6 63.8 71.1 43.6 74.7 58.0 39.6 60.01988 ...................... 65.9 66.2 76.9 60.0 78.3 56.4 57.2 56.3 63.8 71.0 43.8 74.6 58.0 37.9 60.11989 ...................... 66.5 66.7 77.1 61.0 78.5 57.2 57.1 57.2 64.2 71.0 44.6 74.4 58.7 40.4 60.61990 ...................... 66.5 66.9 77.1 59.6 78.5 57.4 55.3 57.6 64.0 71.0 40.7 75.0 58.3 36.8 60.61991 ...................... 66.2 66.6 76.5 57.3 78.0 57.4 54.1 57.6 63.3 70.4 37.3 74.6 57.5 33.5 60.01992 ...................... 66.4 66.8 76.5 56.9 78.0 57.7 52.5 58.1 63.9 70.7 40.6 74.3 58.5 35.2 60.81993 ...................... 66.3 66.8 76.2 56.6 77.7 58.0 53.5 58.3 63.2 69.6 39.5 73.2 57.9 34.6 60.21994 ...................... 66.6 67.1 75.9 57.7 77.3 58.9 55.1 59.2 63.4 69.1 40.8 72.5 58.7 36.3 60.91995 ...................... 66.6 67.1 75.7 58.5 77.1 59.0 55.5 59.2 63.7 69.0 40.1 72.5 59.5 39.8 61.41996 ...................... 66.8 67.2 75.8 57.1 77.3 59.1 54.7 59.4 64.1 68.7 39.5 72.3 60.4 38.9 62.61997 ...................... 67.1 67.5 75.9 56.1 77.5 59.5 54.1 59.9 64.7 68.3 37.4 72.2 61.7 39.9 64.01998 ...................... 67.1 67.3 75.6 56.6 77.2 59.4 55.4 59.7 65.6 69.0 40.7 72.5 62.8 42.5 64.81999 ...................... 67.1 67.3 75.6 56.4 77.2 59.6 54.5 59.9 65.8 68.7 38.6 72.4 63.5 38.8 66.12000 ...................... 67.1 67.3 75.5 56.5 77.1 59.5 54.5 59.9 65.8 69.2 39.2 72.8 63.1 39.6 65.42001 ...................... 66.8 67.0 75.1 53.7 76.9 59.4 52.4 59.9 65.3 68.4 37.9 72.1 62.8 37.3 65.22002 ...................... 66.6 66.8 74.8 50.3 76.7 59.3 50.8 60.0 64.8 68.4 37.3 72.1 61.8 34.7 64.42003 ...................... 66.2 66.5 74.2 47.5 76.3 59.2 47.9 59.9 64.3 67.3 31.1 71.5 61.9 33.7 64.62004 ...................... 66.0 66.3 74.1 47.4 76.2 58.9 46.7 59.7 63.8 66.7 30.0 70.9 61.5 32.8 64.22005 ...................... 66.0 66.3 74.1 46.2 76.2 58.9 47.6 59.7 64.2 67.3 32.6 71.3 61.6 32.2 64.42006 ...................... 66.2 66.5 74.3 46.9 76.4 59.0 46.6 59.9 64.1 67.0 32.3 71.1 61.7 35.6 64.22007 ...................... 66.0 66.4 74.0 44.3 76.3 59.0 44.6 60.1 63.7 66.8 29.4 71.2 61.1 31.2 64.02008 ...................... 66.0 66.3 73.7 43.0 76.1 59.2 43.3 60.3 63.7 66.7 29.1 71.1 61.3 29.7 64.32009 ...................... 65.4 65.8 72.8 40.3 75.3 59.1 40.9 60.4 62.4 65.0 26.4 69.6 60.3 27.9 63.42008: Jan ............. 66.2 66.5 74.0 42.3 76.5 59.2 45.2 60.2 64.0 67.7 37.8 71.2 61.1 27.7 64.3

Feb ............. 66.0 66.2 73.8 42.2 76.3 59.0 43.5 60.1 63.7 66.8 28.0 71.4 61.1 33.9 63.8Mar ............ 66.1 66.3 73.8 42.1 76.3 59.1 43.2 60.2 64.0 66.6 26.2 71.3 62.0 31.9 64.9Apr ............. 66.0 66.2 73.7 43.8 76.0 59.0 44.8 60.0 64.0 66.5 25.5 71.4 61.9 31.5 64.8May ............ 66.2 66.4 73.9 45.8 76.1 59.2 44.4 60.3 63.8 66.6 30.4 70.9 61.5 31.0 64.5June ........... 66.1 66.3 73.8 43.9 76.1 59.2 43.2 60.4 63.6 66.9 28.2 71.4 60.9 27.8 64.1July ............ 66.0 66.4 74.1 44.0 76.4 59.1 43.2 60.2 63.6 66.7 29.5 71.1 61.0 29.9 64.0Aug ............. 66.1 66.4 73.7 42.6 76.1 59.3 42.9 60.4 64.4 67.5 31.1 71.8 61.8 32.1 64.7Sept ............ 66.0 66.3 73.7 42.5 76.1 59.2 42.8 60.4 63.6 67.0 30.0 71.4 60.8 30.0 63.8Oct .............. 66.0 66.4 73.7 42.8 76.1 59.4 43.1 60.5 63.6 66.7 31.9 70.9 61.1 27.9 64.3Nov ............. 65.8 66.2 73.5 42.4 75.9 59.2 41.6 60.4 63.2 65.6 24.9 70.4 61.2 26.7 64.5Dec ............. 65.8 66.1 73.2 41.7 75.6 59.3 41.5 60.5 63.4 66.2 26.7 70.8 61.2 27.1 64.5

2009: Jan ............. 65.7 66.0 73.1 41.3 75.5 59.2 41.5 60.4 63.2 66.0 27.5 70.5 61.0 30.7 63.9Feb ............. 65.7 66.1 73.1 41.7 75.5 59.4 43.6 60.6 63.0 65.8 27.0 70.3 60.7 28.3 63.9Mar ............ 65.6 66.0 72.8 40.8 75.3 59.4 42.6 60.6 62.4 65.1 23.5 70.0 60.2 27.6 63.3Apr ............. 65.8 66.2 73.2 40.3 75.7 59.5 42.0 60.7 63.2 66.2 29.2 70.5 60.8 27.7 64.0May ............ 65.8 66.3 73.4 41.8 75.9 59.4 41.6 60.6 62.9 65.6 25.0 70.3 60.6 29.7 63.6June ........... 65.7 66.1 73.2 40.3 75.7 59.2 42.1 60.4 62.6 64.9 25.2 69.5 60.7 29.0 63.8July ............ 65.4 65.9 73.1 40.9 75.6 59.1 41.1 60.3 62.5 64.7 26.7 69.2 60.6 28.9 63.7Aug ............. 65.4 66.0 73.1 41.8 75.5 59.1 40.5 60.4 62.2 64.8 25.0 69.4 60.1 27.8 63.2Sept ............ 65.1 65.7 72.9 40.3 75.4 58.8 39.5 60.1 61.6 64.0 25.8 68.4 59.6 25.6 62.9Oct .............. 65.0 65.6 72.7 39.6 75.3 58.8 38.7 60.2 61.7 64.6 26.1 69.0 59.4 26.7 62.5Nov ............. 64.9 65.4 72.4 37.5 75.0 58.7 38.9 60.1 62.2 65.0 30.2 69.0 59.8 25.5 63.1Dec ............. 64.6 65.0 71.7 37.8 74.3 58.6 39.0 60.0 61.9 64.6 27.6 68.8 59.7 27.5 62.7

1 Civilian labor force as percent of civilian noninstitutional population in group specified.2 See footnote 1, Table B–37.Note: Data relate to persons 16 years of age and over.See footnote 5 and Note, Table B–35.Source: Department of Labor (Bureau of Labor Statistics).

Population, Employment, Wages, and Productivity | 379

Table B–41. Civilian employment/population ratio by demographic characteristic, 1968–2009[Percent 1; monthly data seasonally adjusted]

Year or monthAll

civilianwork-

ers

White 2 Black and other or black or African American 2

Total

Males Females

Total

Males Females

Total 16–19years

20 yearsandover

Total 16–19years

20 yearsandover

Total 16–19years

20 yearsandover

Total 16–19years

20 yearsandover

Black and other 2

1968 ...................... 57.5 57.4 78.3 50.3 81.6 38.9 37.8 39.1 58.0 73.3 38.7 78.9 45.2 24.7 48.21969 ...................... 58.0 58.0 78.2 51.1 81.4 40.1 39.5 40.1 58.1 72.8 39.0 78.4 45.9 25.1 48.91970 ...................... 57.4 57.5 76.8 49.6 80.1 40.3 39.5 40.4 56.8 70.9 35.5 76.8 44.9 22.4 48.21971 ...................... 56.6 56.8 75.7 49.2 79.0 39.9 38.6 40.1 54.9 68.1 31.8 74.2 43.9 20.2 47.31972 ...................... 57.0 57.4 76.0 51.5 79.0 40.7 41.3 40.6 54.1 67.3 32.4 73.2 43.3 19.9 46.7

Black or African American 2

1972 ...................... 57.0 57.4 76.0 51.5 79.0 40.7 41.3 40.6 53.7 66.8 31.6 73.0 43.0 19.2 46.51973 ...................... 57.8 58.2 76.5 54.3 79.2 41.8 43.6 41.6 54.5 67.5 32.8 73.7 43.8 22.0 47.21974 ...................... 57.8 58.3 75.9 54.4 78.6 42.4 44.3 42.2 53.5 65.8 31.4 71.9 43.5 20.9 46.91975 ...................... 56.1 56.7 73.0 50.6 75.7 42.0 42.5 41.9 50.1 60.6 26.3 66.5 41.6 20.2 44.91976 ...................... 56.8 57.5 73.4 51.5 76.0 43.2 44.2 43.1 50.8 60.6 25.8 66.8 42.8 19.2 46.41977 ...................... 57.9 58.6 74.1 54.4 76.5 44.5 45.9 44.4 51.4 61.4 26.4 67.5 43.3 18.5 47.01978 ...................... 59.3 60.0 75.0 56.3 77.2 46.3 48.5 46.1 53.6 63.3 28.5 69.1 45.8 22.1 49.31979 ...................... 59.9 60.6 75.1 55.7 77.3 47.5 49.4 47.3 53.8 63.4 28.7 69.1 46.0 22.4 49.31980 ...................... 59.2 60.0 73.4 53.4 75.6 47.8 47.9 47.8 52.3 60.4 27.0 65.8 45.7 21.0 49.11981 ...................... 59.0 60.0 72.8 51.3 75.1 48.3 46.2 48.5 51.3 59.1 24.6 64.5 45.1 19.7 48.51982 ...................... 57.8 58.8 70.6 47.0 73.0 48.1 44.6 48.4 49.4 56.0 20.3 61.4 44.2 17.7 47.51983 ...................... 57.9 58.9 70.4 47.4 72.6 48.5 44.5 48.9 49.5 56.3 20.4 61.6 44.1 17.0 47.41984 ...................... 59.5 60.5 72.1 49.1 74.3 49.8 47.0 50.0 52.3 59.2 23.9 64.1 46.7 20.1 49.81985 ...................... 60.1 61.0 72.3 49.9 74.3 50.7 47.1 51.0 53.4 60.0 26.3 64.6 48.1 23.1 50.91986 ...................... 60.7 61.5 72.3 49.6 74.3 51.7 47.9 52.0 54.1 60.6 26.5 65.1 48.8 23.8 51.61987 ...................... 61.5 62.3 72.7 49.9 74.7 52.8 49.0 53.1 55.6 62.0 28.5 66.4 50.3 25.8 53.01988 ...................... 62.3 63.1 73.2 51.7 75.1 53.8 50.2 54.0 56.3 62.7 29.4 67.1 51.2 25.8 53.91989 ...................... 63.0 63.8 73.7 52.6 75.4 54.6 50.5 54.9 56.9 62.8 30.4 67.0 52.0 27.1 54.61990 ...................... 62.8 63.7 73.3 51.0 75.1 54.7 48.3 55.2 56.7 62.6 27.7 67.1 51.9 25.8 54.71991 ...................... 61.7 62.6 71.6 47.2 73.5 54.2 45.9 54.8 55.4 61.3 23.8 65.9 50.6 21.5 53.61992 ...................... 61.5 62.4 71.1 46.4 73.1 54.2 44.2 54.9 54.9 59.9 23.6 64.3 50.8 22.1 53.61993 ...................... 61.7 62.7 71.4 46.6 73.3 54.6 45.7 55.2 55.0 60.0 23.6 64.3 50.9 21.6 53.81994 ...................... 62.5 63.5 71.8 48.3 73.6 55.8 47.5 56.4 56.1 60.8 25.4 65.0 52.3 24.5 55.01995 ...................... 62.9 63.8 72.0 49.4 73.8 56.1 48.1 56.7 57.1 61.7 25.2 66.1 53.4 26.1 56.11996 ...................... 63.2 64.1 72.3 48.2 74.2 56.3 47.6 57.0 57.4 61.1 24.9 65.5 54.4 27.1 57.11997 ...................... 63.8 64.6 72.7 48.1 74.7 57.0 47.2 57.8 58.2 61.4 23.7 66.1 55.6 28.5 58.41998 ...................... 64.1 64.7 72.7 48.6 74.7 57.1 49.3 57.7 59.7 62.9 28.4 67.1 57.2 31.8 59.71999 ...................... 64.3 64.8 72.8 49.3 74.8 57.3 48.3 58.0 60.6 63.1 26.7 67.5 58.6 29.0 61.52000 ...................... 64.4 64.9 73.0 49.5 74.9 57.4 48.8 58.0 60.9 63.6 28.9 67.7 58.6 30.6 61.32001 ...................... 63.7 64.2 72.0 46.2 74.0 57.0 46.5 57.7 59.7 62.1 26.4 66.3 57.8 27.0 60.72002 ...................... 62.7 63.4 70.8 42.3 73.1 56.4 44.1 57.3 58.1 61.1 25.6 65.2 55.8 24.9 58.72003 ...................... 62.3 63.0 70.1 39.4 72.5 56.3 41.5 57.3 57.4 59.5 19.9 64.1 55.6 23.4 58.62004 ...................... 62.3 63.1 70.4 39.7 72.8 56.1 40.3 57.2 57.2 59.3 19.3 63.9 55.5 23.6 58.52005 ...................... 62.7 63.4 70.8 38.8 73.3 56.3 41.8 57.4 57.7 60.2 20.8 64.7 55.7 22.4 58.92006 ...................... 63.1 63.8 71.3 40.0 73.7 56.6 41.1 57.7 58.4 60.6 21.7 65.2 56.5 26.4 59.42007 ...................... 63.0 63.6 70.9 37.3 73.5 56.7 39.2 57.9 58.4 60.7 19.5 65.5 56.5 23.3 59.82008 ...................... 62.2 62.8 69.7 34.8 72.4 56.3 37.1 57.7 57.3 59.1 18.7 63.9 55.8 21.7 59.12009 ...................... 59.3 60.2 66.0 30.2 68.7 54.8 33.4 56.3 53.2 53.7 14.3 58.2 52.8 18.6 56.12008: Jan ............. 62.9 63.5 70.7 34.2 73.5 56.7 39.4 57.9 58.2 60.9 23.4 65.3 56.0 19.8 59.5

Feb ............. 62.8 63.3 70.5 35.1 73.3 56.5 38.3 57.8 58.4 60.8 19.3 65.7 56.4 23.6 59.6Mar ............ 62.7 63.3 70.5 36.0 73.1 56.5 38.1 57.8 58.2 60.1 16.0 65.3 56.7 23.5 59.9Apr ............. 62.7 63.3 70.3 37.0 72.9 56.5 38.9 57.8 58.5 60.4 18.5 65.4 56.8 24.3 60.0May ............ 62.6 63.2 70.2 37.6 72.8 56.5 37.5 57.8 57.7 59.7 18.4 64.5 56.1 23.3 59.3June ........... 62.4 63.1 70.0 35.6 72.6 56.4 36.7 57.8 57.6 59.7 18.2 64.6 55.9 21.2 59.3July ............ 62.2 63.0 70.0 34.2 72.7 56.3 36.5 57.7 57.3 58.9 18.1 63.7 55.9 21.7 59.2Aug ............. 62.0 62.7 69.6 34.3 72.3 56.2 36.6 57.6 57.4 59.8 21.8 64.2 55.5 22.5 58.8Sept ............ 61.9 62.7 69.3 34.1 72.0 56.4 36.3 57.8 56.3 58.3 20.2 62.8 54.7 21.8 57.9Oct .............. 61.7 62.4 69.0 33.4 71.7 56.2 37.0 57.6 56.4 57.9 19.3 62.4 55.2 20.5 58.6Nov ............. 61.3 62.0 68.5 33.3 71.2 55.8 35.2 57.3 55.9 56.7 14.3 61.7 55.3 20.8 58.6Dec ............. 60.9 61.6 67.9 32.8 70.6 55.6 34.7 57.1 55.8 56.4 17.3 61.1 55.2 18.6 58.7

2009: Jan ............. 60.6 61.4 67.5 32.2 70.2 55.4 35.2 56.9 55.1 55.6 15.3 60.4 54.7 21.5 57.9Feb ............. 60.3 61.2 67.1 32.3 69.8 55.5 36.5 56.8 54.5 55.0 14.7 59.7 54.1 19.1 57.4Mar ............ 59.9 60.7 66.4 31.2 69.2 55.3 35.4 56.7 54.0 54.3 13.7 59.1 53.7 20.4 56.9Apr ............. 59.9 60.8 66.5 31.1 69.2 55.4 34.8 56.8 53.7 54.0 17.0 58.4 53.5 19.9 56.7May ............ 59.6 60.6 66.3 31.5 69.0 55.0 34.7 56.4 53.5 53.8 13.5 58.5 53.2 19.3 56.4June ........... 59.4 60.3 66.0 30.5 68.8 54.9 34.1 56.3 53.3 53.5 13.9 58.1 53.2 19.4 56.4July ............ 59.3 60.2 66.0 30.2 68.7 54.7 33.4 56.2 53.3 53.7 16.2 58.1 52.9 19.2 56.1Aug ............. 59.1 60.1 65.8 30.1 68.5 54.6 32.3 56.2 52.7 53.0 13.3 57.6 52.5 21.0 55.5Sept ............ 58.7 59.7 65.4 29.5 68.1 54.3 31.7 55.8 52.1 52.5 12.7 57.1 51.7 17.2 55.0Oct .............. 58.4 59.4 65.1 28.3 67.8 54.0 30.4 55.7 52.0 52.8 14.7 57.2 51.4 15.8 54.8Nov ............. 58.5 59.4 64.9 27.7 67.7 54.1 31.2 55.6 52.5 52.8 12.9 57.4 52.2 15.0 55.7Dec ............. 58.2 59.1 64.6 27.5 67.4 53.9 31.3 55.5 51.9 52.8 13.2 57.4 51.1 15.2 54.5

1 Civilian employment as percent of civilian noninstitutional population in group specified.2 See footnote 1, Table B–37.Note: Data relate to persons 16 years of age and over.See footnote 5 and Note, Table B–35.Source: Department of Labor (Bureau of Labor Statistics).

380 | Appendix B

Table B–42. Civilian unemployment rate, 1962–2009[Percent 1; monthly data seasonally adjusted, except as noted]

Year or monthAll

civilianwork-

ers

Males FemalesBothsexes16–19years

By race Hispanicor

Latinoethnic-

ity 4

Marriedmen,

spousepres-ent

Womenwho

maintainfamilies(NSA) 3

Total 16–19years

20 yearsandover

Total 16–19years

20 yearsandover

White 2Blackand

other 2

Black orAfricanAmeri-can 2

Asian(NSA) 2, 3

1962 .............. 5.5 5.2 14.7 4.6 6.2 14.6 5.4 14.7 4.9 10.9 ............. ............... ............... 3.6 .............1963 .............. 5.7 5.2 17.2 4.5 6.5 17.2 5.4 17.2 5.0 10.8 ............. ............... ............... 3.4 .............1964 .............. 5.2 4.6 15.8 3.9 6.2 16.6 5.2 16.2 4.6 9.6 ............. ............... ............... 2.8 .............1965 .............. 4.5 4.0 14.1 3.2 5.5 15.7 4.5 14.8 4.1 8.1 ............. ............... ............... 2.4 .............1966 .............. 3.8 3.2 11.7 2.5 4.8 14.1 3.8 12.8 3.4 7.3 ............. ............... ............... 1.9 .............1967 .............. 3.8 3.1 12.3 2.3 5.2 13.5 4.2 12.9 3.4 7.4 ............. ............... ............... 1.8 4.91968 .............. 3.6 2.9 11.6 2.2 4.8 14.0 3.8 12.7 3.2 6.7 ............. ............... ............... 1.6 4.41969 .............. 3.5 2.8 11.4 2.1 4.7 13.3 3.7 12.2 3.1 6.4 ............. ............... ............... 1.5 4.41970 .............. 4.9 4.4 15.0 3.5 5.9 15.6 4.8 15.3 4.5 8.2 ............. ............... ............... 2.6 5.41971 .............. 5.9 5.3 16.6 4.4 6.9 17.2 5.7 16.9 5.4 9.9 ............. ............... ............... 3.2 7.31972 .............. 5.6 5.0 15.9 4.0 6.6 16.7 5.4 16.2 5.1 10.0 10.4 ............... ............... 2.8 7.21973 .............. 4.9 4.2 13.9 3.3 6.0 15.3 4.9 14.5 4.3 9.0 9.4 ............... 7.5 2.3 7.11974 .............. 5.6 4.9 15.6 3.8 6.7 16.6 5.5 16.0 5.0 9.9 10.5 ............... 8.1 2.7 7.01975 .............. 8.5 7.9 20.1 6.8 9.3 19.7 8.0 19.9 7.8 13.8 14.8 ............... 12.2 5.1 10.01976 .............. 7.7 7.1 19.2 5.9 8.6 18.7 7.4 19.0 7.0 13.1 14.0 ............... 11.5 4.2 10.11977 .............. 7.1 6.3 17.3 5.2 8.2 18.3 7.0 17.8 6.2 13.1 14.0 ............... 10.1 3.6 9.41978 .............. 6.1 5.3 15.8 4.3 7.2 17.1 6.0 16.4 5.2 11.9 12.8 ............... 9.1 2.8 8.51979 .............. 5.8 5.1 15.9 4.2 6.8 16.4 5.7 16.1 5.1 11.3 12.3 ............... 8.3 2.8 8.31980 .............. 7.1 6.9 18.3 5.9 7.4 17.2 6.4 17.8 6.3 13.1 14.3 ............... 10.1 4.2 9.21981 .............. 7.6 7.4 20.1 6.3 7.9 19.0 6.8 19.6 6.7 14.2 15.6 ............... 10.4 4.3 10.41982 .............. 9.7 9.9 24.4 8.8 9.4 21.9 8.3 23.2 8.6 17.3 18.9 ............... 13.8 6.5 11.71983 .............. 9.6 9.9 23.3 8.9 9.2 21.3 8.1 22.4 8.4 17.8 19.5 ............... 13.7 6.5 12.21984 .............. 7.5 7.4 19.6 6.6 7.6 18.0 6.8 18.9 6.5 14.4 15.9 ............... 10.7 4.6 10.31985 .............. 7.2 7.0 19.5 6.2 7.4 17.6 6.6 18.6 6.2 13.7 15.1 ............... 10.5 4.3 10.41986 .............. 7.0 6.9 19.0 6.1 7.1 17.6 6.2 18.3 6.0 13.1 14.5 ............... 10.6 4.4 9.81987 .............. 6.2 6.2 17.8 5.4 6.2 15.9 5.4 16.9 5.3 11.6 13.0 ............... 8.8 3.9 9.21988 .............. 5.5 5.5 16.0 4.8 5.6 14.4 4.9 15.3 4.7 10.4 11.7 ............... 8.2 3.3 8.11989 .............. 5.3 5.2 15.9 4.5 5.4 14.0 4.7 15.0 4.5 10.0 11.4 ............... 8.0 3.0 8.11990 .............. 5.6 5.7 16.3 5.0 5.5 14.7 4.9 15.5 4.8 10.1 11.4 ............... 8.2 3.4 8.31991 .............. 6.8 7.2 19.8 6.4 6.4 17.5 5.7 18.7 6.1 11.1 12.5 ............... 10.0 4.4 9.31992 .............. 7.5 7.9 21.5 7.1 7.0 18.6 6.3 20.1 6.6 12.7 14.2 ............... 11.6 5.1 10.01993 .............. 6.9 7.2 20.4 6.4 6.6 17.5 5.9 19.0 6.1 11.7 13.0 ............... 10.8 4.4 9.71994 .............. 6.1 6.2 19.0 5.4 6.0 16.2 5.4 17.6 5.3 10.5 11.5 ............... 9.9 3.7 8.91995 .............. 5.6 5.6 18.4 4.8 5.6 16.1 4.9 17.3 4.9 9.6 10.4 ............... 9.3 3.3 8.01996 .............. 5.4 5.4 18.1 4.6 5.4 15.2 4.8 16.7 4.7 9.3 10.5 ............... 8.9 3.0 8.21997 .............. 4.9 4.9 16.9 4.2 5.0 15.0 4.4 16.0 4.2 8.8 10.0 ............... 7.7 2.7 8.11998 .............. 4.5 4.4 16.2 3.7 4.6 12.9 4.1 14.6 3.9 7.8 8.9 ............... 7.2 2.4 7.21999 .............. 4.2 4.1 14.7 3.5 4.3 13.2 3.8 13.9 3.7 7.0 8.0 ............... 6.4 2.2 6.42000 .............. 4.0 3.9 14.0 3.3 4.1 12.1 3.6 13.1 3.5 ............ 7.6 3.6 5.7 2.0 5.92001 .............. 4.7 4.8 16.0 4.2 4.7 13.4 4.1 14.7 4.2 ............ 8.6 4.5 6.6 2.7 6.62002 .............. 5.8 5.9 18.1 5.3 5.6 14.9 5.1 16.5 5.1 ............ 10.2 5.9 7.5 3.6 8.02003 .............. 6.0 6.3 19.3 5.6 5.7 15.6 5.1 17.5 5.2 ............ 10.8 6.0 7.7 3.8 8.52004 .............. 5.5 5.6 18.4 5.0 5.4 15.5 4.9 17.0 4.8 ............ 10.4 4.4 7.0 3.1 8.02005 .............. 5.1 5.1 18.6 4.4 5.1 14.5 4.6 16.6 4.4 ............ 10.0 4.0 6.0 2.8 7.82006 .............. 4.6 4.6 16.9 4.0 4.6 13.8 4.1 15.4 4.0 ............ 8.9 3.0 5.2 2.4 7.12007 .............. 4.6 4.7 17.6 4.1 4.5 13.8 4.0 15.7 4.1 ............ 8.3 3.2 5.6 2.5 6.52008 .............. 5.8 6.1 21.2 5.4 5.4 16.2 4.9 18.7 5.2 ............ 10.1 4.0 7.6 3.4 8.02009 .............. 9.3 10.3 27.8 9.6 8.1 20.7 7.5 24.3 8.5 ............ 14.8 7.3 12.1 6.6 11.52008: Jan ..... 5.0 5.1 21.2 4.4 4.7 14.4 4.2 17.8 4.4 ............ 9.2 3.2 6.4 2.7 7.0

Feb ..... 4.8 4.9 18.4 4.4 4.7 14.6 4.2 16.5 4.4 ............ 8.3 3.0 6.2 2.7 6.7Mar .... 5.1 5.2 17.8 4.6 4.9 14.2 4.5 16.0 4.5 ............ 9.1 3.6 6.9 2.9 7.1Apr ..... 5.0 5.1 17.1 4.6 4.7 14.1 4.3 15.6 4.4 ............ 8.6 3.2 6.9 2.8 6.8May .... 5.4 5.6 20.8 4.9 5.3 16.9 4.7 18.9 4.8 ............ 9.6 3.8 6.9 2.9 6.9June ... 5.5 5.8 21.1 5.1 5.3 16.8 4.7 19.0 5.0 ............ 9.4 4.5 7.7 3.0 7.9July .... 5.8 6.2 24.1 5.4 5.3 17.3 4.7 20.8 5.2 ............ 9.9 4.0 7.5 3.3 8.5Aug ..... 6.1 6.4 20.7 5.7 5.9 17.2 5.4 18.9 5.5 ............ 10.8 4.4 8.0 3.6 9.6Sept .... 6.2 6.8 21.3 6.1 5.5 17.1 5.0 19.3 5.5 ............ 11.4 3.8 8.0 3.9 8.2Oct ...... 6.6 7.1 24.2 6.4 5.9 16.1 5.4 20.3 6.0 ............ 11.3 3.8 8.9 4.1 8.8Nov ..... 6.9 7.5 23.8 6.8 6.2 16.6 5.7 20.3 6.3 ............ 11.5 4.8 8.8 4.3 9.3Dec ..... 7.4 8.1 23.2 7.4 6.6 18.3 6.0 20.8 6.7 ............ 12.1 5.1 9.4 4.6 9.5

2009: Jan ..... 7.7 8.5 24.4 7.8 6.9 17.3 6.4 20.9 7.0 ............ 12.8 6.2 9.9 5.1 10.3Feb ..... 8.2 9.0 25.0 8.4 7.3 18.6 6.8 21.8 7.5 ............ 13.5 6.9 11.0 5.6 10.3Mar .... 8.6 9.6 25.9 8.9 7.6 18.2 7.1 22.0 8.0 ............ 13.5 6.4 11.6 6.0 10.8Apr ..... 8.9 10.1 25.9 9.4 7.6 17.6 7.2 21.8 8.1 ............ 15.0 6.6 11.4 6.3 10.0May .... 9.4 10.5 27.1 9.8 8.1 19.1 7.5 23.2 8.6 ............ 15.0 6.7 12.7 6.7 11.0June ... 9.5 10.6 26.5 10.0 8.3 22.1 7.6 24.3 8.7 ............ 14.8 8.2 12.3 6.9 11.7July .... 9.4 10.5 27.9 9.8 8.2 20.9 7.6 24.5 8.7 ............ 14.7 8.3 12.4 6.9 12.6Aug ..... 9.7 11.0 29.9 10.2 8.3 21.4 7.7 25.7 8.9 ............ 15.2 7.5 13.0 7.1 12.2Sept .... 9.8 11.0 29.9 10.3 8.5 22.2 7.9 26.1 9.1 ............ 15.5 7.4 12.7 7.3 11.6Oct ...... 10.1 11.4 31.0 10.6 8.8 24.0 8.1 27.6 9.4 ............ 15.7 7.5 13.1 7.5 12.9Nov ..... 10.0 11.2 30.4 10.4 8.6 23.1 8.0 26.8 9.3 ............ 15.6 7.3 12.7 7.5 11.4Dec ..... 10.0 11.0 30.9 10.2 8.8 23.1 8.2 27.1 9.0 ............ 16.2 8.4 12.9 7.3 13.0

1 Unemployed as percent of civilian labor force in group specified.2 See footnote 1, Table B–37.3 Not seasonally adjusted (NSA).4 Persons whose ethnicity is identified as Hispanic or Latino may be of any race.Note: Data relate to persons 16 years of age and over.See footnote 5 and Note, Table B–35.Source: Department of Labor (Bureau of Labor Statistics).

Population, Employment, Wages, and Productivity | 381

Table B–43. Civilian unemployment rate by demographic characteristic, 1968–2009[Percent 1; monthly data seasonally adjusted]

Year or monthAll

civilianwork-

ers

White 2 Black and other or black or African American 2

Total

Males Females

Total

Males Females

Total 16–19years

20yearsandover

Total 16–19years

20yearsandover

Total 16–19years

20yearsandover

Total 16–19years

20yearsandover

Black and other 2

1968 ...................... 3.6 3.2 2.6 10.1 2.0 4.3 12.1 3.4 6.7 5.6 22.1 3.9 8.3 28.7 6.31969 ...................... 3.5 3.1 2.5 10.0 1.9 4.2 11.5 3.4 6.4 5.3 21.4 3.7 7.8 27.6 5.81970 ...................... 4.9 4.5 4.0 13.7 3.2 5.4 13.4 4.4 8.2 7.3 25.0 5.6 9.3 34.5 6.91971 ...................... 5.9 5.4 4.9 15.1 4.0 6.3 15.1 5.3 9.9 9.1 28.8 7.3 10.9 35.4 8.71972 ...................... 5.6 5.1 4.5 14.2 3.6 5.9 14.2 4.9 10.0 8.9 29.7 6.9 11.4 38.4 8.8

Black or African American 2

1972 ...................... 5.6 5.1 4.5 14.2 3.6 5.9 14.2 4.9 10.4 9.3 31.7 7.0 11.8 40.5 9.01973 ...................... 4.9 4.3 3.8 12.3 3.0 5.3 13.0 4.3 9.4 8.0 27.8 6.0 11.1 36.1 8.61974 ...................... 5.6 5.0 4.4 13.5 3.5 6.1 14.5 5.1 10.5 9.8 33.1 7.4 11.3 37.4 8.81975 ...................... 8.5 7.8 7.2 18.3 6.2 8.6 17.4 7.5 14.8 14.8 38.1 12.5 14.8 41.0 12.21976 ...................... 7.7 7.0 6.4 17.3 5.4 7.9 16.4 6.8 14.0 13.7 37.5 11.4 14.3 41.6 11.71977 ...................... 7.1 6.2 5.5 15.0 4.7 7.3 15.9 6.2 14.0 13.3 39.2 10.7 14.9 43.4 12.31978 ...................... 6.1 5.2 4.6 13.5 3.7 6.2 14.4 5.2 12.8 11.8 36.7 9.3 13.8 40.8 11.21979 ...................... 5.8 5.1 4.5 13.9 3.6 5.9 14.0 5.0 12.3 11.4 34.2 9.3 13.3 39.1 10.91980 ...................... 7.1 6.3 6.1 16.2 5.3 6.5 14.8 5.6 14.3 14.5 37.5 12.4 14.0 39.8 11.91981 ...................... 7.6 6.7 6.5 17.9 5.6 6.9 16.6 5.9 15.6 15.7 40.7 13.5 15.6 42.2 13.41982 ...................... 9.7 8.6 8.8 21.7 7.8 8.3 19.0 7.3 18.9 20.1 48.9 17.8 17.6 47.1 15.41983 ...................... 9.6 8.4 8.8 20.2 7.9 7.9 18.3 6.9 19.5 20.3 48.8 18.1 18.6 48.2 16.51984 ...................... 7.5 6.5 6.4 16.8 5.7 6.5 15.2 5.8 15.9 16.4 42.7 14.3 15.4 42.6 13.51985 ...................... 7.2 6.2 6.1 16.5 5.4 6.4 14.8 5.7 15.1 15.3 41.0 13.2 14.9 39.2 13.11986 ...................... 7.0 6.0 6.0 16.3 5.3 6.1 14.9 5.4 14.5 14.8 39.3 12.9 14.2 39.2 12.41987 ...................... 6.2 5.3 5.4 15.5 4.8 5.2 13.4 4.6 13.0 12.7 34.4 11.1 13.2 34.9 11.61988 ...................... 5.5 4.7 4.7 13.9 4.1 4.7 12.3 4.1 11.7 11.7 32.7 10.1 11.7 32.0 10.41989 ...................... 5.3 4.5 4.5 13.7 3.9 4.5 11.5 4.0 11.4 11.5 31.9 10.0 11.4 33.0 9.81990 ...................... 5.6 4.8 4.9 14.3 4.3 4.7 12.6 4.1 11.4 11.9 31.9 10.4 10.9 29.9 9.71991 ...................... 6.8 6.1 6.5 17.6 5.8 5.6 15.2 5.0 12.5 13.0 36.3 11.5 12.0 36.0 10.61992 ...................... 7.5 6.6 7.0 18.5 6.4 6.1 15.8 5.5 14.2 15.2 42.0 13.5 13.2 37.2 11.81993 ...................... 6.9 6.1 6.3 17.7 5.7 5.7 14.7 5.2 13.0 13.8 40.1 12.1 12.1 37.4 10.71994 ...................... 6.1 5.3 5.4 16.3 4.8 5.2 13.8 4.6 11.5 12.0 37.6 10.3 11.0 32.6 9.81995 ...................... 5.6 4.9 4.9 15.6 4.3 4.8 13.4 4.3 10.4 10.6 37.1 8.8 10.2 34.3 8.61996 ...................... 5.4 4.7 4.7 15.5 4.1 4.7 12.9 4.1 10.5 11.1 36.9 9.4 10.0 30.3 8.71997 ...................... 4.9 4.2 4.2 14.3 3.6 4.2 12.8 3.7 10.0 10.2 36.5 8.5 9.9 28.7 8.81998 ...................... 4.5 3.9 3.9 14.1 3.2 3.9 10.9 3.4 8.9 8.9 30.1 7.4 9.0 25.3 7.91999 ...................... 4.2 3.7 3.6 12.6 3.0 3.8 11.3 3.3 8.0 8.2 30.9 6.7 7.8 25.1 6.82000 ...................... 4.0 3.5 3.4 12.3 2.8 3.6 10.4 3.1 7.6 8.0 26.2 6.9 7.1 22.8 6.22001 ...................... 4.7 4.2 4.2 13.9 3.7 4.1 11.4 3.6 8.6 9.3 30.4 8.0 8.1 27.5 7.02002 ...................... 5.8 5.1 5.3 15.9 4.7 4.9 13.1 4.4 10.2 10.7 31.3 9.5 9.8 28.3 8.82003 ...................... 6.0 5.2 5.6 17.1 5.0 4.8 13.3 4.4 10.8 11.6 36.0 10.3 10.2 30.3 9.22004 ...................... 5.5 4.8 5.0 16.3 4.4 4.7 13.6 4.2 10.4 11.1 35.6 9.9 9.8 28.2 8.92005 ...................... 5.1 4.4 4.4 16.1 3.8 4.4 12.3 3.9 10.0 10.5 36.3 9.2 9.5 30.3 8.52006 ...................... 4.6 4.0 4.0 14.6 3.5 4.0 11.7 3.6 8.9 9.5 32.7 8.3 8.4 25.9 7.52007 ...................... 4.6 4.1 4.2 15.7 3.7 4.0 12.1 3.6 8.3 9.1 33.8 7.9 7.5 25.3 6.72008 ...................... 5.8 5.2 5.5 19.1 4.9 4.9 14.4 4.4 10.1 11.4 35.9 10.2 8.9 26.8 8.12009 ...................... 9.3 8.5 9.4 25.2 8.8 7.3 18.4 6.8 14.8 17.5 46.0 16.3 12.4 33.4 11.52008: Jan ............. 5.0 4.4 4.6 19.1 3.9 4.2 12.8 3.8 9.2 10.1 38.0 8.3 8.3 28.7 7.5

Feb ............. 4.8 4.4 4.5 16.8 4.0 4.2 11.9 3.8 8.3 9.0 31.1 8.0 7.7 30.3 6.5Mar ............ 5.1 4.5 4.5 14.5 4.1 4.4 11.8 4.0 9.1 9.8 39.1 8.5 8.6 26.5 7.7Apr ............. 5.0 4.4 4.6 15.4 4.1 4.2 13.2 3.7 8.6 9.2 27.4 8.4 8.2 22.9 7.5May ............ 5.4 4.8 5.0 18.1 4.4 4.6 15.4 4.1 9.6 10.4 39.4 9.0 8.8 24.7 8.1June ........... 5.5 5.0 5.1 18.9 4.5 4.7 15.0 4.2 9.4 10.7 35.5 9.6 8.2 24.0 7.5July ............ 5.8 5.2 5.5 22.3 4.8 4.8 15.5 4.2 9.9 11.7 38.7 10.4 8.3 27.3 7.5Aug ............. 6.1 5.5 5.7 19.5 5.1 5.2 14.5 4.8 10.8 11.5 29.8 10.6 10.1 30.1 9.2Sept ............ 6.2 5.5 6.0 19.7 5.4 4.8 15.2 4.3 11.4 13.0 32.8 12.0 10.0 27.3 9.2Oct .............. 6.6 6.0 6.4 21.8 5.8 5.4 14.2 4.9 11.3 13.3 39.5 11.9 9.6 26.3 8.9Nov ............. 6.9 6.3 6.8 21.4 6.1 5.6 15.4 5.2 11.5 13.6 42.5 12.4 9.6 21.9 9.2Dec ............. 7.4 6.7 7.2 21.5 6.6 6.2 16.3 5.7 12.1 14.7 35.3 13.8 9.8 31.3 8.9

2009: Jan ............. 7.7 7.0 7.6 22.0 7.0 6.3 15.0 5.9 12.8 15.7 44.4 14.4 10.3 30.1 9.4Feb ............. 8.2 7.5 8.2 22.4 7.6 6.6 16.3 6.1 13.5 16.4 45.6 15.1 11.0 32.5 10.1Mar ............ 8.6 8.0 8.7 23.5 8.1 7.0 17.1 6.5 13.5 16.6 41.7 15.6 10.8 26.0 10.1Apr ............. 8.9 8.1 9.1 22.9 8.5 6.9 17.1 6.4 15.0 18.4 41.7 17.2 12.1 28.2 11.4May ............ 9.4 8.6 9.7 24.6 9.0 7.4 16.6 6.9 15.0 17.9 46.2 16.7 12.3 34.8 11.3June ........... 9.5 8.7 9.8 24.4 9.2 7.4 19.0 6.8 14.8 17.5 44.8 16.4 12.4 33.1 11.5July ............ 9.4 8.7 9.8 26.1 9.1 7.4 18.7 6.8 14.7 17.0 39.2 16.0 12.8 33.5 11.9Aug ............. 9.7 8.9 10.1 28.1 9.3 7.5 20.2 7.0 15.2 18.2 46.8 17.0 12.7 24.5 12.2Sept ............ 9.8 9.1 10.2 26.8 9.6 7.6 19.7 7.1 15.5 18.0 50.8 16.5 13.3 32.7 12.5Oct .............. 10.1 9.4 10.6 28.6 9.9 8.0 21.4 7.4 15.7 18.1 43.6 17.0 13.6 40.7 12.5Nov ............. 10.0 9.3 10.4 26.0 9.8 7.9 20.0 7.4 15.6 18.7 57.1 16.8 12.8 41.4 11.7Dec ............. 10.0 9.0 10.0 27.4 9.3 8.0 19.8 7.4 16.2 18.2 52.2 16.6 14.3 44.8 13.1

1 Unemployed as percent of civilian labor force in group specified.2 See footnote 1, Table B–37.Note: Data relate to persons 16 years of age and over.See footnote 5 and Note, Table B–35.Source: Department of Labor (Bureau of Labor Statistics).

382 | Appendix B

Table B–44. Unemployment by duration and reason, 1962–2009[Thousands of persons, except as noted; monthly data seasonally adjusted 1]

Year or monthUn-

employ-ment

Duration of unemployment Reason for unemployment

Lessthan 5weeks

5–14weeks

15–26weeks

27weeks

andover

Average(mean)

duration(weeks)

Medianduration(weeks)

Job losers 3

Jobleavers

Re-entrants

NewentrantsTotal On

layoff Other

1962 ...................... 3,911 1,663 1,134 534 585 14.7 .............. .............. .............. .............. .............. .............. ...............1963 ...................... 4,070 1,751 1,231 535 553 14.0 .............. .............. .............. .............. .............. .............. ...............1964 ...................... 3,786 1,697 1,117 491 482 13.3 .............. .............. .............. .............. .............. .............. ...............1965 ...................... 3,366 1,628 983 404 351 11.8 .............. .............. .............. .............. .............. .............. ...............1966 ...................... 2,875 1,573 779 287 239 10.4 .............. .............. .............. .............. .............. .............. ...............1967 2 .................... 2,975 1,634 893 271 177 8.7 2.3 1,229 394 836 438 945 3961968 ...................... 2,817 1,594 810 256 156 8.4 4.5 1,070 334 736 431 909 4071969 ...................... 2,832 1,629 827 242 133 7.8 4.4 1,017 339 678 436 965 4131970 ...................... 4,093 2,139 1,290 428 235 8.6 4.9 1,811 675 1,137 550 1,228 5041971 ...................... 5,016 2,245 1,585 668 519 11.3 6.3 2,323 735 1,588 590 1,472 6301972 ...................... 4,882 2,242 1,472 601 566 12.0 6.2 2,108 582 1,526 641 1,456 6771973 ...................... 4,365 2,224 1,314 483 343 10.0 5.2 1,694 472 1,221 683 1,340 6491974 ...................... 5,156 2,604 1,597 574 381 9.8 5.2 2,242 746 1,495 768 1,463 6811975 ...................... 7,929 2,940 2,484 1,303 1,203 14.2 8.4 4,386 1,671 2,714 827 1,892 8231976 ...................... 7,406 2,844 2,196 1,018 1,348 15.8 8.2 3,679 1,050 2,628 903 1,928 8951977 ...................... 6,991 2,919 2,132 913 1,028 14.3 7.0 3,166 865 2,300 909 1,963 9531978 ...................... 6,202 2,865 1,923 766 648 11.9 5.9 2,585 712 1,873 874 1,857 8851979 ...................... 6,137 2,950 1,946 706 535 10.8 5.4 2,635 851 1,784 880 1,806 8171980 ...................... 7,637 3,295 2,470 1,052 820 11.9 6.5 3,947 1,488 2,459 891 1,927 8721981 ...................... 8,273 3,449 2,539 1,122 1,162 13.7 6.9 4,267 1,430 2,837 923 2,102 9811982 ...................... 10,678 3,883 3,311 1,708 1,776 15.6 8.7 6,268 2,127 4,141 840 2,384 1,1851983 ...................... 10,717 3,570 2,937 1,652 2,559 20.0 10.1 6,258 1,780 4,478 830 2,412 1,2161984 ...................... 8,539 3,350 2,451 1,104 1,634 18.2 7.9 4,421 1,171 3,250 823 2,184 1,1101985 ...................... 8,312 3,498 2,509 1,025 1,280 15.6 6.8 4,139 1,157 2,982 877 2,256 1,0391986 ...................... 8,237 3,448 2,557 1,045 1,187 15.0 6.9 4,033 1,090 2,943 1,015 2,160 1,0291987 ...................... 7,425 3,246 2,196 943 1,040 14.5 6.5 3,566 943 2,623 965 1,974 9201988 ...................... 6,701 3,084 2,007 801 809 13.5 5.9 3,092 851 2,241 983 1,809 8161989 ...................... 6,528 3,174 1,978 730 646 11.9 4.8 2,983 850 2,133 1,024 1,843 6771990 ...................... 7,047 3,265 2,257 822 703 12.0 5.3 3,387 1,028 2,359 1,041 1,930 6881991 ...................... 8,628 3,480 2,791 1,246 1,111 13.7 6.8 4,694 1,292 3,402 1,004 2,139 7921992 ...................... 9,613 3,376 2,830 1,453 1,954 17.7 8.7 5,389 1,260 4,129 1,002 2,285 9371993 ...................... 8,940 3,262 2,584 1,297 1,798 18.0 8.3 4,848 1,115 3,733 976 2,198 9191994 ...................... 7,996 2,728 2,408 1,237 1,623 18.8 9.2 3,815 977 2,838 791 2,786 6041995 ...................... 7,404 2,700 2,342 1,085 1,278 16.6 8.3 3,476 1,030 2,446 824 2,525 5791996 ...................... 7,236 2,633 2,287 1,053 1,262 16.7 8.3 3,370 1,021 2,349 774 2,512 5801997 ...................... 6,739 2,538 2,138 995 1,067 15.8 8.0 3,037 931 2,106 795 2,338 5691998 ...................... 6,210 2,622 1,950 763 875 14.5 6.7 2,822 866 1,957 734 2,132 5201999 ...................... 5,880 2,568 1,832 755 725 13.4 6.4 2,622 848 1,774 783 2,005 4692000 ...................... 5,692 2,558 1,815 669 649 12.6 5.9 2,517 852 1,664 780 1,961 4342001 ...................... 6,801 2,853 2,196 951 801 13.1 6.8 3,476 1,067 2,409 835 2,031 4592002 ...................... 8,378 2,893 2,580 1,369 1,535 16.6 9.1 4,607 1,124 3,483 866 2,368 5362003 ...................... 8,774 2,785 2,612 1,442 1,936 19.2 10.1 4,838 1,121 3,717 818 2,477 6412004 ...................... 8,149 2,696 2,382 1,293 1,779 19.6 9.8 4,197 998 3,199 858 2,408 6862005 ...................... 7,591 2,667 2,304 1,130 1,490 18.4 8.9 3,667 933 2,734 872 2,386 6662006 ...................... 7,001 2,614 2,121 1,031 1,235 16.8 8.3 3,321 921 2,400 827 2,237 6162007 ...................... 7,078 2,542 2,232 1,061 1,243 16.8 8.5 3,515 976 2,539 793 2,142 6272008 ...................... 8,924 2,932 2,804 1,427 1,761 17.9 9.4 4,789 1,176 3,614 896 2,472 7662009 ...................... 14,265 3,165 3,828 2,775 4,496 24.4 15.1 9,160 1,630 7,530 882 3,187 1,0352008: Jan ............. 7,628 2,619 2,399 1,157 1,382 17.5 9.0 3,874 1,055 2,819 831 2,202 685

Feb ............. 7,435 2,623 2,378 1,106 1,313 16.9 8.6 3,870 996 2,875 781 2,113 660Mar ............ 7,793 2,759 2,494 1,156 1,316 16.4 8.4 4,144 1,065 3,078 794 2,123 705Apr ............. 7,631 2,468 2,504 1,294 1,374 17.0 9.3 4,016 1,094 2,922 860 2,128 631May ............ 8,397 3,259 2,416 1,193 1,579 16.8 8.1 4,209 1,093 3,117 877 2,485 807June ........... 8,560 2,751 2,980 1,309 1,603 17.4 9.4 4,386 1,095 3,291 858 2,506 771July ............ 8,895 2,872 2,834 1,427 1,679 17.1 9.7 4,589 1,041 3,549 871 2,703 829Aug ............. 9,509 3,291 2,848 1,570 1,860 17.7 9.4 4,958 1,262 3,695 1,014 2,657 826Sept ............ 9,569 2,916 3,073 1,613 2,014 18.6 10.2 5,275 1,366 3,909 982 2,594 811Oct .............. 10,172 3,098 3,115 1,770 2,270 19.8 10.5 5,763 1,330 4,433 936 2,651 826Nov ............. 10,617 3,312 3,307 1,776 2,214 18.7 9.9 6,266 1,442 4,824 924 2,697 735Dec ............. 11,400 3,294 3,535 1,987 2,612 19.6 10.7 6,729 1,550 5,179 1,007 2,802 820

2009: Jan ............. 11,919 3,633 3,622 2,073 2,689 19.9 10.6 7,251 1,468 5,784 912 2,792 792Feb ............. 12,714 3,364 3,961 2,405 2,964 20.0 11.4 7,878 1,519 6,359 820 2,912 1,016Mar ............ 13,310 3,314 4,032 2,574 3,241 20.8 11.9 8,434 1,581 6,853 884 3,017 881Apr ............. 13,816 3,284 3,962 2,571 3,725 21.8 13.1 8,867 1,638 7,229 887 3,127 919May ............ 14,518 3,219 4,300 2,983 4,030 22.9 14.9 9,428 1,842 7,586 909 3,200 977June ........... 14,721 3,152 3,994 3,404 4,440 24.4 18.2 9,562 1,741 7,821 822 3,322 969July ............ 14,534 3,181 3,539 2,847 4,972 25.3 15.9 9,549 1,670 7,880 882 3,306 994Aug ............. 14,993 2,992 4,093 2,825 5,024 25.2 15.5 9,814 1,704 8,110 835 3,294 1,096Sept ............ 15,159 2,938 3,838 2,958 5,447 26.5 17.8 10,236 1,918 8,318 869 3,255 1,134Oct .............. 15,612 3,131 3,671 3,184 5,620 27.2 19.0 10,261 1,671 8,590 909 3,461 1,114Nov ............. 15,340 2,774 3,517 3,075 5,901 28.6 20.2 9,965 1,548 8,418 929 3,221 1,270Dec ............. 15,267 2,929 3,486 2,840 6,130 29.1 20.5 9,701 1,558 8,143 932 3,334 1,270

1 Because of independent seasonal adjustment of the various series, detail will not sum to totals.2 For 1967, the sum of the unemployed categorized by reason for unemployment does not equal total unemployment.3 Beginning with January 1994, job losers and persons who completed temporary jobs.Note: Data relate to persons 16 years of age and over.See footnote 5 and Note, Table B–35.Source: Department of Labor (Bureau of Labor Statistics).

Population, Employment, Wages, and Productivity | 383

Table B–45. Unemployment insurance programs, selected data, 1980–2009[Thousands of persons, except as noted]

Year or month

All programs 1 Regular State programs

Insuredunemploy-

ment(weekly

average) 2

Totalbenefits

paid(millions

ofdollars)

Coveredemploy-ment 3

Insuredunemploy-

ment(weekly

average) 2

Initialclaims(weeklyaverage)

Exhaustions(weekly

average) 4

Insuredunemploy-

ment aspercent

ofcovered

employment

Benefits paid

Total(millions

ofdollars)

Averageweeklycheck

(dollars) 5

1980 ......................................... 3,521 16,668 86,918 3,356 488 59 3.9 14,887 99.061981 ......................................... 3,248 15,910 87,783 3,045 460 57 3.5 14,568 106.611982 ......................................... 4,836 26,649 86,148 4,059 583 80 4.7 21,769 119.341983 ......................................... 5,216 31,615 86,867 3,395 438 80 3.9 19,025 123.591984 ......................................... 3,160 18,201 91,378 2,475 377 50 2.7 13,642 123.471985 ......................................... 2,751 16,441 94,027 2,617 397 49 2.8 14,941 128.091986 ......................................... 2,667 16,325 95,946 2,621 378 52 2.7 16,188 135.651987 ......................................... 2,349 14,632 98,760 2,300 328 46 2.3 14,561 140.391988 ......................................... 2,122 13,500 101,987 2,081 310 38 2.0 13,483 144.741989 ......................................... 2,158 14,618 104,750 2,156 330 37 2.1 14,603 151.431990 ......................................... 2,527 18,452 106,325 2,522 388 45 2.4 18,413 161.201991 ......................................... 3,514 27,004 104,642 3,342 447 67 3.2 25,924 169.561992 ......................................... 4,906 39,669 105,187 3,245 408 74 3.1 26,048 173.381993 ......................................... 4,188 34,649 107,263 2,751 341 62 2.6 22,599 179.411994 ......................................... 2,941 24,261 110,526 2,670 340 57 2.4 22,338 181.911995 ......................................... 2,648 22,026 113,504 2,572 357 51 2.3 21,925 187.041996 ......................................... 2,656 22,397 116,078 2,595 356 53 2.2 22,349 189.271997 ......................................... 2,372 20,333 119,159 2,323 323 48 1.9 20,287 192.841998 ......................................... 2,264 20,091 122,427 2,222 321 44 1.8 20,017 200.581999 ......................................... 2,223 21,037 125,280 2,188 298 44 1.7 21,001 212.102000 ......................................... 2,143 21,005 128,054 2,110 301 41 1.6 20,983 221.012001 ......................................... 3,012 32,227 127,923 2,974 404 54 2.3 32,135 238.072002 ......................................... 4,453 53,350 126,545 3,585 407 85 2.8 42,266 256.792003 ......................................... 4,400 53,352 126,084 3,531 404 85 2.8 41,896 261.672004 ......................................... 3,103 36,495 127,618 2,950 345 68 2.3 35,034 262.502005 ......................................... 2,709 32,154 129,929 2,661 328 55 2.0 32,098 266.632006 ......................................... 2,521 30,917 132,177 2,476 313 51 1.9 30,852 277.202007 ......................................... 2,612 33,212 133,688 2,572 324 51 1.9 33,156 287.732008 ......................................... 3,898 51,798 133,076 3,306 424 66 2.5 43,764 297.102009 p ....................................... 8,943 139,826 127,507 5,724 565 141 4.5 80,681 309.852008: Jan ................................ 3,764 3,873.8 131,879 3,712 516 65 2.8 3,867.8 297.86

Feb ................................ 3,422 3,558.2 132,366 3,378 359 56 2.6 3,551.3 300.02Mar ............................... 3,735 3,781.6 132,979 3,689 356 63 2.8 3,774.8 299.60Apr ................................ 3,346 3,568.6 133,635 3,304 381 71 2.5 3,560.6 298.80May ............................... 2,938 2,996.2 134,678 2,901 349 64 2.2 2,989.6 297.40June .............................. 3,269 3,149.2 134,871 3,228 392 65 2.4 3,143.0 293.66July ............................... 3,839 3,844.8 132,182 3,421 459 76 2.6 3,467.2 290.97Aug ................................ 4,789 4,737.2 132,707 3,301 375 69 2.5 3,199.2 290.65Sept ............................... 5,075 5,289.3 133,449 3,441 424 76 2.6 3,494.5 294.80Oct ................................. 4,562 4,719.4 133,279 3,387 506 78 2.5 3,432.1 297.24Nov ................................ 4,693 4,515.6 132,740 3,778 558 75 2.8 3,623.0 297.88Dec ................................ 7,245 7,763.9 132,142 5,441 838 99 4.1 5,660.6 302.32

2009: Jan ................................ 7,857 8,445.8 127,642 5,870 804 98 4.6 6,211.3 306.17Feb ................................ 7,986 8,807.0 127,235 6,050 644 98 4.8 6,524.8 308.16Mar ............................... 10,177 11,947.7 127,156 7,557 680 128 5.9 8,243.2 305.93Apr ................................ 9,150 11,288.2 127,227 6,634 641 134 5.2 7,426.2 313.24May ............................... 9,336 11,305.2 127,949 6,497 567 150 5.1 7,065.9 315.16June .............................. 10,240 12,827.4 127,834 6,833 636 174 5.3 7,688.3 312.75July ............................... 10,021 12,543.3 .................... 6,443 627 187 .................... 7,110.6 311.54Aug ................................ 10,794 12,788.3 .................... 6,449 500 193 .................... 6,765.3 308.69Sept ............................... 9,852 12,540.7 .................... 5,556 479 182 .................... 6,222.1 310.93Oct ................................. 9,146 11,181.6 .................... 5,072 531 163 .................... 5,382.8 309.53Nov ................................ 10,467 12,257.5 .................... 5,632 548 162 .................... 5,701.8 306.69Dec p ............................. 11,238 13,893.4 ................... 5,814 694 163 .................... 6,338.6 308.41

1 Includes State Unemployment Insurance (State), Unemployment Compensation for Federal Employees (UCFE), Unemployment Compensation for Ex-servicemembers (UCX), and Federal and State extended benefit programs. Also includes temporary Federal emergency programs: Federal Supplemental Compensation(1982-1985), Emergency Unemployment Compensation (EUC, 1992-1993), Temporary Extended Unemployment Compensation (2002-2004), EUC 2008 (2008-2009), and Federal Additional Compensation (2009).

2 The number of people continuing to receive benefits.3 Workers covered by regular State Unemployment Insurance programs.4 Individuals receiving final payments in benefit year.5 For total unemployment only. Excludes partial payments.Note: Includes data for the District of Columbia, Puerto Rico, and the Virgin Islands.Source: Department of Labor (Employment and Training Administration).

384 | Appendix B

Table B–46. Employees on nonagricultural payrolls, by major industry, 1962–2009[Thousands of persons; monthly data seasonally adjusted]

Year or month Total

Goods-producing industries Service-providing industries

TotalMining

andlogging

Con-struc-tion

ManufacturingTotal

Trade, transportation,and utilities 1

Total Durablegoods

Nondurablegoods Total Retail trade

1962 ...................... 55,659 19,203 709 2,997 15,498 9,099 6,399 36,455 11,215 5,6721963 ...................... 56,764 19,385 694 3,060 15,631 9,226 6,405 37,379 11,367 5,7811964 ...................... 58,391 19,733 697 3,148 15,888 9,414 6,474 38,658 11,677 5,9771965 ...................... 60,874 20,595 694 3,284 16,617 9,973 6,644 40,279 12,139 6,2621966 ...................... 64,020 21,740 690 3,371 17,680 10,803 6,878 42,280 12,611 6,5301967 ...................... 65,931 21,882 679 3,305 17,897 10,952 6,945 44,049 12,950 6,7111968 ...................... 68,023 22,292 671 3,410 18,211 11,137 7,074 45,731 13,334 6,9771969 ...................... 70,512 22,893 683 3,637 18,573 11,396 7,177 47,619 13,853 7,2951970 ...................... 71,006 22,179 677 3,654 17,848 10,762 7,086 48,827 14,144 7,4631971 ...................... 71,335 21,602 658 3,770 17,174 10,229 6,944 49,734 14,318 7,6571972 ...................... 73,798 22,299 672 3,957 17,669 10,630 7,039 51,499 14,788 8,0381973 ...................... 76,912 23,450 693 4,167 18,589 11,414 7,176 53,462 15,349 8,3711974 ...................... 78,389 23,364 755 4,095 18,514 11,432 7,082 55,025 15,693 8,5361975 ...................... 77,069 21,318 802 3,608 16,909 10,266 6,643 55,751 15,606 8,6001976 ...................... 79,502 22,025 832 3,662 17,531 10,640 6,891 57,477 16,128 8,9661977 ...................... 82,593 22,972 865 3,940 18,167 11,132 7,035 59,620 16,765 9,3591978 ...................... 86,826 24,156 902 4,322 18,932 11,770 7,162 62,670 17,658 9,8791979 ...................... 89,932 24,997 1,008 4,562 19,426 12,220 7,206 64,935 18,303 10,1801980 ...................... 90,528 24,263 1,077 4,454 18,733 11,679 7,054 66,265 18,413 10,2441981 ...................... 91,289 24,118 1,180 4,304 18,634 11,611 7,023 67,172 18,604 10,3641982 ...................... 89,677 22,550 1,163 4,024 17,363 10,610 6,753 67,127 18,457 10,3721983 ...................... 90,280 22,110 997 4,065 17,048 10,326 6,722 68,171 18,668 10,6351984 ...................... 94,530 23,435 1,014 4,501 17,920 11,050 6,870 71,095 19,653 11,2231985 ...................... 97,511 23,585 974 4,793 17,819 11,034 6,784 73,926 20,379 11,7331986 ...................... 99,474 23,318 829 4,937 17,552 10,795 6,757 76,156 20,795 12,0781987 ...................... 102,088 23,470 771 5,090 17,609 10,767 6,842 78,618 21,302 12,4191988 ...................... 105,345 23,909 770 5,233 17,906 10,969 6,938 81,436 21,974 12,8081989 ...................... 108,014 24,045 750 5,309 17,985 11,004 6,981 83,969 22,510 13,1081990 ...................... 109,487 23,723 765 5,263 17,695 10,737 6,958 85,764 22,666 13,1821991 ...................... 108,375 22,588 739 4,780 17,068 10,220 6,848 85,787 22,281 12,8961992 ...................... 108,726 22,095 689 4,608 16,799 9,946 6,853 86,631 22,125 12,8281993 ...................... 110,844 22,219 666 4,779 16,774 9,901 6,872 88,625 22,378 13,0211994 ...................... 114,291 22,774 659 5,095 17,020 10,132 6,889 91,517 23,128 13,4911995 ...................... 117,298 23,156 641 5,274 17,241 10,373 6,868 94,142 23,834 13,8971996 ...................... 119,708 23,409 637 5,536 17,237 10,486 6,751 96,299 24,239 14,1431997 ...................... 122,776 23,886 654 5,813 17,419 10,705 6,714 98,890 24,700 14,3891998 ...................... 125,930 24,354 645 6,149 17,560 10,911 6,649 101,576 25,186 14,6091999 ...................... 128,993 24,465 598 6,545 17,322 10,831 6,491 104,528 25,771 14,9702000 ...................... 131,785 24,649 599 6,787 17,263 10,877 6,386 107,136 26,225 15,2802001 ...................... 131,826 23,873 606 6,826 16,441 10,336 6,105 107,952 25,983 15,2392002 ...................... 130,341 22,557 583 6,716 15,259 9,485 5,774 107,784 25,497 15,0252003 ...................... 129,999 21,816 572 6,735 14,510 8,964 5,546 108,183 25,287 14,9172004 ...................... 131,435 21,882 591 6,976 14,315 8,925 5,390 109,553 25,533 15,0582005 ...................... 133,703 22,190 628 7,336 14,226 8,956 5,271 111,513 25,959 15,2802006 ...................... 136,086 22,531 684 7,691 14,155 8,981 5,174 113,556 26,276 15,3532007 ...................... 137,598 22,233 724 7,630 13,879 8,808 5,071 115,366 26,630 15,5202008 ...................... 137,066 21,419 774 7,215 13,431 8,476 4,955 115,646 26,385 15,3562009 p .................... 131,997 18,938 727 6,234 11,978 7,360 4,618 113,059 25,263 14,7742008: Jan ............. 138,080 21,981 748 7,489 13,744 8,710 5,034 116,099 26,717 15,572

Feb ............. 137,936 21,887 750 7,445 13,692 8,673 5,019 116,049 26,655 15,526Mar ............ 137,814 21,800 756 7,401 13,643 8,637 5,006 116,014 26,629 15,506Apr ............. 137,654 21,679 756 7,337 13,586 8,587 4,999 115,975 26,562 15,458May ............ 137,517 21,612 763 7,293 13,556 8,567 4,989 115,905 26,503 15,420June ........... 137,356 21,507 770 7,232 13,505 8,533 4,972 115,849 26,467 15,404July ............ 137,228 21,432 777 7,201 13,454 8,502 4,952 115,796 26,425 15,380Aug ............. 137,053 21,351 787 7,177 13,387 8,439 4,948 115,702 26,354 15,335Sept ............ 136,732 21,247 794 7,131 13,322 8,392 4,930 115,485 26,257 15,278Oct .............. 136,352 21,063 794 7,066 13,203 8,300 4,903 115,289 26,157 15,217Nov ............. 135,755 20,814 793 6,939 13,082 8,216 4,866 114,941 26,005 15,126Dec ............. 135,074 20,532 789 6,841 12,902 8,085 4,817 114,542 25,843 15,038

2009: Jan ............. 134,333 20,127 781 6,706 12,640 7,881 4,759 114,206 25,735 14,992Feb ............. 133,652 19,832 771 6,593 12,468 7,753 4,715 113,820 25,605 14,934Mar ............ 133,000 19,520 754 6,470 12,296 7,620 4,676 113,480 25,479 14,872Apr ............. 132,481 19,253 740 6,367 12,146 7,490 4,656 113,228 25,371 14,840May ............ 132,178 19,041 731 6,310 12,000 7,372 4,628 113,137 25,308 14,812June ........... 131,715 18,829 721 6,231 11,877 7,271 4,606 112,886 25,258 14,792July ............ 131,411 18,713 715 6,162 11,836 7,248 4,588 112,698 25,174 14,747Aug ............. 131,257 18,583 706 6,096 11,781 7,204 4,577 112,674 25,146 14,726Sept ............ 131,118 18,488 705 6,043 11,740 7,169 4,571 112,630 25,090 14,686Oct .............. 130,991 18,379 700 5,987 11,692 7,134 4,558 112,612 25,031 14,647Nov p .......... 130,995 18,321 704 5,960 11,657 7,105 4,552 112,674 24,999 14,633Dec p .......... 130,910 18,240 703 5,907 11,630 7,089 4,541 112,670 24,962 14,623

1 Includes wholesale trade, transportation and warehousing, and utilities, not shown separately.Note: Data in Tables B–46 and B–47 are based on reports from employing establishments and relate to full- and part-time wage and salary workers in

nonagricultural establishments who received pay for any part of the pay period that includes the 12th of the month. Not comparable with labor force data(Tables B–35 through B–44), which include proprietors, self-employed persons, unpaid family workers, and private household workers; which count persons asemployed when they are not at work because of industrial disputes, bad weather, etc., even if they are not paid for the time off; which are based on a

See next page for continuation of table.

Population, Employment, Wages, and Productivity | 385

Table B–46. Employees on nonagricultural payrolls, by major industry,1962–2009—Continued

[Thousands of persons; monthly data seasonally adjusted]

Year or month

Service-providing industries—Continued

Information Financialactivities

Profes-sional andbusinessservices

Educationand

healthservices

Leisureand

hospitalityOther

services

Government

Total Federal State Local

1962 ...................... 1,723 2,656 3,885 3,172 3,557 1,243 9,004 2,455 1,669 4,8811963 ...................... 1,735 2,731 3,990 3,288 3,639 1,288 9,341 2,473 1,747 5,1211964 ...................... 1,766 2,811 4,137 3,438 3,772 1,346 9,711 2,463 1,856 5,3921965 ...................... 1,824 2,878 4,306 3,587 3,951 1,404 10,191 2,495 1,996 5,7001966 ...................... 1,908 2,961 4,517 3,770 4,127 1,475 10,910 2,690 2,141 6,0801967 ...................... 1,955 3,087 4,720 3,986 4,269 1,558 11,525 2,852 2,302 6,3711968 ...................... 1,991 3,234 4,918 4,191 4,453 1,638 11,972 2,871 2,442 6,6601969 ...................... 2,048 3,404 5,156 4,428 4,670 1,731 12,330 2,893 2,533 6,9041970 ...................... 2,041 3,532 5,267 4,577 4,789 1,789 12,687 2,865 2,664 7,1581971 ...................... 2,009 3,651 5,328 4,675 4,914 1,827 13,012 2,828 2,747 7,4371972 ...................... 2,056 3,784 5,523 4,863 5,121 1,900 13,465 2,815 2,859 7,7901973 ...................... 2,135 3,920 5,774 5,092 5,341 1,990 13,862 2,794 2,923 8,1461974 ...................... 2,160 4,023 5,974 5,322 5,471 2,078 14,303 2,858 3,039 8,4071975 ...................... 2,061 4,047 6,034 5,497 5,544 2,144 14,820 2,882 3,179 8,7581976 ...................... 2,111 4,155 6,287 5,756 5,794 2,244 15,001 2,863 3,273 8,8651977 ...................... 2,185 4,348 6,587 6,052 6,065 2,359 15,258 2,859 3,377 9,0231978 ...................... 2,287 4,599 6,972 6,427 6,411 2,505 15,812 2,893 3,474 9,4461979 ...................... 2,375 4,843 7,312 6,767 6,631 2,637 16,068 2,894 3,541 9,6331980 ...................... 2,361 5,025 7,544 7,072 6,721 2,755 16,375 3,000 3,610 9,7651981 ...................... 2,382 5,163 7,782 7,357 6,840 2,865 16,180 2,922 3,640 9,6191982 ...................... 2,317 5,209 7,848 7,515 6,874 2,924 15,982 2,884 3,640 9,4581983 ...................... 2,253 5,334 8,039 7,766 7,078 3,021 16,011 2,915 3,662 9,4341984 ...................... 2,398 5,553 8,464 8,193 7,489 3,186 16,159 2,943 3,734 9,4821985 ...................... 2,437 5,815 8,871 8,657 7,869 3,366 16,533 3,014 3,832 9,6871986 ...................... 2,445 6,128 9,211 9,061 8,156 3,523 16,838 3,044 3,893 9,9011987 ...................... 2,507 6,385 9,608 9,515 8,446 3,699 17,156 3,089 3,967 10,1001988 ...................... 2,585 6,500 10,090 10,063 8,778 3,907 17,540 3,124 4,076 10,3391989 ...................... 2,622 6,562 10,555 10,616 9,062 4,116 17,927 3,136 4,182 10,6091990 ...................... 2,688 6,614 10,848 10,984 9,288 4,261 18,415 3,196 4,305 10,9141991 ...................... 2,677 6,558 10,714 11,506 9,256 4,249 18,545 3,110 4,355 11,0811992 ...................... 2,641 6,540 10,970 11,891 9,437 4,240 18,787 3,111 4,408 11,2671993 ...................... 2,668 6,709 11,495 12,303 9,732 4,350 18,989 3,063 4,488 11,4381994 ...................... 2,738 6,867 12,174 12,807 10,100 4,428 19,275 3,018 4,576 11,6821995 ...................... 2,843 6,827 12,844 13,289 10,501 4,572 19,432 2,949 4,635 11,8491996 ...................... 2,940 6,969 13,462 13,683 10,777 4,690 19,539 2,877 4,606 12,0561997 ...................... 3,084 7,178 14,335 14,087 11,018 4,825 19,664 2,806 4,582 12,2761998 ...................... 3,218 7,462 15,147 14,446 11,232 4,976 19,909 2,772 4,612 12,5251999 ...................... 3,419 7,648 15,957 14,798 11,543 5,087 20,307 2,769 4,709 12,8292000 ...................... 3,630 7,687 16,666 15,109 11,862 5,168 20,790 2,865 4,786 13,1392001 ...................... 3,629 7,808 16,476 15,645 12,036 5,258 21,118 2,764 4,905 13,4492002 ...................... 3,395 7,847 15,976 16,199 11,986 5,372 21,513 2,766 5,029 13,7182003 ...................... 3,188 7,977 15,987 16,588 12,173 5,401 21,583 2,761 5,002 13,8202004 ...................... 3,118 8,031 16,394 16,953 12,493 5,409 21,621 2,730 4,982 13,9092005 ...................... 3,061 8,153 16,954 17,372 12,816 5,395 21,804 2,732 5,032 14,0412006 ...................... 3,038 8,328 17,566 17,826 13,110 5,438 21,974 2,732 5,075 14,1672007 ...................... 3,032 8,301 17,942 18,322 13,427 5,494 22,218 2,734 5,122 14,3622008 ...................... 2,997 8,146 17,778 18,855 13,459 5,528 22,500 2,764 5,178 14,5572009 p .................... 2,856 7,773 16,787 19,272 13,180 5,412 22,516 2,830 5,182 14,5042008: Jan ............. 3,022 8,229 18,069 18,613 13,534 5,524 22,391 2,737 5,157 14,497

Feb ............. 3,025 8,211 18,018 18,657 13,529 5,533 22,421 2,746 5,153 14,522Mar ............ 3,023 8,204 17,954 18,698 13,528 5,537 22,441 2,751 5,152 14,538Apr ............. 3,017 8,190 17,950 18,752 13,512 5,541 22,451 2,758 5,159 14,534May ............ 3,013 8,179 17,887 18,798 13,495 5,542 22,488 2,763 5,167 14,558June ........... 3,006 8,162 17,824 18,843 13,490 5,535 22,522 2,765 5,175 14,582July ............ 2,995 8,154 17,788 18,888 13,473 5,536 22,537 2,776 5,184 14,577Aug ............. 2,990 8,141 17,727 18,950 13,454 5,530 22,556 2,768 5,204 14,584Sept ............ 2,986 8,115 17,675 18,957 13,428 5,532 22,535 2,771 5,192 14,572Oct .............. 2,982 8,088 17,612 18,981 13,395 5,535 22,539 2,775 5,194 14,570Nov ............. 2,965 8,043 17,488 19,044 13,344 5,509 22,543 2,783 5,197 14,563Dec ............. 2,940 8,010 17,356 19,080 13,304 5,477 22,532 2,778 5,196 14,558

2009: Jan ............. 2,924 7,954 17,205 19,119 13,268 5,461 22,540 2,793 5,192 14,555Feb ............. 2,918 7,898 17,029 19,138 13,236 5,449 22,547 2,796 5,192 14,559Mar ............ 2,905 7,857 16,910 19,158 13,202 5,426 22,543 2,808 5,186 14,549Apr ............. 2,884 7,811 16,783 19,175 13,168 5,420 22,616 2,876 5,189 14,551May ............ 2,858 7,784 16,756 19,215 13,195 5,416 22,605 2,860 5,189 14,556June ........... 2,845 7,751 16,655 19,248 13,176 5,420 22,533 2,817 5,174 14,542July ............ 2,834 7,737 16,624 19,262 13,177 5,415 22,475 2,826 5,149 14,500Aug ............. 2,829 7,714 16,618 19,312 13,163 5,405 22,487 2,825 5,172 14,490Sept ............ 2,828 7,703 16,642 19,348 13,176 5,395 22,448 2,827 5,173 14,448Oct .............. 2,826 7,697 16,675 19,384 13,134 5,381 22,484 2,844 5,179 14,461Nov p .......... 2,812 7,691 16,764 19,421 13,121 5,378 22,488 2,839 5,180 14,469Dec p .......... 2,806 7,695 16,814 19,456 13,096 5,374 22,467 2,830 5,177 14,460

Note (cont’d): sample of the working-age population; and which count persons only once—as employed, unemployed, or not in the labor force. In the datashown here, persons who work at more than one job are counted each time they appear on a payroll.

Establishment data for employment, hours, and earnings are classified based on the 2007 North American Industry Classification System (NAICS).For further description and details see Employment and Earnings.Source: Department of Labor (Bureau of Labor Statistics).

386 | Appendix B

Table B–47. Hours and earnings in private nonagricultural industries, 1962–2009 1

[Monthly data seasonally adjusted]

Year or month

Average weekly hours Average hourly earnings Average weekly earnings, total private

Totalprivate

Manufacturing Total private Manu-facturing(currentdollars)

Level Percent changefrom year earlier

Total Overtime Currentdollars

1982dollars 2

Currentdollars

1982dollars 2

Currentdollars

1982dollars 2

1962 ...................... ................... 40.5 2.8 ................... ................... $2.27 ................... ................... ................... .....................1963 ...................... ................... 40.6 2.8 ................... ................... 2.34 ................... ................... ................... .....................1964 ...................... 38.5 40.8 3.1 $2.53 $7.86 2.41 $97.41 $302.52 ................... .....................1965 ...................... 38.6 41.2 3.6 2.63 8.04 2.49 101.52 310.46 4.2 2.61966 ...................... 38.5 41.4 3.9 2.73 8.13 2.60 105.11 312.83 3.5 .81967 ...................... 37.9 40.6 3.3 2.85 8.21 2.71 108.02 311.30 2.8 –.51968 ...................... 37.7 40.7 3.5 3.02 8.37 2.89 113.85 315.37 5.4 1.31969 ...................... 37.5 40.6 3.6 3.22 8.45 3.07 120.75 316.93 6.1 .51970 ...................... 37.0 39.8 2.9 3.40 8.46 3.23 125.80 312.94 4.2 –1.31971 ...................... 36.8 39.9 2.9 3.63 8.64 3.45 133.58 318.05 6.2 1.61972 ...................... 36.9 40.6 3.4 3.90 8.99 3.70 143.91 331.59 7.7 4.31973 ...................... 36.9 40.7 3.8 4.14 8.98 3.97 152.77 331.39 6.2 –.11974 ...................... 36.4 40.0 3.2 4.43 8.65 4.31 161.25 314.94 5.6 –5.01975 ...................... 36.0 39.5 2.6 4.73 8.48 4.71 170.28 305.16 5.6 –3.11976 ...................... 36.1 40.1 3.1 5.06 8.58 5.09 182.67 309.61 7.3 1.51977 ...................... 35.9 40.3 3.4 5.44 8.66 5.55 195.30 310.99 6.9 .41978 ...................... 35.8 40.4 3.6 5.88 8.69 6.05 210.50 310.93 7.8 .01979 ...................... 35.6 40.2 3.3 6.34 8.41 6.57 225.70 299.34 7.2 –3.71980 ...................... 35.2 39.7 2.8 6.85 8.00 7.15 241.12 281.68 6.8 –5.91981 ...................... 35.2 39.8 2.8 7.44 7.89 7.86 261.89 277.72 8.6 –1.41982 ...................... 34.7 38.9 2.3 7.87 7.87 8.36 273.09 273.09 4.3 –1.71983 ...................... 34.9 40.1 2.9 8.20 7.96 8.70 286.18 277.84 4.8 1.71984 ...................... 35.1 40.7 3.4 8.49 7.96 9.05 298.00 279.55 4.1 .61985 ...................... 34.9 40.5 3.3 8.74 7.92 9.40 305.03 276.55 2.4 –1.11986 ...................... 34.7 40.7 3.4 8.93 7.97 9.59 309.87 276.42 1.6 .01987 ...................... 34.7 40.9 3.7 9.14 7.87 9.77 317.16 273.18 2.4 –1.21988 ...................... 34.6 41.0 3.8 9.44 7.82 10.05 326.62 270.60 3.0 –.91989 ...................... 34.5 40.9 3.8 9.80 7.75 10.35 338.10 267.27 3.5 –1.21990 ...................... 34.3 40.5 3.9 10.20 7.66 10.78 349.75 262.77 3.4 –1.71991 ...................... 34.1 40.4 3.8 10.52 7.59 11.13 358.51 258.67 2.5 –1.61992 ...................... 34.2 40.7 4.0 10.77 7.55 11.40 368.25 258.24 2.7 –.21993 ...................... 34.3 41.1 4.4 11.05 7.54 11.70 378.91 258.47 2.9 .11994 ...................... 34.5 41.7 5.0 11.34 7.54 12.04 391.22 260.29 3.2 .71995 ...................... 34.3 41.3 4.7 11.65 7.54 12.34 400.07 258.78 2.3 –.61996 ...................... 34.3 41.3 4.8 12.04 7.57 12.75 413.28 259.92 3.3 .41997 ...................... 34.5 41.7 5.1 12.51 7.69 13.14 431.86 265.60 4.5 2.21998 ...................... 34.5 41.4 4.9 13.01 7.89 13.45 448.56 272.18 3.9 2.51999 ...................... 34.3 41.4 4.9 13.49 8.01 13.85 463.15 275.03 3.3 1.02000 ...................... 34.3 41.3 4.7 14.02 8.04 14.32 481.01 275.97 3.9 .32001 ...................... 34.0 40.3 4.0 14.54 8.12 14.76 493.79 275.71 2.7 –.12002 ...................... 33.9 40.5 4.2 14.97 8.25 15.29 506.75 279.20 2.6 1.32003 ...................... 33.7 40.4 4.2 15.37 8.28 15.74 518.06 279.13 2.2 .02004 ...................... 33.7 40.8 4.6 15.69 8.24 16.14 529.09 277.88 2.1 –.42005 ...................... 33.8 40.7 4.6 16.13 8.18 16.56 544.33 276.17 2.9 –.62006 ...................... 33.9 41.1 4.4 16.76 8.24 16.81 567.87 279.19 4.3 1.12007 ...................... 33.9 41.2 4.2 17.43 8.33 17.26 590.04 281.97 3.9 1.02008 ...................... 33.6 40.8 3.7 18.08 8.30 17.74 607.99 279.14 3.0 –1.02009 p .................... 33.1 39.8 2.9 18.60 8.60 18.21 616.37 284.91 1.4 2.12008: Jan ............. 33.7 41.1 4.1 17.77 8.27 17.52 598.85 278.60 3.5 –1.2

Feb ............. 33.8 41.2 4.1 17.83 8.28 17.58 602.65 279.85 3.8 –.7Mar ............ 33.8 41.2 4.0 17.90 8.28 17.64 605.02 279.82 3.6 –.7Apr ............. 33.8 41.0 4.0 17.94 8.29 17.64 606.37 280.03 3.8 –.4May ............ 33.7 40.9 3.9 17.99 8.27 17.68 606.26 278.56 3.1 –1.1June ........... 33.6 40.9 3.8 18.04 8.20 17.73 606.14 275.59 2.6 –2.5July ............ 33.6 41.0 3.7 18.10 8.16 17.80 608.16 274.31 2.9 –2.9Aug ............. 33.7 40.8 3.7 18.18 8.20 17.78 612.67 276.47 3.5 –2.2Sept ............ 33.6 40.5 3.5 18.21 8.21 17.81 611.86 275.99 3.0 –2.3Oct .............. 33.5 40.4 3.5 18.28 8.33 17.89 612.38 279.11 2.9 –.9Nov ............. 33.4 40.2 3.2 18.34 8.54 17.94 612.56 285.23 2.6 2.0Dec ............. 33.3 39.9 2.9 18.40 8.65 17.96 612.72 288.12 2.4 3.1

2009: Jan ............. 33.3 39.8 2.9 18.43 8.64 17.99 613.72 287.60 2.5 3.2Feb ............. 33.3 39.5 2.7 18.46 8.61 18.07 614.72 286.80 2.0 2.5Mar ............ 33.1 39.4 2.6 18.50 8.64 18.10 612.35 286.10 1.2 2.2Apr ............. 33.1 39.6 2.7 18.50 8.65 18.11 612.35 286.16 1.0 2.2May ............ 33.1 39.4 2.8 18.53 8.65 18.11 613.34 286.25 1.2 2.8June ........... 33.0 39.5 2.8 18.54 8.57 18.13 611.82 282.94 .9 2.7July ............ 33.1 39.9 2.9 18.59 8.59 18.27 615.33 284.48 1.2 3.7Aug ............. 33.1 39.9 3.0 18.66 8.58 18.27 617.65 283.98 .8 2.7Sept ............ 33.1 40.0 3.0 18.68 8.57 18.36 618.31 283.77 1.1 2.8Oct .............. 33.0 40.1 3.2 18.74 8.57 18.35 618.42 282.88 1.0 1.4Nov p .......... 33.2 40.4 3.4 18.77 8.54 18.41 623.16 283.59 1.7 –.6Dec p .......... 33.2 40.4 3.4 18.80 8.54 18.40 624.16 283.58 1.9 –1.6

1 For production or nonsupervisory workers; total includes private industry groups shown in Table B–46.2 Current dollars divided by the consumer price index for urban wage earners and clerical workers on a 1982=100 base.Note: See Note, Table B–46.Source: Department of Labor (Bureau of Labor Statistics).

Population, Employment, Wages, and Productivity | 387

Table B–48. Employment cost index, private industry, 1995–2009

Year and month

Total private Goods-producing Service-providing 1 Manufacturing

Totalcompen-

sation

Wagesand

salariesBenefits 2

Totalcompen-

sation

Wagesand

salariesBenefits 2

Totalcompen-

sation

Wagesand

salariesBenefits 2

Totalcompen-

sation

Wagesand

salariesBenefits 2

Indexes on SIC basis, December 2005=100; not seasonally adjusted

December:1995 ................ 70.2 72.2 65.7 70.7 73.7 65.2 70.0 71.7 66.0 70.8 73.9 65.01996 ................ 72.4 74.7 67.0 72.7 76.0 66.4 72.3 74.2 67.3 72.9 76.3 66.51997 ................ 74.9 77.6 68.5 74.5 78.3 67.3 75.1 77.4 69.2 74.6 78.6 67.41998 ................ 77.5 80.6 70.2 76.5 81.1 68.1 78.0 80.5 71.4 76.6 81.3 67.91999 ................ 80.2 83.5 72.6 79.1 83.8 70.5 80.6 83.4 73.8 79.2 84.1 70.32000 ................ 83.6 86.7 76.7 82.6 87.1 74.3 84.2 86.6 78.1 82.3 87.1 73.62001 ................ 87.1 90.0 80.6 85.7 90.2 77.3 87.8 89.9 82.5 85.3 90.2 76.3

Indexes on NAICS basis, December 2005=100; not seasonally adjusted

2001 3 .............. 87.3 89.9 81.3 86.0 90.0 78.5 87.8 89.8 82.4 85.5 90.2 77.22002 ................ 90.0 92.2 84.7 89.0 92.6 82.3 90.4 92.1 85.8 88.7 92.8 81.32003 ................ 93.6 95.1 90.2 92.6 94.9 88.2 94.0 95.2 91.0 92.4 95.1 87.32004 ................ 97.2 97.6 96.2 96.9 97.2 96.3 97.3 97.7 96.1 96.9 97.4 96.02005 ................ 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.02006 ................ 103.2 103.2 103.1 102.5 102.9 101.7 103.4 103.3 103.7 101.8 102.3 100.82007 ................ 106.3 106.6 105.6 105.0 106.0 103.2 106.7 106.8 106.6 103.8 104.9 101.72008 ................ 108.9 109.4 107.7 107.5 109.0 104.7 109.4 109.6 108.9 105.9 107.7 102.52009 ................ 110.2 110.9 108.8 108.6 110.0 105.8 110.8 111.1 109.9 107.0 108.9 103.6

2009: Mar ............ 109.3 109.8 108.2 107.9 109.2 105.4 109.8 110.0 109.3 106.5 108.1 103.5June ........... 109.6 110.1 108.4 108.2 109.5 105.7 110.1 110.3 109.5 106.7 108.4 103.6Sept ............ 110.0 110.6 108.7 108.4 109.8 105.7 110.5 110.8 109.9 106.8 108.6 103.4Dec ............. 110.2 110.9 108.8 108.6 110.0 105.8 110.8 111.1 109.9 107.0 108.9 103.6

Indexes on NAICS basis, December 2005=100; seasonally adjusted

2008: Mar ............ 107.2 107.6 106.5 106.1 107.1 104.0 107.6 107.7 107.4 104.6 105.9 102.3June ........... 107.9 108.4 106.9 106.6 107.8 104.3 108.4 108.5 108.0 105.1 106.6 102.2Sept ............ 108.6 109.1 107.5 107.2 108.5 104.5 109.1 109.2 108.7 105.6 107.3 102.4Dec ............. 109.1 109.6 107.9 107.7 109.2 104.9 109.6 109.7 109.1 106.0 107.9 102.6

2009: Mar ............ 109.3 109.8 108.1 108.0 109.3 105.4 109.8 110.0 109.2 106.4 108.1 103.4June ........... 109.5 110.0 108.3 108.1 109.4 105.6 110.0 110.2 109.3 106.6 108.3 103.6Sept ............ 110.0 110.5 108.6 108.3 109.8 105.6 110.5 110.7 109.8 106.8 108.6 103.4Dec ............. 110.4 111.0 109.0 108.8 110.3 106.0 111.0 111.3 110.2 107.2 109.1 103.7

Percent change from 12 months earlier, not seasonally adjusted

December:SIC:

1995 ................ 2.5 2.8 2.2 2.5 2.8 1.7 2.8 3.0 2.5 2.6 2.9 1.71996 ................ 3.1 3.5 2.0 2.8 3.1 1.8 3.3 3.5 2.0 3.0 3.2 2.31997 ................ 3.5 3.9 2.2 2.5 3.0 1.4 3.9 4.3 2.8 2.3 3.0 1.41998 ................ 3.5 3.9 2.5 2.7 3.6 1.2 3.9 4.0 3.2 2.7 3.4 .71999 ................ 3.5 3.6 3.4 3.4 3.3 3.5 3.3 3.6 3.4 3.4 3.4 3.52000 ................ 4.2 3.8 5.6 4.4 3.9 5.4 4.5 3.8 5.8 3.9 3.6 4.72001 ................ 4.2 3.8 5.1 3.8 3.6 4.0 4.3 3.8 5.6 3.6 3.6 3.7

NAICS:2001 3 .............. 4.1 3.8 5.2 3.6 3.6 3.7 4.4 3.8 5.6 3.4 3.6 3.52002 ................ 3.1 2.6 4.2 3.5 2.9 4.8 3.0 2.6 4.1 3.7 2.9 5.32003 ................ 4.0 3.1 6.5 4.0 2.5 7.2 4.0 3.4 6.1 4.2 2.5 7.42004 ................ 3.8 2.6 6.7 4.6 2.4 9.2 3.5 2.6 5.6 4.9 2.4 10.02005 ................ 2.9 2.5 4.0 3.2 2.9 3.8 2.8 2.4 4.1 3.2 2.7 4.22006 ................ 3.2 3.2 3.1 2.5 2.9 1.7 3.4 3.3 3.7 1.8 2.3 .82007 ................ 3.0 3.3 2.4 2.4 3.0 1.5 3.2 3.4 2.8 2.0 2.5 .92008 ................ 2.4 2.6 2.0 2.4 2.8 1.5 2.5 2.6 2.2 2.0 2.7 .82009 ................ 1.2 1.4 1.0 1.0 .9 1.1 1.3 1.4 .9 1.0 1.1 1.1

2009: Mar ............ 1.9 2.0 1.6 1.7 2.0 1.3 1.9 2.1 1.6 1.7 2.1 1.2June ........... 1.5 1.6 1.3 1.3 1.4 1.2 1.5 1.6 1.3 1.5 1.6 1.4Sept ............ 1.2 1.4 1.1 1.1 1.1 1.1 1.3 1.4 1.1 1.1 1.1 1.1Dec ............. 1.2 1.4 1.0 1.0 .9 1.1 1.3 1.4 .9 1.0 1.1 1.1

Percent change from 3 months earlier, seasonally adjusted

2008: Mar ............ 0.7 0.8 0.6 0.9 0.8 0.6 0.7 0.7 0.5 0.7 0.8 0.6June ........... .7 .7 .4 .5 .7 .3 .7 .7 .6 .5 .7 –.1Sept ............ .6 .6 .6 .6 .6 .2 .6 .6 .6 .5 .7 .2Dec ............. .5 .5 .4 .5 .6 .4 .5 .5 .4 .4 .6 .2

2009: Mar ............ .2 .2 .2 .3 .1 .5 .2 .3 .1 .4 .2 .8June ........... .2 .2 .2 .1 .1 .2 .2 .2 .1 .2 .2 .2Sept ............ .5 .5 .3 .2 .4 .0 .5 .5 .5 .2 .3 –.2Dec ............. .4 .5 .4 .5 .5 .4 .5 .5 .4 .4 .5 .3

1 On Standard Industrial Classification (SIC) basis, data are for service-producing industries.2 Employer costs for employee benefits.3 Data on North American Industry Classification System (NAICS) basis available beginning with 2001; not strictly comparable with earlier data shown on

SIC basis.Note: Changes effective with the release of March 2006 data (in April 2006) include changing industry classification to NAICS from SIC and rebasing data to

December 2005=100. Historical SIC data are available through December 2005.Data exclude farm and household workers.Source: Department of Labor (Bureau of Labor Statistics).

388 | Appendix B

Table B–49. Productivity and related data, business and nonfarm business sectors, 1960–2009[Index numbers, 1992=100; quarterly data seasonally adjusted]

Year or quarter

Output per hourof all persons Output 1 Hours of all

persons 2Compensation

per hour 3Real

compensationper hour 4

Unit laborcosts

Implicit pricedeflator 5

Busi-ness

sector

Nonfarmbusiness

sector

Busi-ness

sector

Nonfarmbusiness

sector

Busi-ness

sector

Nonfarmbusiness

sector

Busi-ness

sector

Nonfarmbusiness

sector

Busi-ness

sector

Nonfarmbusiness

sector

Busi-ness

sector

Nonfarmbusiness

sector

Busi-ness

sector

Nonfarmbusiness

sector

1960 ................. 49.1 52.1 32.2 31.9 65.6 61.2 13.9 14.5 61.4 64.0 28.4 27.8 27.0 26.51961 ................. 50.8 53.7 32.8 32.5 64.6 60.6 14.5 15.0 63.2 65.5 28.5 27.9 27.2 26.71962 ................. 53.1 56.2 34.9 34.8 65.8 61.9 15.1 15.6 65.3 67.4 28.4 27.7 27.5 27.01963 ................. 55.2 58.1 36.5 36.4 66.2 62.6 15.6 16.1 66.8 68.8 28.3 27.7 27.7 27.21964 ................. 57.0 59.8 38.9 38.8 68.1 64.9 16.2 16.6 68.4 70.0 28.5 27.8 28.0 27.51965 ................. 59.1 61.7 41.6 41.6 70.4 67.4 16.8 17.2 69.8 71.2 28.5 27.8 28.4 27.91966 ................. 61.5 63.9 44.4 44.6 72.3 69.8 18.0 18.2 72.4 73.3 29.2 28.5 29.1 28.51967 ................. 62.8 65.0 45.3 45.3 72.1 69.7 19.0 19.3 74.3 75.3 30.2 29.6 29.9 29.41968 ................. 65.0 67.2 47.5 47.7 73.2 71.0 20.5 20.8 77.0 77.9 31.6 30.9 31.1 30.61969 ................. 65.3 67.3 49.0 49.2 75.0 73.0 22.0 22.2 78.1 78.9 33.6 32.9 32.5 32.01970 ................. 66.6 68.3 49.0 49.1 73.5 71.9 23.6 23.8 79.6 80.0 35.5 34.8 33.9 33.41971 ................. 69.3 71.1 50.8 51.0 73.3 71.7 25.1 25.3 81.0 81.5 36.2 35.6 35.4 34.81972 ................. 71.6 73.4 54.1 54.4 75.6 74.0 26.7 26.9 83.5 84.1 37.3 36.7 36.6 35.91973 ................. 73.7 75.7 57.9 58.3 78.5 77.0 29.0 29.1 85.2 85.6 39.3 38.4 38.5 37.21974 ................. 72.5 74.5 57.0 57.5 78.7 77.2 31.8 31.9 84.1 84.6 43.8 42.9 42.3 41.01975 ................. 75.1 76.6 56.5 56.6 75.3 73.9 35.0 35.2 85.0 85.4 46.6 45.9 46.4 45.41976 ................. 77.5 79.1 60.2 60.5 77.8 76.5 38.0 38.1 87.3 87.5 49.1 48.2 48.8 47.91977 ................. 78.8 80.4 63.6 63.9 80.7 79.5 41.1 41.2 88.5 88.9 52.1 51.3 51.8 51.01978 ................. 79.6 81.4 67.6 68.1 84.9 83.7 44.6 44.9 89.9 90.4 56.0 55.1 55.4 54.41979 ................. 79.6 81.1 69.8 70.2 87.7 86.6 48.9 49.1 89.9 90.2 61.4 60.5 60.1 59.01980 ................. 79.4 80.9 69.1 69.5 87.0 85.9 54.1 54.3 89.5 89.9 68.1 67.2 65.6 64.71981 ................. 81.1 82.0 71.0 71.0 87.6 86.6 59.2 59.6 89.5 90.0 73.1 72.7 71.6 70.91982 ................. 80.4 81.1 68.8 68.7 85.6 84.7 63.5 63.8 90.5 90.9 79.0 78.7 75.7 75.31983 ................. 83.3 84.7 72.5 73.1 87.1 86.3 66.1 66.5 90.3 90.9 79.4 78.5 78.3 77.71984 ................. 85.5 86.4 78.8 79.1 92.2 91.6 68.9 69.2 90.5 90.9 80.6 80.1 80.5 79.91985 ................. 87.5 87.8 82.5 82.5 94.3 94.0 72.1 72.3 91.6 91.8 82.5 82.3 82.4 82.21986 ................. 90.0 90.5 85.6 85.7 95.1 94.7 75.8 76.1 94.5 94.9 84.3 84.1 83.8 83.61987 ................. 90.3 90.8 88.4 88.6 97.9 97.6 78.6 78.8 94.8 95.1 87.1 86.8 85.8 85.61988 ................. 91.6 92.3 92.2 92.6 100.6 100.4 82.7 82.8 96.2 96.3 90.3 89.7 88.5 88.21989 ................. 92.6 93.0 95.6 95.9 103.3 103.1 84.9 84.9 94.7 94.7 91.7 91.3 91.8 91.41990 ................. 94.5 94.7 97.1 97.3 102.7 102.7 90.3 90.2 96.0 95.8 95.6 95.2 95.0 94.71991 ................. 96.0 96.2 96.2 96.4 100.2 100.2 95.0 94.9 97.4 97.3 98.9 98.7 98.1 98.11992 ................. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.01993 ................. 100.5 100.6 103.2 103.5 102.7 102.9 102.2 102.0 99.8 99.6 101.7 101.4 102.0 102.01994 ................. 101.4 101.6 108.3 108.3 106.8 106.6 103.8 103.8 99.2 99.2 102.3 102.2 103.7 103.81995 ................. 101.5 102.0 111.3 111.8 109.7 109.6 105.9 106.0 98.8 98.9 104.4 103.9 105.6 105.71996 ................. 104.4 104.6 116.4 116.7 111.5 111.5 109.5 109.5 99.5 99.5 104.9 104.6 107.3 107.11997 ................. 106.3 106.2 122.4 122.6 115.2 115.4 113.1 112.9 100.6 100.4 106.4 106.3 109.0 109.11998 ................. 109.4 109.4 128.6 128.9 117.5 117.9 120.0 119.7 105.3 105.0 109.6 109.4 109.7 110.01999 ................. 113.3 113.0 135.7 136.1 119.8 120.5 125.4 124.8 107.8 107.3 110.7 110.5 110.6 111.02000 ................. 117.2 116.8 141.9 142.2 121.0 121.7 134.6 134.1 111.9 111.5 114.8 114.8 112.6 113.22001 ................. 120.7 120.2 143.0 143.4 118.4 119.3 140.9 140.1 114.0 113.3 116.7 116.5 114.6 115.12002 ................. 126.2 125.7 145.8 146.2 115.6 116.3 145.3 144.5 115.6 115.0 115.1 115.0 115.5 116.12003 ................. 131.0 130.3 150.3 150.6 114.7 115.5 152.3 151.4 118.6 117.9 116.2 116.2 117.1 117.62004 ................. 134.9 134.0 156.5 156.8 116.1 117.0 157.6 156.6 119.5 118.7 116.9 116.8 120.2 120.42005 ................. 137.1 136.2 161.8 162.0 118.0 118.9 163.8 162.8 120.2 119.4 119.5 119.5 124.1 124.72006 ................. 138.5 137.5 166.8 167.1 120.4 121.5 170.1 169.0 120.8 120.0 122.8 122.9 127.7 128.52007 ................. 141.0 140.1 170.5 171.0 120.9 122.1 177.3 176.0 122.4 121.6 125.7 125.7 131.0 131.52008 ................. 143.6 142.6 170.5 170.7 118.7 119.7 182.1 181.0 121.1 120.4 126.8 126.9 133.0 133.52006: I ............. 138.5 137.5 166.0 166.4 119.8 121.0 168.4 167.1 120.8 119.9 121.6 121.5 126.4 127.1

II ............ 138.7 137.7 166.6 166.8 120.1 121.1 169.1 168.0 120.3 119.6 121.9 122.0 127.4 128.3III ........... 138.0 137.0 166.4 166.7 120.6 121.7 169.7 168.6 119.7 118.9 123.0 123.0 128.3 129.1IV ........... 138.7 137.8 168.1 168.4 121.2 122.2 173.3 172.3 122.5 121.8 124.9 125.0 128.7 129.3

2007: I ............. 139.0 138.2 168.4 168.8 121.2 122.1 175.2 174.2 122.7 122.1 126.0 126.0 130.0 130.5II ............ 140.2 139.2 169.8 170.3 121.2 122.4 176.5 175.1 122.4 121.4 125.9 125.8 130.9 131.4III ........... 142.1 141.1 171.4 172.0 120.6 121.9 177.8 176.3 122.6 121.5 125.1 125.0 131.4 131.7IV ........... 142.6 141.8 172.3 172.8 120.8 121.9 179.6 178.5 122.1 121.3 125.9 125.9 131.9 132.2

2008: I ............. 142.7 141.7 171.7 172.0 120.3 121.4 180.3 179.2 121.2 120.5 126.3 126.4 132.1 132.3II ............ 143.8 142.8 172.2 172.6 119.8 120.8 181.0 179.8 120.4 119.6 125.9 125.9 132.5 132.9III ........... 143.9 142.8 170.6 170.8 118.6 119.6 183.0 181.8 119.9 119.1 127.2 127.3 134.0 134.4IV ........... 144.2 143.1 167.4 167.5 116.1 117.0 184.2 183.1 123.3 122.6 127.7 128.0 133.6 134.3

2009: I ............. 144.3 143.2 163.6 163.7 113.4 114.3 182.0 180.9 122.6 121.9 126.1 126.3 134.3 135.2II ............ 146.7 145.6 163.2 163.2 111.3 112.1 184.9 183.9 124.1 123.5 126.1 126.3 134.2 135.1III ........... 149.7 148.5 164.5 164.4 109.9 110.7 187.6 186.4 124.8 124.0 125.3 125.5 134.3 135.3

1 Output refers to real gross domestic product in the sector.2 Hours at work of all persons engaged in sector, including hours of proprietors and unpaid family workers. Estimates based primarily on establishment data.3 Wages and salaries of employees plus employers’ contributions for social insurance and private benefit plans. Also includes an estimate of wages,

salaries, and supplemental payments for the self-employed.4 Hourly compensation divided by the consumer price index for all urban consumers for recent quarters. The trend from 1978–2008 is based on the consumer

price index research series (CPI-U-RS).5 Current dollar output divided by the output index.Source: Department of Labor (Bureau of Labor Statistics).

Population, Employment, Wages, and Productivity | 389

Table B–50. Changes in productivity and related data, business and nonfarm businesssectors, 1960–2009

[Percent change from preceding period; quarterly data at seasonally adjusted annual rates]

Year or quarter

Output per hourof all persons Output 1 Hours of all

persons 2Compensation

per hour 3Real

compensationper hour 4

Unit laborcosts

Implicit pricedeflator 5

Busi-ness

sector

Nonfarmbusiness

sector

Busi-ness

sector

Nonfarmbusiness

sector

Busi-ness

sector

Nonfarmbusiness

sector

Busi-ness

sector

Nonfarmbusiness

sector

Busi-ness

sector

Nonfarmbusiness

sector

Busi-ness

sector

Nonfarmbusiness

sector

Busi-ness

sector

Nonfarmbusiness

sector

1960 ................. 1.7 1.2 1.9 1.8 0.2 0.6 4.2 4.3 2.4 2.5 2.4 3.1 1.1 1.11961 ................. 3.5 3.1 1.9 2.0 –1.5 –1.1 3.9 3.3 2.8 2.3 .4 .2 .8 .81962 ................. 4.6 4.5 6.5 6.8 1.8 2.2 4.4 4.0 3.4 3.0 –.1 –.5 1.0 1.01963 ................. 3.9 3.5 4.6 4.7 .7 1.1 3.6 3.4 2.2 2.1 –.3 –.1 .5 .71964 ................. 3.4 2.9 6.3 6.7 2.9 3.7 3.8 3.1 2.4 1.8 .4 .2 1.1 1.31965 ................. 3.5 3.1 7.1 7.1 3.4 3.9 3.7 3.3 2.1 1.7 .2 .2 1.6 1.31966 ................. 4.1 3.6 6.8 7.1 2.6 3.5 6.7 5.9 3.8 3.0 2.6 2.3 2.5 2.31967 ................. 2.2 1.7 1.9 1.7 –.3 .0 5.7 5.8 2.5 2.7 3.4 4.0 2.7 3.21968 ................. 3.4 3.4 5.0 5.2 1.5 1.8 8.1 7.8 3.7 3.5 4.5 4.3 4.0 3.91969 ................. .5 .2 3.1 3.0 2.5 2.9 7.0 6.8 1.4 1.3 6.5 6.6 4.6 4.51970 ................. 2.0 1.5 .0 –.1 –2.0 –1.6 7.7 7.2 1.9 1.4 5.6 5.6 4.3 4.41971 ................. 4.1 4.0 3.8 3.8 –.3 –.2 6.3 6.4 1.8 1.9 2.1 2.3 4.2 4.31972 ................. 3.2 3.3 6.4 6.6 3.1 3.2 6.3 6.5 3.0 3.2 3.0 3.1 3.6 3.21973 ................. 3.1 3.1 7.0 7.3 3.8 4.1 8.4 8.1 2.1 1.8 5.2 4.9 5.2 3.51974 ................. –1.7 –1.6 –1.5 –1.5 .2 .1 9.6 9.8 –1.3 –1.2 11.5 11.6 9.7 10.31975 ................. 3.5 2.8 –.9 –1.6 –4.3 –4.3 10.2 10.1 1.0 .9 6.5 7.1 9.7 10.71976 ................. 3.2 3.3 6.6 7.0 3.3 3.6 8.6 8.4 2.7 2.5 5.3 4.9 5.3 5.51977 ................. 1.7 1.6 5.6 5.6 3.8 3.9 8.0 8.1 1.4 1.5 6.2 6.5 6.0 6.31978 ................. 1.1 1.3 6.3 6.6 5.1 5.2 8.7 8.8 1.5 1.7 7.5 7.4 7.1 6.71979 ................. –.1 –.4 3.3 3.2 3.4 3.6 9.6 9.4 .0 –.1 9.6 9.9 8.5 8.51980 ................. –.3 –.3 –1.1 –1.1 –.9 –.8 10.7 10.7 –.4 –.4 10.9 11.0 9.0 9.61981 ................. 2.1 1.4 2.8 2.1 .7 .7 9.5 9.7 .0 .1 7.3 8.1 9.2 9.61982 ................. –.8 –1.1 –3.0 –3.2 –2.3 –2.2 7.2 7.1 1.1 1.0 8.1 8.3 5.7 6.21983 ................. 3.6 4.4 5.4 6.4 1.8 1.9 4.1 4.2 –.1 –.1 .5 –.2 3.4 3.21984 ................. 2.7 2.0 8.7 8.2 5.8 6.1 4.2 4.1 .1 .0 1.5 2.0 2.9 2.91985 ................. 2.3 1.6 4.6 4.3 2.3 2.6 4.7 4.4 1.2 1.0 2.4 2.8 2.4 2.91986 ................. 2.9 3.1 3.7 3.9 .8 .8 5.1 5.2 3.3 3.4 2.2 2.1 1.6 1.71987 ................. .3 .3 3.3 3.3 3.0 3.0 3.6 3.6 .2 .2 3.3 3.3 2.4 2.41988 ................. 1.5 1.6 4.3 4.6 2.7 2.9 5.2 5.0 1.5 1.3 3.7 3.3 3.2 3.01989 ................. 1.0 .8 3.7 3.5 2.6 2.7 2.7 2.6 –1.6 –1.7 1.6 1.8 3.7 3.61990 ................. 2.1 1.8 1.5 1.4 –.6 –.4 6.4 6.2 1.4 1.1 4.2 4.3 3.6 3.71991 ................. 1.5 1.5 –.9 –.9 –2.4 –2.4 5.1 5.3 1.5 1.6 3.5 3.7 3.3 3.51992 ................. 4.2 4.0 3.9 3.8 –.2 –.2 5.3 5.4 2.7 2.8 1.1 1.3 1.9 2.01993 ................. .5 .6 3.2 3.5 2.7 2.9 2.2 2.0 –.2 –.5 1.7 1.4 2.0 2.01994 ................. .9 1.0 4.9 4.7 4.0 3.6 1.5 1.8 –.6 –.3 .6 .8 1.7 1.81995 ................. .0 .4 2.8 3.2 2.8 2.8 2.1 2.1 –.3 –.3 2.0 1.7 1.8 1.81996 ................. 2.9 2.6 4.6 4.4 1.6 1.8 3.4 3.3 .7 .6 .5 .7 1.6 1.41997 ................. 1.8 1.5 5.2 5.1 3.4 3.5 3.2 3.1 1.1 .9 1.5 1.6 1.6 1.91998 ................. 3.0 2.9 5.0 5.1 2.0 2.1 6.1 6.0 4.6 4.5 3.0 3.0 .7 .81999 ................. 3.5 3.3 5.6 5.6 2.0 2.2 4.5 4.3 2.4 2.2 .9 .9 .8 1.02000 ................. 3.5 3.4 4.5 4.4 1.0 1.0 7.4 7.4 3.9 4.0 3.7 3.9 1.8 1.92001 ................. 3.0 2.9 .8 .9 –2.1 –2.0 4.7 4.5 1.8 1.6 1.7 1.5 1.8 1.72002 ................. 4.5 4.6 2.0 1.9 –2.4 –2.5 3.1 3.2 1.5 1.5 –1.3 –1.3 .8 .92003 ................. 3.8 3.7 3.1 3.0 –.7 –.6 4.8 4.8 2.5 2.5 .9 1.1 1.4 1.32004 ................. 2.9 2.8 4.2 4.1 1.2 1.3 3.5 3.4 .8 .7 .6 .5 2.6 2.42005 ................. 1.7 1.7 3.4 3.4 1.6 1.7 4.0 4.0 .6 .6 2.2 2.3 3.2 3.52006 ................. 1.0 .9 3.1 3.1 2.1 2.2 3.8 3.8 .5 .5 2.8 2.8 2.9 3.02007 ................. 1.8 1.8 2.2 2.3 .4 .5 4.2 4.2 1.3 1.3 2.4 2.3 2.6 2.32008 ................. 1.9 1.8 .0 –.1 –1.9 –1.9 2.7 2.8 –1.1 –1.0 .8 1.0 1.5 1.52006: I ............. 2.8 2.8 6.5 6.8 3.6 3.9 5.8 5.5 3.7 3.5 2.9 2.6 2.0 2.2

II ............ .6 .6 1.4 1.0 .8 .4 1.6 2.1 –1.6 –1.1 1.0 1.5 3.2 3.6III ........... –2.2 –1.9 –.4 –.1 1.9 1.9 1.4 1.4 –2.3 –2.3 3.8 3.4 2.9 2.6IV ........... 2.1 2.4 4.0 4.2 1.9 1.8 8.8 9.1 9.9 10.2 6.5 6.5 1.3 .9

2007: I ............. .9 1.2 .8 .9 –.1 –.3 4.4 4.7 .6 .8 3.5 3.5 4.0 3.6II ............ 3.5 2.8 3.5 3.7 .0 .9 3.1 2.0 –1.1 –2.1 –.4 –.7 2.8 2.7III ........... 5.5 5.5 3.7 3.9 –1.7 –1.5 3.0 2.7 .6 .3 –2.4 –2.7 1.4 1.1IV ........... 1.6 2.0 2.1 1.8 .5 –.2 4.3 5.0 –1.4 –.7 2.6 3.0 1.6 1.4

2008: I ............. .2 –.1 –1.3 –1.7 –1.5 –1.6 1.5 1.7 –3.0 –2.8 1.3 1.7 .6 .5II ............ 3.1 3.1 1.1 1.3 –1.9 –1.7 1.6 1.3 –2.8 –3.0 –1.5 –1.8 1.4 1.6III ........... .3 –.1 –3.7 –4.0 –4.0 –3.9 4.5 4.5 –1.6 –1.6 4.2 4.6 4.3 4.6IV ........... .8 .8 –7.2 –7.6 –8.0 –8.3 2.6 2.9 12.0 12.3 1.8 2.0 –1.0 –.2

2009: I ............. .2 .3 –8.7 –8.8 –8.9 –9.0 –4.7 –4.7 –2.4 –2.4 –4.9 –5.0 2.1 2.7II ............ 6.8 6.9 –1.0 –1.1 –7.4 –7.5 6.7 6.9 5.3 5.5 –.2 .0 –.3 –.3III ........... 8.5 8.1 3.1 2.9 –5.0 –4.8 5.8 5.4 2.1 1.8 –2.4 –2.5 .2 .5

1 Output refers to real gross domestic product in the sector.2 Hours at work of all persons engaged in the sector. See footnote 2, Table B–49.3 Wages and salaries of employees plus employers’ contributions for social insurance and private benefit plans. Also includes an estimate of wages,

salaries, and supplemental payments for the self-employed.4 Hourly compensation divided by a consumer price index. See footnote 4, Table B–49.5 Current dollar output divided by the output index.Note: Percent changes are based on original data and may differ slightly from percent changes based on indexes in Table B–49.Source: Department of Labor (Bureau of Labor Statistics).

390 | Appendix B

Table B–51. Industrial production indexes, major industry divisions, 1962–2009[2002=100; monthly data seasonally adjusted]

Year or monthTotal

industrialproduction 1

ManufacturingMining Utilities

Total 1 Durable Nondurable Other(non-NAICS) 1

1962 ................................................... 28.4 25.8 ......................... ......................... ......................... ......................... ..........................1963 ................................................... 30.1 27.4 ......................... ......................... ......................... ......................... ..........................1964 ................................................... 32.1 29.3 ......................... ......................... ......................... ......................... ..........................1965 ................................................... 35.3 32.4 ......................... ......................... ......................... ......................... ..........................1966 ................................................... 38.4 35.4 ......................... ......................... ......................... ......................... ..........................1967 ................................................... 39.2 36.1 ......................... ......................... ......................... ......................... ..........................1968 ................................................... 41.4 38.1 ......................... ......................... ......................... ......................... ..........................1969 ................................................... 43.3 39.8 ......................... ......................... ......................... ......................... ..........................1970 ................................................... 41.9 38.0 ......................... ......................... ......................... ......................... ..........................1971 ................................................... 42.5 38.6 ......................... ......................... ......................... ......................... ..........................1972 ................................................... 46.6 42.6 31.4 60.9 68.3 107.8 50.31973 ................................................... 50.4 46.4 35.3 63.8 70.5 108.3 53.21974 ................................................... 50.2 46.3 35.1 64.1 71.0 106.8 53.01975 ................................................... 45.8 41.5 30.5 59.4 67.5 104.2 54.01976 ................................................... 49.4 45.2 33.4 64.9 69.6 105.0 56.41977 ................................................... 53.1 49.1 36.6 69.3 76.3 107.4 58.71978 ................................................... 56.0 52.1 39.5 71.8 78.9 110.8 60.21979 ................................................... 57.7 53.7 41.5 72.2 80.6 114.1 61.61980 ................................................... 56.3 51.8 39.7 70.0 83.4 116.2 62.01981 ................................................... 57.0 52.4 40.1 70.6 85.4 119.2 62.91982 ................................................... 54.1 49.5 36.7 69.6 86.4 113.3 60.91983 ................................................... 55.6 51.9 38.5 72.8 88.8 107.3 61.41984 ................................................... 60.5 57.0 44.0 76.2 92.8 114.3 65.01985 ................................................... 61.3 57.9 44.9 76.6 96.5 112.0 66.41986 ................................................... 61.9 59.2 45.7 78.8 98.4 103.9 67.01987 ................................................... 65.1 62.5 48.4 83.0 104.1 104.8 70.11988 ................................................... 68.4 65.9 52.0 85.8 103.6 107.5 74.11989 ................................................... 69.1 66.4 52.6 86.3 102.1 106.2 76.41990 ................................................... 69.7 67.0 52.8 87.7 100.9 107.8 77.91991 ................................................... 68.7 65.6 51.2 87.4 96.8 105.4 79.81992 ................................................... 70.6 68.0 53.8 89.6 94.8 103.1 79.71993 ................................................... 72.9 70.4 56.8 90.9 95.5 103.0 82.61994 ................................................... 76.8 74.5 61.6 94.0 94.7 105.4 84.21995 ................................................... 80.4 78.5 66.9 95.7 94.7 105.3 87.21996 ................................................... 84.0 82.2 72.8 96.0 93.8 107.1 89.71997 ................................................... 90.1 89.2 81.6 99.5 101.7 108.9 89.71998 ................................................... 95.4 95.1 90.2 101.0 107.8 107.2 92.01999 ................................................... 99.5 99.9 97.8 101.7 110.9 101.6 94.72000 ................................................... 103.7 104.4 105.2 102.2 112.6 104.2 97.42001 ................................................... 100.1 100.1 100.4 98.9 105.7 104.8 97.02002 ................................................... 100.0 100.0 100.0 100.0 100.0 100.0 100.02003 ................................................... 101.3 101.3 102.7 100.1 97.1 100.2 101.92004 ................................................... 103.8 104.3 107.0 102.0 97.9 99.6 103.32005 ................................................... 107.2 108.5 112.8 104.8 97.6 98.3 105.42006 ................................................... 109.7 111.2 117.8 105.7 96.6 101.5 104.82007 ................................................... 111.3 112.7 120.2 106.7 95.3 102.1 108.32008 ................................................... 108.8 109.1 116.3 103.6 89.9 104.2 108.62009 p ................................................. 98.2 96.7 96.7 98.0 75.5 97.9 106.62008: Jan .......................................... 112.3 113.4 121.9 106.6 93.9 104.2 110.9

Feb .......................................... 112.0 112.8 121.2 106.2 93.5 105.0 111.4Mar ......................................... 111.6 112.7 121.0 106.1 93.6 104.7 108.8Apr .......................................... 111.0 111.7 119.3 105.8 91.8 104.9 109.7May ......................................... 110.7 111.5 118.9 105.9 90.8 104.9 108.2June ........................................ 110.4 111.0 119.0 104.9 90.8 104.8 109.4July ......................................... 110.4 110.8 119.0 104.5 89.3 106.9 107.9Aug .......................................... 109.2 109.7 117.2 104.1 88.9 106.4 104.3Sept ......................................... 104.8 105.7 113.7 99.3 88.1 96.4 105.7Oct ........................................... 106.2 106.0 110.8 102.7 86.9 103.5 107.1Nov .......................................... 104.8 103.6 108.2 100.3 86.4 105.4 109.1Dec .......................................... 102.4 100.6 105.3 97.0 84.6 103.4 111.3

2009: Jan .......................................... 100.1 97.8 99.9 96.7 81.4 102.8 111.5Feb .......................................... 99.3 97.7 98.7 97.7 80.4 101.3 106.4Mar ......................................... 97.7 96.1 96.4 96.9 76.1 98.7 106.1Apr .......................................... 97.2 95.7 95.7 97.0 75.1 96.1 106.4May ......................................... 96.2 94.8 93.7 97.1 74.4 95.1 104.3June ........................................ 95.8 94.4 92.9 97.2 74.4 93.7 103.8July ......................................... 96.9 95.9 96.3 97.1 73.6 95.1 102.8Aug p ....................................... 98.3 97.3 97.5 98.6 74.5 97.0 103.4Sept p ...................................... 98.9 98.0 98.5 99.0 75.0 96.8 104.1Oct p ........................................ 99.1 97.8 98.1 99.2 73.5 96.8 106.8Nov p ....................................... 99.7 98.7 98.8 100.3 74.7 98.6 104.2Dec p ....................................... 100.3 98.7 98.9 100.2 73.4 98.8 110.4

1 Total industry and total manufacturing series include manufacturing as defined in the North American Industry Classification System (NAICS) plus thoseindustries—logging and newspaper, periodical, book, and directory publishing—that have traditionally been considered to be manufacturing and included inthe industrial sector.

Note: Data based on NAICS; see footnote 1.Source: Board of Governors of the Federal Reserve System.

Production and Business Activity

Production and Business Activity | 391

Table B–52. Industrial production indexes, market groupings, 1962–2009[2002=100; monthly data seasonally adjusted]

Year or month

Totalindus-trialpro-duc-tion

Final products Nonindustrial supplies Materials

Total

Consumer goods Equipment

TotalCon-struc-tion

Busi-ness Total Non-

energy EnergyTotal

Auto-motiveprod-ucts

Otherdur-able

goods

Non-dur-able

goodsTotal 1 Busi-

ness

De-fenseand

space

1962 ...................... 28.4 27.5 34.8 24.2 22.1 41.3 18.6 12.8 57.1 28.9 39.3 24.5 28.3 ........... 54.31963 ...................... 30.1 29.1 36.7 26.5 23.8 43.2 19.7 13.5 61.5 30.5 41.1 26.1 30.1 ........... 57.51964 ...................... 32.1 30.7 38.8 27.8 26.0 45.3 20.8 15.1 59.6 32.5 43.6 28.0 32.5 ........... 59.81965 ...................... 35.3 33.7 41.8 34.2 29.5 47.2 23.5 17.3 65.9 34.6 46.3 29.8 36.2 ........... 62.61966 ...................... 38.4 36.9 44.0 34.1 32.5 49.5 27.4 20.0 77.5 36.7 48.2 32.1 39.5 ........... 66.51967 ...................... 39.2 38.4 45.0 29.9 32.9 52.0 29.1 20.4 88.4 38.2 49.5 33.8 39.1 32.3 68.81968 ...................... 41.4 40.3 47.7 35.7 35.2 54.1 30.0 21.3 88.6 40.4 52.1 35.9 41.7 34.6 72.01969 ...................... 43.3 41.6 49.5 35.8 37.5 55.9 30.8 22.7 84.3 42.6 54.3 38.2 44.1 36.8 75.61970 ...................... 41.9 40.1 49.0 30.2 36.4 56.9 28.6 21.8 71.4 41.9 52.4 38.3 42.6 34.6 79.41971 ...................... 42.5 40.4 51.8 38.4 38.5 58.5 26.8 20.8 64.2 43.2 54.1 39.5 43.2 35.3 80.11972 ...................... 46.6 43.9 56.0 41.4 44.1 62.2 29.3 23.6 62.4 48.2 61.4 43.5 47.6 39.5 83.11973 ...................... 50.4 47.3 58.5 45.0 47.1 64.1 33.4 27.4 68.4 51.6 66.6 46.2 51.9 43.8 85.21974 ...................... 50.2 47.2 56.8 38.9 44.3 64.2 35.1 29.0 70.6 51.1 65.0 46.1 51.8 43.7 84.81975 ...................... 45.8 44.6 54.5 37.5 38.8 63.1 32.1 25.9 71.2 45.9 55.1 42.5 46.1 37.5 84.01976 ...................... 49.4 47.7 59.0 42.7 43.6 67.0 33.7 27.6 69.1 49.0 59.3 45.3 50.1 41.8 85.91977 ...................... 53.1 51.6 62.7 48.3 48.7 69.4 37.7 31.9 61.9 53.2 64.6 49.1 53.6 45.2 88.61978 ...................... 56.0 54.7 64.6 48.0 50.9 71.9 41.9 36.0 63.0 56.2 68.3 51.7 56.3 48.2 89.71979 ...................... 57.7 56.6 63.7 43.2 51.2 71.5 46.8 40.5 67.5 57.9 70.0 53.5 57.8 49.5 92.11980 ...................... 56.3 56.3 61.3 33.3 47.5 71.6 49.1 41.5 80.2 55.6 64.8 52.3 55.7 46.6 92.81981 ...................... 57.0 57.7 61.7 34.3 47.9 71.9 51.4 42.8 86.9 56.2 63.7 53.5 56.0 46.7 93.71982 ...................... 54.1 56.4 61.5 33.3 44.4 73.1 48.9 39.1 103.9 54.2 57.8 52.9 51.7 42.1 89.71983 ...................... 55.6 57.5 63.8 38.7 48.1 73.9 48.6 39.3 104.6 57.1 61.9 55.4 53.0 45.0 86.91984 ...................... 60.5 62.3 66.7 43.2 53.7 75.4 55.5 45.2 119.8 62.1 67.3 60.2 58.1 50.1 92.41985 ...................... 61.3 63.8 67.3 43.2 53.7 76.4 58.3 46.9 134.0 63.7 69.0 61.8 58.0 50.2 91.91986 ...................... 61.9 64.8 69.7 46.4 56.9 78.2 57.4 46.1 142.4 65.8 71.3 63.8 57.9 51.1 88.21987 ...................... 65.1 67.8 72.6 49.5 59.9 81.0 60.6 49.3 145.4 69.8 75.9 67.6 61.0 54.5 90.31988 ...................... 68.4 71.5 75.4 52.1 63.1 83.6 65.5 54.4 146.9 72.1 77.7 70.1 64.4 58.0 93.41989 ...................... 69.1 72.3 75.7 54.2 63.8 83.4 67.1 56.3 147.1 72.8 77.4 71.1 64.9 58.4 94.31990 ...................... 69.7 73.1 76.0 50.8 63.7 84.8 68.6 58.4 142.0 73.9 76.8 72.8 65.3 58.5 96.21991 ...................... 68.7 72.2 75.9 47.4 61.9 86.0 66.3 57.4 131.5 72.1 72.6 71.8 64.3 57.2 96.31992 ...................... 70.6 73.9 78.2 55.5 64.7 86.6 67.0 59.6 122.0 74.1 75.7 73.5 66.4 60.0 95.41993 ...................... 72.9 76.2 80.7 61.3 69.2 87.8 69.1 62.3 115.3 76.7 79.0 75.8 68.6 62.7 95.71994 ...................... 76.8 79.4 84.3 68.7 74.9 90.0 71.7 66.0 108.3 80.3 84.7 78.8 73.1 67.7 97.21995 ...................... 80.4 82.8 86.9 70.8 79.4 92.2 76.4 71.7 105.2 83.3 86.7 82.1 77.2 72.4 98.71996 ...................... 84.0 85.9 88.6 73.0 83.1 93.4 82.2 78.5 102.0 86.7 90.5 85.2 81.2 76.9 100.21997 ...................... 90.1 91.6 91.8 78.5 88.5 95.6 92.5 90.3 100.7 92.3 95.0 91.3 87.8 85.0 100.01998 ...................... 95.4 96.9 95.2 83.7 95.5 97.6 101.8 100.5 105.1 97.5 100.1 96.5 93.1 91.4 100.41999 ...................... 99.5 99.6 97.1 91.7 100.5 97.6 106.0 106.4 102.2 101.2 102.7 100.6 98.7 98.5 99.92000 ...................... 103.7 102.8 99.1 93.7 104.5 99.2 111.9 114.7 91.3 105.2 105.0 105.2 104.0 104.8 101.52001 ...................... 100.1 100.8 98.1 90.8 98.8 99.4 107.7 108.0 100.0 100.7 100.1 101.0 99.1 98.7 100.32002 ...................... 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.02003 ...................... 101.3 101.3 101.4 105.6 101.0 100.6 101.0 100.0 106.7 101.1 99.7 101.7 101.3 101.8 100.02004 ...................... 103.8 103.4 102.7 105.2 104.4 101.8 105.5 105.3 104.7 103.3 102.0 103.8 104.5 106.4 99.62005 ...................... 107.2 107.6 105.4 103.0 107.7 105.3 113.5 112.6 115.8 107.1 106.6 107.3 107.0 110.7 98.42006 ...................... 109.7 110.3 105.8 99.5 109.0 106.2 122.5 123.2 113.4 108.7 109.0 108.5 109.5 113.7 100.02007 ...................... 111.3 111.9 106.8 101.5 107.9 107.4 125.8 126.4 117.6 108.9 106.9 109.9 111.7 116.0 101.82008 ...................... 108.8 109.7 104.0 87.7 100.9 106.9 125.4 125.0 120.6 104.6 100.1 106.7 109.6 111.8 103.62009 p .................... 98.2 101.6 98.8 71.1 85.1 104.9 109.1 108.9 120.9 91.5 82.2 95.9 97.6 94.5 100.92008: Jan ............. 112.3 112.9 106.9 99.4 105.9 108.2 129.4 130.2 122.3 108.5 105.0 110.2 113.2 117.1 104.2

Feb ............. 112.0 112.5 106.7 98.6 104.5 108.2 128.7 129.8 120.5 108.0 104.0 109.9 113.1 116.5 104.9Mar ............ 111.6 111.9 105.6 92.8 104.5 107.6 129.7 130.8 120.7 107.5 103.3 109.4 112.9 116.3 104.6Apr ............. 111.0 111.1 105.0 87.6 104.2 107.7 128.0 128.4 120.8 106.9 102.1 109.1 112.4 115.6 104.6May ............ 110.7 110.8 104.7 87.9 103.8 107.3 128.0 128.4 120.2 106.3 102.2 108.3 112.1 115.1 104.6June ........... 110.4 110.9 104.8 90.9 103.2 107.1 128.1 128.2 121.9 105.7 101.7 107.6 111.7 114.8 104.0July ............ 110.4 110.6 104.5 92.4 103.0 106.6 127.4 127.4 120.2 105.7 102.4 107.3 111.9 114.4 105.2Aug ............. 109.2 109.0 102.7 83.1 101.0 105.9 126.6 126.2 120.8 104.9 101.2 106.6 110.9 113.5 104.0Sept ............ 104.8 106.3 101.4 84.2 98.7 104.3 119.9 117.7 118.9 102.6 99.1 104.3 104.3 107.8 96.2Oct .............. 106.2 107.0 103.0 81.5 97.2 107.0 117.6 114.8 120.4 102.2 97.8 104.3 106.9 108.2 102.3Nov ............. 104.8 106.7 102.0 79.0 93.7 106.7 119.5 117.6 120.0 99.8 93.6 102.8 104.7 103.7 104.3Dec ............. 102.4 106.1 100.6 74.5 90.5 106.0 121.6 120.8 119.9 96.5 89.1 100.1 101.0 98.0 104.2

2009: Jan ............. 100.1 103.4 98.6 58.7 90.0 105.9 116.7 115.7 120.5 94.7 85.8 98.9 99.0 95.4 103.6Feb ............. 99.3 102.7 98.7 64.2 87.7 105.5 113.6 113.6 118.4 93.2 84.6 97.3 98.5 95.3 102.2Mar ............ 97.7 101.6 98.3 66.2 85.6 105.0 110.3 110.6 119.2 91.4 82.7 95.6 96.5 92.7 101.3Apr ............. 97.2 100.7 97.9 66.4 85.7 104.4 108.2 108.5 119.0 91.1 82.0 95.5 96.2 92.9 100.1May ............ 96.2 99.5 96.9 63.5 84.3 103.8 106.2 106.2 119.7 90.5 82.1 94.5 95.2 92.0 99.0June ........... 95.8 98.9 96.3 61.3 83.7 103.5 105.7 105.8 119.8 90.5 82.1 94.6 94.7 91.7 98.0July ............ 96.9 100.1 97.3 72.6 84.8 102.8 107.3 107.3 122.0 90.7 82.5 94.7 96.4 93.9 98.2Aug p .......... 98.3 101.5 98.7 76.8 83.8 104.2 108.7 108.8 123.4 91.1 82.8 95.0 97.9 95.4 99.8Sept p ......... 98.9 102.3 99.7 81.7 84.3 104.7 108.9 108.4 125.4 90.9 81.8 95.3 98.7 96.2 100.6Oct p ........... 99.1 102.8 100.3 80.0 84.4 105.7 109.3 109.0 124.5 90.7 80.5 95.6 98.8 96.1 101.0Nov p .......... 99.7 102.7 100.3 81.9 85.5 105.2 108.8 108.2 123.0 91.5 81.7 96.2 100.0 97.8 101.0Dec p .......... 100.3 103.4 100.9 81.5 84.4 106.2 109.8 109.2 122.6 91.6 80.1 97.2 100.8 98.2 102.8

1 Includes other items not shown separately.Note: See footnote 1 and Note, Table B–51.Source: Board of Governors of the Federal Reserve System.

392 | Appendix B

Table B–53. Industrial production indexes, selected manufacturing industries, 1967–2009[2002=100; monthly data seasonally adjusted]

Year or month

Durable manufacturing Nondurable manufacturing

Primarymetal Fabri-

catedmetalprod-ucts

Ma-chinery

Computer andelectronicproducts

Transportationequipment

Apparel PaperPrinting

andsup-port

Chem-ical

Plasticsand

rubberprod-ucts

Food

Total

Ironand

steelprod-ucts

Total

Se-lectedhigh-tech-

nology 1

Total

Motorvehi-clesand

parts

1967 ...................... ............. ............. ............. ............. ............. 0.3 ............. ............. ............. ............. ............. ............. ............. ..............1968 ...................... ............. ............. ............. ............. ............. .3 ............. ............. ............. ............. ............. ............. ............. ..............1969 ...................... ............. ............. ............. ............. ............. .3 ............. ............. ............. ............. ............. ............. ............. ..............1970 ...................... ............. ............. ............. ............. ............. .3 ............. ............. ............. ............. ............. ............. ............. ..............1971 ...................... ............. ............. ............. ............. ............. .3 ............. ............. ............. ............. ............. ............. ............. ..............1972 ...................... 122.0 129.1 69.1 68.0 1.4 .3 53.1 44.3 169.9 66.3 51.6 47.8 34.9 58.71973 ...................... 142.0 154.8 76.3 78.5 1.7 .4 60.7 50.7 175.1 71.6 54.2 52.3 39.2 58.81974 ...................... 145.6 165.4 75.0 82.4 1.9 .5 55.9 43.5 163.0 74.7 52.6 54.4 38.2 59.41975 ...................... 113.0 122.7 64.8 71.8 1.7 .5 50.7 38.0 159.5 64.6 49.1 47.8 32.7 58.31976 ...................... 120.0 127.3 69.4 74.9 2.0 .6 56.8 48.5 168.5 71.4 52.7 53.5 36.2 63.01977 ...................... 121.2 124.4 75.3 81.8 2.6 .8 61.7 55.1 179.1 74.5 57.1 58.2 42.6 64.11978 ...................... 129.0 133.6 79.0 88.1 3.1 1.0 65.7 57.4 184.3 77.9 60.4 61.1 44.1 66.11979 ...................... 132.1 138.3 82.5 93.0 3.9 1.3 66.3 52.6 174.6 79.0 62.2 62.5 43.4 65.41980 ...................... 116.1 117.3 77.8 88.5 4.7 1.6 58.8 38.8 177.2 78.8 62.7 59.1 38.6 66.61981 ...................... 116.2 121.6 77.3 87.6 5.4 1.9 56.6 37.8 176.2 79.9 64.3 60.1 40.9 67.51982 ...................... 82.2 74.7 69.2 73.3 6.1 2.2 52.1 34.1 178.5 78.6 69.1 56.2 40.2 70.11983 ...................... 84.2 75.4 69.8 66.1 7.1 2.6 57.5 43.5 183.7 83.7 74.3 60.1 43.7 70.91984 ...................... 92.3 83.0 75.9 77.2 8.7 3.4 65.3 52.2 186.3 87.9 80.9 63.6 50.5 72.31985 ...................... 85.2 77.1 77.0 77.4 9.3 3.6 68.7 54.2 179.0 86.2 84.2 63.1 52.5 74.91986 ...................... 83.2 75.2 76.5 76.2 9.6 3.7 70.3 54.1 181.1 89.8 88.4 65.9 54.7 76.11987 ...................... 89.7 85.7 77.9 77.8 11.0 4.5 72.9 56.1 182.3 92.7 94.9 71.0 60.6 77.71988 ...................... 100.2 99.7 81.9 85.7 12.3 5.4 77.4 59.9 179.1 96.4 98.0 75.1 63.2 79.71989 ...................... 97.9 96.2 81.3 88.8 12.7 5.7 78.9 59.3 170.2 97.4 98.4 76.5 65.4 79.91990 ...................... 96.7 95.1 80.3 86.7 13.8 6.4 76.5 55.8 166.8 97.4 102.1 78.3 67.2 82.31991 ...................... 90.8 86.9 76.6 81.4 14.3 6.9 73.4 53.3 167.7 97.6 98.9 78.0 66.5 83.81992 ...................... 93.0 90.9 79.0 81.1 16.1 8.2 76.1 60.7 170.9 100.0 104.3 79.2 71.6 85.41993 ...................... 97.5 96.4 82.0 87.2 17.7 9.6 78.3 67.0 174.9 101.1 104.6 80.1 76.7 87.61994 ...................... 104.9 103.9 89.1 95.5 20.7 12.1 82.0 77.0 178.4 105.5 105.7 82.2 83.0 88.21995 ...................... 106.0 105.6 94.6 102.2 26.7 16.9 82.1 79.3 178.6 107.0 107.3 83.5 85.1 90.41996 ...................... 108.6 108.1 98.0 105.8 34.5 24.1 83.6 79.9 173.6 103.7 108.0 85.3 87.9 88.61997 ...................... 113.3 111.4 102.5 111.6 46.1 35.3 91.1 86.1 171.6 105.9 110.2 90.3 93.4 91.01998 ...................... 115.3 111.2 105.8 114.5 59.2 49.1 99.2 90.6 162.5 106.7 111.5 91.8 96.7 95.01999 ...................... 115.1 111.9 106.4 112.0 77.2 70.0 104.6 100.5 155.6 107.6 112.4 93.6 101.9 96.02000 ...................... 111.4 110.8 110.7 117.7 101.4 98.3 99.7 99.9 148.0 105.3 113.1 95.0 102.9 97.72001 ...................... 99.5 96.8 102.6 104.2 103.3 101.3 96.2 91.4 126.9 99.3 106.3 93.4 96.9 97.72002 ...................... 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.02003 ...................... 99.1 101.2 98.7 99.7 114.3 120.5 101.0 103.5 92.8 96.8 96.2 101.3 100.3 101.02004 ...................... 110.0 118.2 98.9 103.7 129.9 137.9 100.7 103.7 79.8 97.6 96.9 105.6 101.5 101.12005 ...................... 108.0 110.1 103.4 110.2 144.5 158.8 104.5 103.9 76.9 97.5 99.2 109.3 102.3 104.22006 ...................... 112.6 119.3 109.0 115.5 163.8 189.1 104.2 100.2 75.3 97.6 99.8 112.7 102.9 105.42007 ...................... 110.0 115.8 112.1 116.4 176.7 213.7 106.1 97.4 76.5 95.9 100.6 114.1 104.7 109.52008 ...................... 102.4 105.2 110.1 109.4 192.9 238.0 96.1 83.3 72.6 92.1 93.9 108.8 99.1 111.12009 p .................... 67.3 59.9 89.4 85.7 172.9 204.1 79.6 59.9 62.3 82.1 80.2 104.2 84.2 110.72008: Jan ............. 113.2 121.8 113.6 114.9 191.0 237.5 106.4 94.6 75.9 95.5 98.6 114.0 103.5 111.3

Feb ............. 111.9 123.4 113.5 113.6 194.0 242.2 105.2 94.2 75.3 94.0 97.1 113.2 102.9 111.4Mar ............ 110.6 119.6 113.6 114.8 197.5 248.1 101.6 88.7 74.0 94.8 98.0 112.6 101.9 112.4Apr ............. 109.7 118.0 112.6 111.2 199.2 251.2 98.2 83.9 73.1 94.1 96.9 112.2 100.9 112.2May ............ 107.8 114.5 112.1 110.9 199.4 250.3 97.9 83.9 71.5 96.2 96.4 112.1 100.8 111.5June ........... 107.9 114.3 110.5 110.6 199.0 248.4 100.1 86.4 72.5 94.3 93.4 111.0 101.2 111.2July ............ 110.1 118.9 109.8 109.2 198.0 246.6 100.9 88.7 73.7 94.0 91.9 110.6 101.5 110.5Aug ............. 108.6 116.9 110.2 110.2 196.6 243.6 94.6 79.2 74.2 94.2 93.0 109.7 99.4 110.7Sept ............ 102.0 104.9 109.2 107.3 194.2 240.0 88.2 79.9 72.8 91.3 92.3 101.0 97.7 110.4Oct .............. 93.2 88.5 107.3 106.1 188.4 228.4 85.1 76.9 71.4 89.7 91.9 106.7 96.0 111.8Nov ............. 81.4 68.3 106.0 104.0 180.7 214.3 86.5 74.2 69.6 85.9 90.6 103.2 93.7 111.7Dec ............. 71.9 53.3 102.4 99.7 176.2 204.9 88.3 69.2 67.7 81.3 87.4 98.7 89.4 108.6

2009: Jan ............. 67.3 48.4 98.2 96.2 174.9 204.2 75.3 51.2 65.5 80.1 85.3 99.8 88.2 108.3Feb ............. 64.5 49.0 95.6 94.0 171.6 199.5 77.7 55.8 64.5 82.9 82.7 101.6 86.0 109.5Mar ............ 60.7 44.8 91.3 88.7 171.4 200.4 78.0 56.7 64.7 78.9 81.6 101.3 83.4 109.0Apr ............. 60.3 43.5 89.4 86.6 172.5 203.6 77.3 56.6 63.1 78.2 80.1 102.7 82.9 109.8May ............ 59.2 45.9 87.5 83.9 170.3 199.0 74.0 52.4 63.6 80.9 79.6 102.4 82.2 110.9June ........... 61.1 53.0 87.2 82.0 169.6 199.7 72.3 49.5 59.5 82.5 80.2 103.1 82.2 110.3July ............ 68.0 64.3 87.2 82.6 173.3 205.5 80.4 61.1 60.9 82.6 79.9 103.8 83.2 109.2Aug p .......... 71.7 69.9 87.6 84.2 174.2 205.8 82.3 63.6 61.3 84.4 80.2 105.1 83.6 111.8Sept p ......... 73.4 73.7 88.2 83.1 173.8 204.4 86.2 69.0 61.4 83.7 79.4 106.5 84.2 111.7Oct p ........... 74.3 78.6 88.0 85.0 174.1 206.2 84.6 67.3 60.9 81.7 79.2 106.5 85.3 113.0Nov p .......... 77.8 80.0 87.9 83.5 173.9 206.4 85.0 68.3 61.6 85.8 79.0 108.3 86.2 112.9Dec p .......... 78.1 80.8 88.7 85.4 176.7 211.4 85.1 68.3 61.9 84.0 78.5 109.7 86.6 112.0

1 Computers and peripheral equipment, communications equipment, and semiconductors and related electronic components.Note: See footnote 1 and Note, Table B–51.Source: Board of Governors of the Federal Reserve System.

Production and Business Activity | 393

Table B–54. Capacity utilization rates, 1962–2009[Percent 1; monthly data seasonally adjusted]

Year or month Totalindustry 2

Manufacturing

Mining Utilities

Stage-of-process

Total 2 Durablegoods

Nondurablegoods

Other(non-NAICS) 2 Crude

Primaryand

semi-finished

Finished

1962 ...................... ................... 81.4 ................... ................... ....................... .................. .................. .................. 81.5 81.61963 ...................... ................... 83.5 ................... ................... ....................... .................. .................. .................. 83.8 83.41964 ...................... ................... 85.6 ................... ................... ....................... .................. .................. .................. 87.8 84.61965 ...................... ................... 89.5 ................... ................... ....................... .................. .................. .................. 91.0 88.81966 ...................... ................... 91.1 ................... ................... ....................... .................. .................. .................. 91.4 91.11967 ...................... 87.0 87.2 87.5 86.3 ....................... 81.2 94.5 81.1 85.0 88.21968 ...................... 87.4 87.1 87.3 86.5 ....................... 83.6 95.1 83.4 86.8 87.11969 ...................... 87.4 86.7 87.1 86.2 ....................... 86.7 96.8 85.6 88.1 85.61970 ...................... 81.3 79.5 77.7 82.2 ....................... 89.1 96.3 85.1 81.5 78.21971 ...................... 79.7 78.0 75.5 81.9 ....................... 87.8 94.7 84.3 81.7 75.71972 ...................... 84.7 83.4 82.1 85.3 85.8 90.7 95.3 88.5 88.2 79.71973 ...................... 88.3 87.6 88.5 86.6 84.7 91.6 93.3 90.4 92.1 83.11974 ...................... 85.1 84.4 84.6 84.2 82.8 90.9 86.9 91.1 87.4 80.11975 ...................... 75.7 73.5 71.6 76.0 77.2 89.0 85.1 83.9 75.1 73.51976 ...................... 79.7 78.2 76.3 81.0 77.5 89.4 85.5 86.9 80.0 76.71977 ...................... 83.4 82.4 81.2 84.2 83.3 89.5 86.6 88.9 84.5 79.91978 ...................... 85.0 84.3 83.8 84.9 85.0 89.6 86.9 88.4 86.2 82.11979 ...................... 85.0 84.0 84.1 83.6 85.7 91.1 87.0 89.3 86.0 81.81980 ...................... 80.7 78.7 77.6 79.5 87.1 91.1 85.5 88.9 78.8 79.51981 ...................... 79.6 77.0 75.2 78.8 87.5 90.8 84.4 89.1 77.3 77.61982 ...................... 73.7 70.9 66.6 76.3 87.4 84.2 80.2 82.2 70.5 73.31983 ...................... 74.9 73.5 68.7 79.5 88.1 79.8 79.6 79.8 74.5 73.31984 ...................... 80.5 79.4 76.8 82.4 89.5 85.7 82.1 85.6 81.1 77.41985 ...................... 79.3 78.2 75.7 80.8 90.3 84.3 81.8 83.9 79.7 76.81986 ...................... 78.6 78.4 75.3 81.9 88.9 77.6 81.0 79.3 79.7 77.11987 ...................... 81.2 81.0 77.6 84.8 90.7 80.3 83.6 83.1 82.8 78.71988 ...................... 84.3 84.0 82.0 86.1 88.6 84.3 86.6 86.8 85.8 81.61989 ...................... 83.7 83.2 81.6 85.0 85.3 85.3 86.8 87.3 84.7 81.41990 ...................... 82.5 81.7 79.4 84.4 83.8 86.9 86.5 88.2 82.7 80.61991 ...................... 79.8 78.4 75.1 82.4 81.0 85.1 87.8 85.6 79.8 78.01992 ...................... 80.4 79.5 76.9 82.7 80.0 84.6 86.3 85.6 81.5 77.91993 ...................... 81.5 80.4 78.6 82.6 81.2 85.9 88.3 85.9 83.5 78.01994 ...................... 83.5 82.7 81.7 84.3 81.1 87.7 88.4 88.2 86.5 79.01995 ...................... 84.0 83.2 82.5 84.3 82.0 88.1 89.3 89.0 86.6 79.71996 ...................... 83.4 82.2 81.8 82.9 80.7 90.4 90.8 88.8 85.8 79.21997 ...................... 84.2 83.2 82.7 83.6 84.9 91.4 90.3 90.7 86.2 80.21998 ...................... 83.0 81.8 81.2 82.2 85.6 89.2 92.7 87.7 84.3 80.41999 ...................... 81.9 80.7 80.4 80.3 86.1 86.1 94.1 86.6 84.2 78.32000 ...................... 81.7 80.1 80.0 79.1 87.9 90.7 93.8 88.5 84.4 77.12001 ...................... 76.1 73.8 71.4 75.8 83.4 90.4 89.6 85.3 77.4 72.52002 ...................... 74.6 72.7 69.3 76.3 80.8 86.1 87.7 82.7 76.6 70.72003 ...................... 75.8 73.7 70.6 76.9 82.0 88.0 86.0 84.4 77.7 71.62004 ...................... 77.9 76.2 73.5 78.6 84.5 88.3 84.8 86.1 79.8 73.32005 ...................... 80.1 78.6 76.3 80.6 84.4 88.6 85.2 86.5 81.7 76.02006 ...................... 80.9 79.4 77.9 80.7 83.0 90.4 83.4 88.3 81.7 77.12007 ...................... 80.6 79.0 77.2 80.8 81.3 89.2 85.4 87.8 81.0 77.52008 ...................... 77.6 75.1 72.6 77.7 76.0 90.1 83.8 86.5 77.3 74.12009 p .................... 70.2 66.9 60.4 74.1 64.0 84.2 80.2 82.0 67.5 68.52008: Jan ............. 80.5 78.5 76.8 80.2 79.8 90.6 86.5 88.8 80.6 77.1

Feb ............. 80.2 78.0 76.1 79.8 79.3 91.2 86.7 88.9 80.3 76.6Mar ............ 79.8 77.8 75.8 79.7 79.4 90.8 84.5 88.8 79.6 76.3Apr ............. 79.2 77.0 74.6 79.4 77.8 90.9 85.1 88.5 79.4 75.2May ............ 78.9 76.7 74.3 79.4 76.8 90.8 83.7 88.6 78.8 75.0June ........... 78.7 76.3 74.2 78.6 76.7 90.7 84.4 87.6 78.7 74.9July ............ 78.6 76.1 74.1 78.3 75.4 92.3 83.1 88.7 78.3 74.6Aug ............. 77.6 75.3 73.0 77.9 75.0 91.8 80.2 88.3 77.1 73.7Sept ............ 74.5 72.5 70.7 74.3 74.3 83.1 81.2 78.7 74.9 72.2Oct .............. 75.4 72.7 68.8 76.8 73.3 89.2 82.1 84.7 75.4 71.5Nov ............. 74.4 71.1 67.2 75.1 72.9 90.7 83.5 84.7 73.5 71.2Dec ............. 72.7 69.0 65.4 72.6 71.3 89.0 85.1 82.1 71.4 70.3

2009: Jan ............. 71.1 67.1 62.0 72.4 68.7 88.4 85.1 81.5 69.7 68.5Feb ............. 70.6 67.1 61.2 73.2 67.8 87.1 81.1 81.7 68.5 68.6Mar ............ 69.5 66.0 59.9 72.8 64.2 84.9 80.8 79.5 67.1 68.2Apr ............. 69.2 65.8 59.4 72.9 63.4 82.7 80.9 79.5 67.0 67.6May ............ 68.5 65.3 58.2 73.2 62.9 81.9 79.2 79.8 65.9 67.0June ........... 68.3 65.1 57.8 73.3 63.0 80.7 78.7 79.5 65.8 66.6July ............ 69.2 66.2 59.9 73.4 62.4 82.0 77.8 81.0 66.5 67.6Aug p .......... 70.2 67.2 60.7 74.6 63.2 83.8 78.2 82.7 67.1 68.9Sept p ......... 70.8 67.8 61.4 75.1 63.7 83.7 78.5 83.9 67.6 69.3Oct p ........... 71.0 67.8 61.2 75.4 62.5 83.8 80.5 83.8 67.9 69.5Nov p .......... 71.5 68.5 61.7 76.4 63.6 85.5 78.4 85.6 68.2 69.9Dec p .......... 72.0 68.6 61.8 76.5 62.6 85.7 82.9 86.1 68.9 70.2

1 Output as percent of capacity.2 See footnote 1 and Note, Table B–51.Source: Board of Governors of the Federal Reserve System.

394 | Appendix B

Table B–55. New construction activity, 1964–2009[Value put in place, billions of dollars; monthly data at seasonally adjusted annual rates]

Year or month

Totalnewcon-

struc-tion

Private construction Public construction

Total

Residentialbuildings 1

Nonresidential buildings andother construction

Total FederalStateandlocalTotal 2

Newhousingunits 3

Total Lodging OfficeCom-mer-cial 4

Manu-factur-

ingOther 5

1964 ...................... 75.1 54.9 30.5 24.1 24.4 .............. .............. .............. .............. .............. 20.2 3.7 16.51965 ...................... 81.9 60.0 30.2 23.8 29.7 .............. .............. .............. .............. .............. 21.9 3.9 18.01966 ...................... 85.8 61.9 28.6 21.8 33.3 .............. .............. .............. .............. .............. 23.8 3.8 20.01967 ...................... 87.2 61.8 28.7 21.5 33.1 .............. .............. .............. .............. .............. 25.4 3.3 22.11968 ...................... 96.8 69.4 34.2 26.7 35.2 .............. .............. .............. .............. .............. 27.4 3.2 24.21969 ...................... 104.9 77.2 37.2 29.2 39.9 .............. .............. .............. .............. .............. 27.8 3.2 24.61970 ...................... 105.9 78.0 35.9 27.1 42.1 .............. .............. .............. .............. .............. 27.9 3.1 24.81971 ...................... 122.4 92.7 48.5 38.7 44.2 .............. .............. .............. .............. .............. 29.7 3.8 25.91972 ...................... 139.1 109.1 60.7 50.1 48.4 .............. .............. .............. .............. .............. 30.0 4.2 25.81973 ...................... 153.8 121.4 65.1 54.6 56.3 .............. .............. .............. .............. .............. 32.3 4.7 27.61974 ...................... 155.2 117.0 56.0 43.4 61.1 .............. .............. .............. .............. .............. 38.1 5.1 33.01975 ...................... 152.6 109.3 51.6 36.3 57.8 .............. .............. .............. .............. .............. 43.3 6.1 37.21976 ...................... 172.1 128.2 68.3 50.8 59.9 .............. .............. .............. .............. .............. 44.0 6.8 37.21977 ...................... 200.5 157.4 92.0 72.2 65.4 .............. .............. .............. .............. .............. 43.1 7.1 36.01978 ...................... 239.9 189.7 109.8 85.6 79.9 .............. .............. .............. .............. .............. 50.1 8.1 42.01979 ...................... 272.9 216.2 116.4 89.3 99.8 .............. .............. .............. .............. .............. 56.6 8.6 48.11980 ...................... 273.9 210.3 100.4 69.6 109.9 .............. .............. .............. .............. .............. 63.6 9.6 54.01981 ...................... 289.1 224.4 99.2 69.4 125.1 .............. .............. .............. .............. .............. 64.7 10.4 54.31982 ...................... 279.3 216.3 84.7 57.0 131.6 .............. .............. .............. .............. .............. 63.1 10.0 53.11983 ...................... 311.9 248.4 125.8 95.0 122.6 .............. .............. .............. .............. .............. 63.5 10.6 52.91984 ...................... 370.2 300.0 155.0 114.6 144.9 .............. .............. .............. .............. .............. 70.2 11.2 59.01985 ...................... 403.4 325.6 160.5 115.9 165.1 .............. .............. .............. .............. .............. 77.8 12.0 65.81986 ...................... 433.5 348.9 190.7 135.2 158.2 .............. .............. .............. .............. .............. 84.6 12.4 72.21987 ...................... 446.6 356.0 199.7 142.7 156.3 .............. .............. .............. .............. .............. 90.6 14.1 76.61988 ...................... 462.0 367.3 204.5 142.4 162.8 .............. .............. .............. .............. .............. 94.7 12.3 82.51989 ...................... 477.5 379.3 204.3 143.2 175.1 .............. .............. .............. .............. .............. 98.2 12.2 86.01990 ...................... 476.8 369.3 191.1 132.1 178.2 .............. .............. .............. .............. .............. 107.5 12.1 95.41991 ...................... 432.6 322.5 166.3 114.6 156.2 .............. .............. .............. .............. .............. 110.1 12.8 97.31992 ...................... 463.7 347.8 199.4 135.1 148.4 .............. .............. .............. .............. .............. 115.8 14.4 101.51993 ...................... 485.5 358.2 208.2 150.9 150.0 4.6 20.0 34.4 23.4 67.7 127.4 14.4 112.91994 ...................... 531.9 401.5 241.0 176.4 160.4 4.7 20.4 39.6 28.8 66.9 130.4 14.4 116.01995 ...................... 548.7 408.7 228.1 171.4 180.5 7.1 23.0 44.1 35.4 70.9 140.0 15.8 124.31996 ...................... 599.7 453.0 257.5 191.1 195.5 10.9 26.5 49.4 38.1 70.6 146.7 15.3 131.41997 ...................... 631.9 478.4 264.7 198.1 213.7 12.9 32.8 53.1 37.6 77.3 153.4 14.1 139.41998 ...................... 688.5 533.7 296.3 224.0 237.4 14.8 40.4 55.7 40.5 86.0 154.8 14.3 140.51999 ...................... 744.6 575.5 326.3 251.3 249.2 16.0 45.1 59.4 35.1 93.7 169.1 14.0 155.12000 ...................... 802.8 621.4 346.1 265.0 275.3 16.3 52.4 64.1 37.6 104.9 181.3 14.2 167.22001 ...................... 840.2 638.3 364.4 279.4 273.9 14.5 49.7 63.6 37.8 108.2 201.9 15.1 186.82002 ...................... 847.9 634.4 396.7 298.8 237.7 10.5 35.3 59.0 22.7 110.2 213.4 16.6 196.92003 ...................... 891.5 675.4 446.0 345.7 229.3 9.9 30.6 57.5 21.4 109.9 216.1 17.9 198.22004 ...................... 991.6 771.4 532.9 417.5 238.5 12.0 32.9 63.2 23.7 106.8 220.2 18.3 201.82005 ...................... 1,102.7 868.5 611.9 480.8 256.6 12.7 37.3 66.6 29.9 110.2 234.2 17.3 216.92006 ...................... 1,167.6 912.2 613.7 468.8 298.4 17.6 45.7 73.4 35.1 126.7 255.4 17.6 237.82007 ...................... 1,150.7 861.6 493.2 354.1 368.4 27.5 53.8 85.9 45.3 155.9 289.1 20.6 268.52008 ...................... 1,072.1 766.2 350.1 229.9 416.1 35.4 57.1 81.5 60.8 181.4 306.0 23.8 282.12008: Jan ............. 1,095.5 802.8 396.6 279.0 406.2 31.5 57.9 88.1 52.9 175.9 292.7 21.4 271.3

Feb ............. 1,092.1 797.6 385.8 261.0 411.8 32.5 58.0 88.2 54.3 178.8 294.5 21.7 272.8Mar ............ 1,095.2 791.0 383.1 259.4 407.8 34.0 56.6 85.1 53.6 178.5 304.2 21.1 283.1Apr ............. 1,091.1 787.7 373.4 251.0 414.3 36.1 57.3 87.5 55.3 178.1 303.4 22.7 280.7May ............ 1,090.7 786.2 363.5 244.6 422.7 37.4 57.0 85.2 57.1 186.0 304.5 22.8 281.6June ........... 1,075.6 769.5 351.7 237.1 417.8 37.7 57.5 84.0 58.4 180.2 306.1 22.7 283.4July ............ 1,070.2 759.8 339.9 231.1 419.9 37.0 57.9 82.8 57.3 185.0 310.4 24.9 285.5Aug ............. 1,066.1 756.4 340.2 220.7 416.2 37.4 58.0 79.9 61.1 179.8 309.7 24.8 284.9Sept ............ 1,081.2 773.6 350.4 212.9 423.2 36.8 58.4 77.9 65.8 184.3 307.6 23.6 283.9Oct .............. 1,064.1 754.1 327.7 204.7 426.3 36.6 56.5 76.5 71.0 185.8 310.0 25.0 285.1Nov ............. 1,037.3 726.8 310.5 192.1 416.4 35.7 55.8 73.5 70.6 180.7 310.5 26.2 284.3Dec ............. 1,002.1 696.6 292.3 176.2 404.3 31.8 51.6 71.0 70.2 179.7 305.6 28.3 277.3

2009: Jan ............. 974.3 673.8 278.8 162.6 395.1 29.2 49.0 66.7 77.3 172.9 300.4 27.0 273.4Feb ............. 970.4 660.9 260.8 147.9 400.1 29.1 48.4 66.5 81.3 174.7 309.5 27.5 282.1Mar ............ 966.7 650.4 248.9 139.2 401.5 31.2 48.1 65.0 82.0 175.3 316.3 27.2 289.1Apr ............. 971.4 654.1 252.7 130.7 401.5 30.2 43.7 62.1 84.1 181.3 317.2 25.5 291.7May ............ 958.3 639.8 241.4 123.4 398.4 28.4 44.1 58.8 85.4 181.8 318.5 27.0 291.5June ........... 945.1 619.5 237.0 125.4 382.6 27.4 42.1 53.5 78.6 180.9 325.6 29.1 296.5July ............ 934.2 608.4 237.3 131.0 371.2 24.3 40.0 51.8 77.6 177.4 325.8 29.9 295.9Aug ............. 925.5 605.2 244.7 133.4 360.5 23.2 39.3 48.8 72.6 176.6 320.4 27.7 292.7Sept ............ 910.5 590.5 243.2 134.0 347.2 21.6 35.3 48.0 67.9 174.3 320.0 27.7 292.3Oct p ........... 905.6 585.5 254.9 135.2 330.6 19.6 34.8 44.2 65.6 166.4 320.1 27.0 293.1Nov p .......... 900.1 581.2 250.7 135.7 330.5 19.3 34.0 43.7 65.7 167.8 318.8 27.3 291.6

1 Includes farm residential buildings.2 Includes residential improvements, not shown separately.3 New single- and multi-family units.4 Including farm.5 Health care, educational, religious, public safety, amusement and recreation, transportation, communication, power, highway and street, sewage and

waste disposal, water supply, and conservation and development.Note: Data beginning with 1993 reflect reclassification.Source: Department of Commerce (Bureau of the Census).

Production and Business Activity | 395

Table B–56. New private housing units started, authorized, and completed and houses sold,1962–2009

[Thousands; monthly data at seasonally adjusted annual rates]

Year or month

New housing units started New housing units authorized 1New

housingunits

completed

Newhouses

soldType of structure Type of structure

Total 1 unit 2 to 4units 2

5 unitsor more Total 1 unit 2 to 4

units5 unitsor more

1962 ...................... 1,462.9 991.4 471.5 1,186.6 716.2 87.1 383.3 ................... .....................1963 ...................... 1,603.2 1,012.4 590.8 1,334.7 750.2 118.9 465.6 ................... 5601964 ...................... 1,528.8 970.5 108.3 450.0 1,285.8 720.1 100.8 464.9 ................... 5651965 ...................... 1,472.8 963.7 86.7 422.5 1,240.6 709.9 84.8 445.9 ................... 5751966 ...................... 1,164.9 778.6 61.2 325.1 971.9 563.2 61.0 347.7 ................... 4611967 ...................... 1,291.6 843.9 71.7 376.1 1,141.0 650.6 73.0 417.5 ................... 4871968 ...................... 1,507.6 899.4 80.7 527.3 1,353.4 694.7 84.3 574.4 1,319.8 4901969 ...................... 1,466.8 810.6 85.1 571.2 1,322.3 624.8 85.2 612.4 1,399.0 4481970 ...................... 1,433.6 812.9 84.9 535.9 1,351.5 646.8 88.1 616.7 1,418.4 4851971 ...................... 2,052.2 1,151.0 120.5 780.9 1,924.6 906.1 132.9 885.7 1,706.1 6561972 ...................... 2,356.6 1,309.2 141.2 906.2 2,218.9 1,033.1 148.6 1,037.2 2,003.9 7181973 ...................... 2,045.3 1,132.0 118.2 795.0 1,819.5 882.1 117.0 820.5 2,100.5 6341974 ...................... 1,337.7 888.1 68.0 381.6 1,074.4 643.8 64.3 366.2 1,728.5 5191975 ...................... 1,160.4 892.2 64.0 204.3 939.2 675.5 63.9 199.8 1,317.2 5491976 ...................... 1,537.5 1,162.4 85.8 289.2 1,296.2 893.6 93.1 309.5 1,377.2 6461977 ...................... 1,987.1 1,450.9 121.7 414.4 1,690.0 1,126.1 121.3 442.7 1,657.1 8191978 ...................... 2,020.3 1,433.3 125.1 462.0 1,800.5 1,182.6 130.6 487.3 1,867.5 8171979 ...................... 1,745.1 1,194.1 122.0 429.0 1,551.8 981.5 125.4 444.8 1,870.8 7091980 ...................... 1,292.2 852.2 109.5 330.5 1,190.6 710.4 114.5 365.7 1,501.6 5451981 ...................... 1,084.2 705.4 91.2 287.7 985.5 564.3 101.8 319.4 1,265.7 4361982 ...................... 1,062.2 662.6 80.1 319.6 1,000.5 546.4 88.3 365.8 1,005.5 4121983 ...................... 1,703.0 1,067.6 113.5 522.0 1,605.2 901.5 133.6 570.1 1,390.3 6231984 ...................... 1,749.5 1,084.2 121.4 543.9 1,681.8 922.4 142.6 616.8 1,652.2 6391985 ...................... 1,741.8 1,072.4 93.5 576.0 1,733.3 956.6 120.1 656.6 1,703.3 6881986 ...................... 1,805.4 1,179.4 84.0 542.0 1,769.4 1,077.6 108.4 583.5 1,756.4 7501987 ...................... 1,620.5 1,146.4 65.1 408.7 1,534.8 1,024.4 89.3 421.1 1,668.8 6711988 ...................... 1,488.1 1,081.3 58.7 348.0 1,455.6 993.8 75.7 386.1 1,529.8 6761989 ...................... 1,376.1 1,003.3 55.3 317.6 1,338.4 931.7 67.0 339.8 1,422.8 6501990 ...................... 1,192.7 894.8 37.6 260.4 1,110.8 793.9 54.3 262.6 1,308.0 5341991 ...................... 1,013.9 840.4 35.6 137.9 948.8 753.5 43.1 152.1 1,090.8 5091992 ...................... 1,199.7 1,029.9 30.9 139.0 1,094.9 910.7 45.8 138.4 1,157.5 6101993 ...................... 1,287.6 1,125.7 29.4 132.6 1,199.1 986.5 52.3 160.2 1,192.7 6661994 ...................... 1,457.0 1,198.4 35.2 223.5 1,371.6 1,068.5 62.2 241.0 1,346.9 6701995 ...................... 1,354.1 1,076.2 33.8 244.1 1,332.5 997.3 63.7 271.5 1,312.6 6671996 ...................... 1,476.8 1,160.9 45.3 270.8 1,425.6 1,069.5 65.8 290.3 1,412.9 7571997 ...................... 1,474.0 1,133.7 44.5 295.8 1,441.1 1,062.4 68.5 310.3 1,400.5 8041998 ...................... 1,616.9 1,271.4 42.6 302.9 1,612.3 1,187.6 69.2 355.5 1,474.2 8861999 ...................... 1,640.9 1,302.4 31.9 306.6 1,663.5 1,246.7 65.8 351.1 1,604.9 8802000 ...................... 1,568.7 1,230.9 38.7 299.1 1,592.3 1,198.1 64.9 329.3 1,573.7 8772001 ...................... 1,602.7 1,273.3 36.6 292.8 1,636.7 1,235.6 66.0 335.2 1,570.8 9082002 ...................... 1,704.9 1,358.6 38.5 307.9 1,747.7 1,332.6 73.7 341.4 1,648.4 9732003 ...................... 1,847.7 1,499.0 33.5 315.2 1,889.2 1,460.9 82.5 345.8 1,678.7 1,0862004 ...................... 1,955.8 1,610.5 42.3 303.0 2,070.1 1,613.4 90.4 366.2 1,841.9 1,2032005 ...................... 2,068.3 1,715.8 41.1 311.4 2,155.3 1,682.0 84.0 389.3 1,931.4 1,2832006 ...................... 1,800.9 1,465.4 42.7 292.8 1,838.9 1,378.2 76.6 384.1 1,979.4 1,0512007 ...................... 1,355.0 1,046.0 31.7 277.3 1,398.4 979.9 59.6 359.0 1,502.8 7762008 ...................... 905.5 622.0 17.5 266.0 905.4 575.6 34.4 295.4 1,119.7 4852009 p .................... 553.8 443.5 11.4 98.8 572.2 435.1 19.9 117.2 796.0 3742008: Jan ............. 1,083 764 27 292 1,102 711 41 350 1,338 608

Feb ............. 1,100 722 29 349 1,015 665 39 311 1,266 576Mar ............ 993 717 16 260 968 634 36 298 1,195 509Apr ............. 1,001 676 15 310 991 647 39 305 1,028 533May ............ 971 679 19 273 978 629 35 314 1,139 509June ........... 1,078 655 22 401 1,174 605 36 533 1,131 488July ............ 933 632 14 287 924 575 35 314 1,089 500Aug ............. 849 612 15 222 857 548 34 275 1,018 444Sept ............ 822 549 19 254 806 529 38 239 1,148 436Oct .............. 763 534 10 219 729 470 33 226 1,055 409Nov ............. 655 457 18 180 630 422 21 187 1,084 390Dec ............. 556 393 9 154 564 370 20 174 1,028 374

2009: Jan ............. 488 357 13 118 531 342 20 169 778 329Feb ............. 574 357 13 204 550 381 17 152 828 354Mar ............ 521 361 31 129 511 360 20 131 833 332Apr ............. 479 388 11 80 498 378 18 102 846 345May ............ 551 409 9 133 518 406 18 94 812 371June ........... 590 478 11 101 570 433 23 114 794 399July ............ 593 506 15 72 564 463 18 83 785 419Aug ............. 581 481 6 94 580 464 19 97 785 408Sept ............ 586 508 9 69 575 452 19 104 723 391Oct .............. 524 471 4 49 551 449 16 86 750 408Nov p .......... 580 490 10 80 589 469 25 95 865 370Dec p .......... 557 456 9 92 653 505 18 130 768 342

1 Authorized by issuance of local building permits in permit-issuing places: 20,000 places beginning with 2004; 19,000 for 1994–2003; 17,000 for 1984–93;16,000 for 1978–83; 14,000 for 1972–77; 13,000 for 1967–71; 12,000 for 1963–66; and 10,000 prior to 1963.

2 Monthly data derived.Note: Data beginning with 1999 for new housing units started and completed and for new houses sold are based on new estimation methods and are not

directly comparable with earlier data.Source: Department of Commerce (Bureau of the Census).

396 | Appendix B

Table B–57. Manufacturing and trade sales and inventories, 1968–2009[Amounts in millions of dollars; monthly data seasonally adjusted]

Year or month

Total manufacturingand trade Manufacturing Merchant

wholesalers 1Retailtrade Retail

and foodservices

salesSales 2 Inven-tories 3 Ratio 4 Sales 2 Inven-

tories 3 Ratio 4 Sales 2 Inven-tories 3 Ratio 4 Sales 2, 5 Inven-

tories 3 Ratio 4

SIC: 61968 ...................... 98,685 156,611 1.59 50,229 90,560 1.80 21,012 27,166 1.29 27,445 38,885 1.42 ...............1969 ...................... 105,690 170,400 1.61 53,501 98,145 1.83 22,818 29,800 1.31 29,371 42,455 1.45 ...............1970 ...................... 108,221 178,594 1.65 52,805 101,599 1.92 24,167 33,354 1.38 31,249 43,641 1.40 ...............1971 ...................... 116,895 188,991 1.62 55,906 102,567 1.83 26,492 36,568 1.38 34,497 49,856 1.45 ...............1972 ...................... 131,081 203,227 1.55 63,027 108,121 1.72 29,866 40,297 1.35 38,189 54,809 1.44 ...............1973 ...................... 153,677 234,406 1.53 72,931 124,499 1.71 38,115 46,918 1.23 42,631 62,989 1.48 ...............1974 ...................... 177,912 287,144 1.61 84,790 157,625 1.86 47,982 58,667 1.22 45,141 70,852 1.57 ...............1975 ...................... 182,198 288,992 1.59 86,589 159,708 1.84 46,634 57,774 1.24 48,975 71,510 1.46 ...............1976 ...................... 204,150 318,345 1.56 98,797 174,636 1.77 50,698 64,622 1.27 54,655 79,087 1.45 ...............1977 ...................... 229,513 350,706 1.53 113,201 188,378 1.66 56,136 73,179 1.30 60,176 89,149 1.48 ...............1978 ...................... 260,320 400,931 1.54 126,905 211,691 1.67 66,413 86,934 1.31 67,002 102,306 1.53 ...............1979 ...................... 297,701 452,640 1.52 143,936 242,157 1.68 79,051 99,679 1.26 74,713 110,804 1.48 ...............1980 ...................... 327,233 508,924 1.56 154,391 265,215 1.72 93,099 122,631 1.32 79,743 121,078 1.52 ...............1981 ...................... 355,822 545,786 1.53 168,129 283,413 1.69 101,180 129,654 1.28 86,514 132,719 1.53 ...............1982 ...................... 347,625 573,908 1.67 163,351 311,852 1.95 95,211 127,428 1.36 89,062 134,628 1.49 ...............1983 ...................... 369,286 590,287 1.56 172,547 312,379 1.78 99,225 130,075 1.28 97,514 147,833 1.44 ...............1984 ...................... 410,124 649,780 1.53 190,682 339,516 1.73 112,199 142,452 1.23 107,243 167,812 1.49 ...............1985 ...................... 422,583 664,039 1.56 194,538 334,749 1.73 113,459 147,409 1.28 114,586 181,881 1.52 ...............1986 ...................... 430,419 662,738 1.55 194,657 322,654 1.68 114,960 153,574 1.32 120,803 186,510 1.56 ...............1987 ...................... 457,735 709,848 1.50 206,326 338,109 1.59 122,968 163,903 1.29 128,442 207,836 1.55 ...............1988 ...................... 497,157 767,222 1.49 224,619 369,374 1.57 134,521 178,801 1.30 138,017 219,047 1.54 ...............1989 ...................... 527,039 815,455 1.52 236,698 391,212 1.63 143,760 187,009 1.28 146,581 237,234 1.58 ...............1990 ...................... 545,909 840,594 1.52 242,686 405,073 1.65 149,506 195,833 1.29 153,718 239,688 1.56 ...............1991 ...................... 542,815 834,609 1.53 239,847 390,950 1.65 148,306 200,448 1.33 154,661 243,211 1.54 ...............1992 ...................... 567,176 842,809 1.48 250,394 382,510 1.54 154,150 208,302 1.32 162,632 251,997 1.52 ...............NAICS: 61992 ...................... 540,573 836,992 1.53 242,002 378,709 1.57 147,261 196,914 1.31 151,310 261,369 1.67 168,2611993 ...................... 567,580 864,028 1.50 251,708 379,660 1.50 154,018 204,842 1.30 161,854 279,526 1.68 179,8581994 ...................... 610,253 927,330 1.46 269,843 399,910 1.44 164,575 221,978 1.29 175,835 305,442 1.66 194,6381995 ...................... 655,097 986,089 1.48 289,973 424,772 1.44 179,915 238,392 1.29 185,209 322,925 1.72 204,6771996 ...................... 687,350 1,005,506 1.46 299,766 430,446 1.43 190,362 241,050 1.27 197,222 334,010 1.67 217,4631997 ...................... 723,879 1,046,750 1.42 319,558 443,566 1.37 198,154 258,575 1.26 206,167 344,609 1.64 227,6701998 ...................... 742,837 1,078,738 1.43 324,984 449,065 1.39 202,260 272,404 1.31 215,592 357,269 1.62 238,2781999 ...................... 786,634 1,138,982 1.40 335,991 463,625 1.35 216,597 290,318 1.30 234,046 385,039 1.59 257,7972000 ...................... 834,325 1,198,022 1.41 350,715 481,673 1.35 234,546 309,462 1.29 249,063 406,887 1.59 274,5182001 ...................... 818,615 1,120,422 1.43 330,875 427,720 1.38 232,096 297,927 1.32 255,644 394,775 1.58 282,1312002 ...................... 823,714 1,140,904 1.36 326,227 422,724 1.28 236,294 301,891 1.26 261,194 416,289 1.55 288,8452003 ...................... 853,596 1,147,981 1.34 334,616 407,967 1.24 246,857 307,642 1.23 272,123 432,372 1.56 301,2642004 ...................... 923,319 1,239,685 1.30 359,081 440,330 1.19 274,710 337,983 1.18 289,528 461,372 1.56 320,5262005 ...................... 1,000,368 1,306,598 1.27 395,173 472,398 1.16 297,915 362,451 1.18 307,280 471,749 1.51 340,0572006 ...................... 1,064,187 1,390,670 1.28 418,330 510,865 1.19 323,396 392,291 1.17 322,461 487,514 1.50 357,2842007 ...................... 1,102,196 1,446,313 1.28 423,423 529,957 1.23 345,871 416,632 1.16 332,902 499,724 1.49 369,3852008 ...................... 1,136,984 1,455,753 1.32 431,929 541,767 1.28 375,059 429,572 1.17 329,996 484,414 1.52 367,7412008: Jan ............. 1,156,058 1,463,157 1.27 439,923 537,072 1.22 377,100 422,416 1.12 339,035 503,669 1.49 376,262

Feb ............. 1,143,322 1,472,661 1.29 434,265 541,454 1.25 372,986 426,580 1.14 336,071 504,627 1.50 373,140Mar ............ 1,156,608 1,474,830 1.28 439,275 546,023 1.24 379,712 426,601 1.12 337,621 502,206 1.49 374,845Apr ............. 1,171,292 1,484,308 1.27 448,658 547,716 1.22 384,205 432,149 1.12 338,429 504,443 1.49 376,009May ............ 1,177,041 1,488,099 1.26 449,729 550,178 1.22 388,406 435,311 1.12 338,906 502,610 1.48 376,662June ........... 1,187,363 1,495,812 1.26 452,979 554,737 1.22 396,296 439,195 1.11 338,088 501,880 1.48 376,055July ............ 1,185,470 1,510,101 1.27 457,116 558,252 1.22 392,275 443,913 1.13 336,079 507,936 1.51 374,103Aug ............. 1,160,374 1,511,167 1.30 440,921 561,150 1.27 386,097 446,873 1.16 333,356 503,144 1.51 371,311Sept ............ 1,134,171 1,506,344 1.33 429,156 559,091 1.30 377,364 444,618 1.18 327,651 502,635 1.53 365,855Oct .............. 1,090,431 1,495,342 1.37 412,885 556,012 1.35 360,753 438,760 1.22 316,793 500,570 1.58 354,744Nov ............. 1,026,879 1,475,847 1.44 384,413 551,297 1.43 335,256 433,890 1.29 307,210 490,660 1.60 345,175Dec ............. 996,571 1,455,753 1.46 373,446 541,767 1.45 325,672 429,572 1.32 297,453 484,414 1.63 335,016

2009: Jan ............. 985,402 1,437,899 1.46 363,750 535,486 1.47 317,731 425,915 1.34 303,921 476,498 1.57 342,017Feb ............. 986,065 1,417,350 1.44 362,685 527,872 1.46 318,491 418,539 1.31 304,889 470,939 1.54 343,438Mar ............ 969,020 1,399,094 1.44 357,240 521,501 1.46 310,723 411,092 1.32 301,057 466,501 1.55 339,228Apr ............. 968,183 1,381,276 1.43 357,324 515,642 1.44 310,742 405,599 1.31 300,117 460,035 1.53 338,344May ............ 967,835 1,364,131 1.41 354,190 511,305 1.44 312,050 400,795 1.28 301,595 452,031 1.50 339,873June ........... 977,786 1,344,127 1.37 360,117 505,009 1.40 312,941 392,493 1.25 304,728 446,625 1.47 342,912July ............ 981,770 1,329,165 1.35 362,611 500,593 1.38 314,709 386,330 1.23 304,450 442,242 1.45 342,489Aug ............. 993,217 1,308,296 1.32 362,269 496,549 1.37 318,069 381,146 1.20 312,879 430,601 1.38 350,800Sept ............ 994,916 1,303,701 1.31 366,882 492,559 1.34 322,169 378,281 1.17 305,865 432,861 1.42 343,687Oct .............. 1,006,760 1,307,801 1.30 370,294 494,397 1.34 326,645 380,574 1.17 309,821 432,830 1.40 347,641Nov p .......... 1,027,359 1,313,168 1.28 374,174 495,143 1.32 337,396 386,263 1.14 315,789 431,762 1.37 353,951

1 Excludes manufacturers’ sales branches and offices.2 Annual data are averages of monthly not seasonally adjusted figures.3 Seasonally adjusted, end of period. Inventories beginning with January 1982 for manufacturing and December 1980 for wholesale and retail trade are not

comparable with earlier periods.4 Inventory/sales ratio. Monthly inventories are inventories at the end of the month to sales for the month. Annual data beginning with 1982 are the average

of monthly ratios for the year. Annual data for 1967–81 are the ratio of December inventories to monthly average sales for the year.5 Food services included on Standard Industrial Classification (SIC) basis and excluded on North American Industry Classification System (NAICS) basis. See

last column for retail and food services sales.6 Effective in 2001, data classified based on NAICS. Data on NAICS basis available beginning with 1992. Earlier data based on SIC. Data on both NAICS and

SIC basis include semiconductors.Source: Department of Commerce (Bureau of the Census).

Production and Business Activity | 397

Table B–58. Manufacturers’ shipments and inventories, 1968–2009[Millions of dollars; monthly data seasonally adjusted]

Year or month

Shipments 1 Inventories 2

TotalDurablegoodsindus-tries

Non-durablegoodsindus-tries

Total

Durable goods industries Nondurable goods industries

TotalMateri-

alsand

supplies

Work inprocess

Finishedgoods Total

Materi-alsand

supplies

Work inprocess

Finishedgoods

SIC: 31968 ...................... 50,229 27,624 22,605 90,560 58,732 17,344 27,213 14,175 31,828 12,328 4,852 14,6481969 ...................... 53,501 29,403 24,098 98,145 64,598 18,636 30,282 15,680 33,547 12,753 5,120 15,6741970 ...................... 52,805 28,156 24,649 101,599 66,651 19,149 29,745 17,757 34,948 13,168 5,271 16,5091971 ...................... 55,906 29,924 25,982 102,567 66,136 19,679 28,550 17,907 36,431 13,686 5,678 17,0671972 ...................... 63,027 33,987 29,040 108,121 70,067 20,807 30,713 18,547 38,054 14,677 5,998 17,3791973 ...................... 72,931 39,635 33,296 124,499 81,192 25,944 35,490 19,758 43,307 18,147 6,729 18,4311974 ...................... 84,790 44,173 40,617 157,625 101,493 35,070 42,530 23,893 56,132 23,744 8,189 24,1991975 ...................... 86,589 43,598 42,991 159,708 102,590 33,903 43,227 25,460 57,118 23,565 8,834 24,7191976 ...................... 98,797 50,623 48,174 174,636 111,988 37,457 46,074 28,457 62,648 25,847 9,929 26,8721977 ...................... 113,201 59,168 54,033 188,378 120,877 40,186 50,226 30,465 67,501 27,387 10,961 29,1531978 ...................... 126,905 67,731 59,174 211,691 138,181 45,198 58,848 34,135 73,510 29,619 12,085 31,8061979 ...................... 143,936 75,927 68,009 242,157 160,734 52,670 69,325 38,739 81,423 32,814 13,910 34,6991980 ...................... 154,391 77,419 76,972 265,215 174,788 55,173 76,945 42,670 90,427 36,606 15,884 37,9371981 ...................... 168,129 83,727 84,402 283,413 186,443 57,998 80,998 47,447 96,970 38,165 16,194 42,6111982 ...................... 163,351 79,212 84,139 311,852 200,444 59,136 86,707 54,601 111,408 44,039 18,612 48,7571983 ...................... 172,547 85,481 87,066 312,379 199,854 60,325 86,899 52,630 112,525 44,816 18,691 49,0181984 ...................... 190,682 97,940 92,742 339,516 221,330 66,031 98,251 57,048 118,186 45,692 19,328 53,1661985 ...................... 194,538 101,279 93,259 334,749 218,193 63,904 98,162 56,127 116,556 44,106 19,442 53,0081986 ...................... 194,657 103,238 91,419 322,654 211,997 61,331 97,000 53,666 110,657 42,335 18,124 50,1981987 ...................... 206,326 108,128 98,198 338,109 220,799 63,562 102,393 54,844 117,310 45,319 19,270 52,7211988 ...................... 224,619 118,458 106,161 369,374 242,468 69,611 112,958 59,899 126,906 49,396 20,559 56,9511989 ...................... 236,698 123,158 113,540 391,212 257,513 72,435 122,251 62,827 133,699 50,674 21,653 61,3721990 ...................... 242,686 123,776 118,910 405,073 263,209 73,559 124,130 65,520 141,864 52,645 22,817 66,4021991 ...................... 239,847 121,000 118,847 390,950 250,019 70,834 114,960 64,225 140,931 53,011 22,815 65,1051992 ...................... 250,394 128,489 121,905 382,510 238,105 69,459 104,424 64,222 144,405 54,007 23,532 66,866NAICS: 31992 ...................... 242,002 126,572 115,430 378,709 238,102 69,737 104,211 64,154 140,607 53,179 23,304 64,1241993 ...................... 251,708 133,712 117,996 379,660 238,737 72,657 101,999 64,081 140,923 54,289 23,305 63,3291994 ...................... 269,843 147,005 122,838 399,910 253,141 78,573 106,556 68,012 146,769 57,161 24,383 65,2251995 ...................... 289,973 158,568 131,405 424,772 267,358 85,473 106,658 75,227 157,414 60,725 25,755 70,9341996 ...................... 299,766 164,883 134,883 430,446 272,495 86,226 110,563 75,706 157,951 59,101 26,438 72,4121997 ...................... 319,558 178,949 140,610 443,566 281,074 92,292 109,960 78,822 162,492 60,160 28,478 73,8541998 ...................... 324,984 185,966 139,019 449,065 290,700 93,629 115,235 81,836 158,365 58,223 27,044 73,0981999 ...................... 335,991 193,895 142,096 463,625 296,553 97,959 114,111 84,483 167,072 61,098 28,741 77,2332000 ...................... 350,715 197,807 152,908 481,673 306,727 106,214 111,196 89,317 174,946 61,509 30,015 83,4222001 ...................... 330,875 181,201 149,674 427,720 267,533 91,194 93,776 82,563 160,187 55,798 27,056 77,3332002 ...................... 326,227 176,968 149,259 422,724 260,265 88,512 92,231 79,522 162,459 56,593 27,793 78,0732003 ...................... 334,616 178,549 156,067 407,967 246,712 82,301 88,499 75,912 161,255 56,899 26,965 77,3912004 ...................... 359,081 188,722 170,359 440,330 264,794 92,129 90,932 81,733 175,536 61,760 29,821 83,9552005 ...................... 395,173 202,070 193,103 472,398 283,220 98,134 98,590 86,496 189,178 66,502 32,668 90,0082006 ...................... 418,330 213,408 204,923 510,865 309,320 108,592 104,910 95,818 201,545 69,816 35,968 95,7612007 ...................... 423,423 213,572 209,851 529,957 319,923 109,057 113,569 97,297 210,034 73,222 38,106 98,7062008 ...................... 431,929 207,801 224,128 541,767 342,699 115,800 130,373 96,526 199,068 68,138 36,423 94,5072008: Jan ............. 439,923 215,887 224,036 537,072 321,132 109,728 114,690 96,714 215,940 75,588 40,448 99,904

Feb ............. 434,265 212,974 221,291 541,454 323,203 110,129 116,281 96,793 218,251 75,794 41,745 100,712Mar ............ 439,275 212,170 227,105 546,023 326,847 111,359 118,462 97,026 219,176 75,691 41,634 101,851Apr ............. 448,658 214,371 234,287 547,716 329,380 112,303 120,140 96,937 218,336 75,688 40,883 101,765May ............ 449,729 213,192 236,537 550,178 331,525 112,846 121,409 97,270 218,653 76,358 42,147 100,148June ........... 452,979 212,691 240,288 554,737 333,786 113,958 122,319 97,509 220,951 76,274 41,114 103,563July ............ 457,116 214,430 242,686 558,252 336,804 115,823 123,246 97,735 221,448 76,073 42,417 102,958Aug ............. 440,921 206,941 233,980 561,150 339,813 116,182 124,636 98,995 221,337 75,837 42,223 103,277Sept ............ 429,156 206,450 222,706 559,091 340,723 116,712 125,223 98,788 218,368 76,113 41,480 100,775Oct .............. 412,885 198,521 214,364 556,012 341,408 116,664 126,525 98,219 214,604 74,097 39,533 100,974Nov ............. 384,413 190,015 194,398 551,297 341,207 116,702 127,358 97,147 210,090 71,562 38,404 100,124Dec ............. 373,446 189,253 184,193 541,767 342,699 115,800 130,373 96,526 199,068 68,138 36,423 94,507

2009: Jan ............. 363,750 177,696 186,054 535,486 338,475 115,240 129,265 93,970 197,011 66,897 37,221 92,893Feb ............. 362,685 176,094 186,591 527,872 334,112 114,345 127,694 92,073 193,760 65,599 36,648 91,513Mar ............ 357,240 173,884 183,356 521,501 328,422 112,272 125,769 90,381 193,079 64,949 37,122 91,008Apr ............. 357,324 173,480 183,844 515,642 324,569 110,135 125,256 89,178 191,073 64,050 37,212 89,811May ............ 354,190 169,440 184,750 511,305 320,714 108,234 124,856 87,624 190,591 64,106 37,160 89,325June ........... 360,117 169,672 190,445 505,009 315,984 106,139 124,091 85,754 189,025 63,838 36,685 88,502July ............ 362,611 174,982 187,629 500,593 312,367 103,840 123,880 84,647 188,226 64,118 36,454 87,654Aug ............. 362,269 172,366 189,903 496,549 308,133 102,920 121,442 83,771 188,416 63,832 36,872 87,712Sept ............ 366,882 174,914 191,968 492,559 305,056 102,367 120,306 82,383 187,503 63,632 37,166 86,705Oct .............. 370,294 175,345 194,949 494,397 304,023 101,161 120,971 81,891 190,374 64,548 38,065 87,761Nov p .......... 374,174 175,747 198,427 495,143 303,120 100,262 121,261 81,597 192,023 65,850 38,465 87,708

1 Annual data are averages of monthly not seasonally adjusted figures.2 Seasonally adjusted, end of period. Data beginning with 1982 are not comparable with earlier data.3 Effective in 2001, data classified based on North American Industry Classification System (NAICS). Data on NAICS basis available beginning with 1992.

Earlier data based on Standard Industrial Classification (SIC). Data on both NAICS and SIC basis include semiconductors.Source: Department of Commerce (Bureau of the Census).

398 | Appendix B

Table B–59. Manufacturers’ new and unfilled orders, 1968–2009[Amounts in millions of dollars; monthly data seasonally adjusted]

Year or month

New orders 1 Unfilled orders 2 Unfilled orders to shipments ratio 2

Total

Durable goodsindustries Nondurable

goodsindustries

TotalDurablegoods

industries

Nondurablegoods

industriesTotal

Durablegoods

industries

Nondurablegoods

industriesTotalCapitalgoods,

nondefense

SIC: 31968 ...................... 50,657 28,051 6,314 22,606 108,377 104,393 3,984 3.79 4.58 0.691969 ...................... 53,990 29,876 7,046 24,114 114,341 110,161 4,180 3.71 4.45 .691970 ...................... 52,022 27,340 6,072 24,682 105,008 100,412 4,596 3.61 4.36 .761971 ...................... 55,921 29,905 6,682 26,016 105,247 100,225 5,022 3.32 4.00 .761972 ...................... 64,182 35,038 7,745 29,144 119,349 113,034 6,315 3.26 3.85 .861973 ...................... 76,003 42,627 9,926 33,376 156,561 149,204 7,357 3.80 4.51 .911974 ...................... 87,327 46,862 11,594 40,465 187,043 181,519 5,524 4.09 4.93 .621975 ...................... 85,139 41,957 9,886 43,181 169,546 161,664 7,882 3.69 4.45 .821976 ...................... 99,513 51,307 11,490 48,206 178,128 169,857 8,271 3.24 3.88 .741977 ...................... 115,109 61,035 13,681 54,073 202,024 193,323 8,701 3.24 3.85 .711978 ...................... 131,629 72,278 17,588 59,351 259,169 248,281 10,888 3.57 4.20 .811979 ...................... 147,604 79,483 21,154 68,121 303,593 291,321 12,272 3.89 4.62 .821980 ...................... 156,359 79,392 21,135 76,967 327,416 315,202 12,214 3.85 4.58 .751981 ...................... 168,025 83,654 21,806 84,371 326,547 314,707 11,840 3.87 4.68 .691982 ...................... 162,140 78,064 19,213 84,077 311,887 300,798 11,089 3.84 4.74 .621983 ...................... 175,451 88,140 19,624 87,311 347,273 333,114 14,159 3.53 4.29 .691984 ...................... 192,879 100,164 23,669 92,715 373,529 359,651 13,878 3.60 4.37 .641985 ...................... 195,706 102,356 24,545 93,351 387,196 372,097 15,099 3.67 4.47 .681986 ...................... 195,204 103,647 23,982 91,557 393,515 376,699 16,816 3.59 4.41 .701987 ...................... 209,389 110,809 26,094 98,579 430,426 408,688 21,738 3.63 4.43 .831988 ...................... 228,270 122,076 31,108 106,194 474,154 452,150 22,004 3.64 4.46 .761989 ...................... 239,572 126,055 32,988 113,516 508,849 487,098 21,751 3.96 4.85 .771990 ...................... 244,507 125,583 33,331 118,924 531,131 509,124 22,007 4.15 5.15 .761991 ...................... 238,805 119,849 30,471 118,957 519,199 495,802 23,397 4.08 5.07 .791992 ...................... 248,212 126,308 31,524 121,905 492,893 469,381 23,512 3.51 4.30 .75NAICS: 31992 ...................... ................... ................... ................... ................... ................... 451,273 ................... ................... 5.14 .....................1993 ...................... 246,668 128,672 40,681 ................... ................... 425,979 ................... ................... 4.66 .....................1994 ...................... 266,641 143,803 45,175 ................... ................... 434,979 ................... ................... 4.21 .....................1995 ...................... 285,542 154,137 51,011 ................... ................... 447,411 ................... ................... 3.97 .....................1996 ...................... 297,282 162,399 54,066 ................... ................... 488,726 ................... ................... 4.14 .....................1997 ...................... 314,986 174,377 60,697 ................... ................... 512,916 ................... ................... 4.04 .....................1998 ...................... 317,345 178,327 62,133 ................... ................... 496,083 ................... ................... 3.97 .....................1999 ...................... 329,770 187,674 64,392 ................... ................... 505,498 ................... ................... 3.76 .....................2000 ...................... 346,789 193,881 69,278 ................... ................... 549,445 ................... ................... 3.87 .....................2001 ...................... 322,746 173,072 58,246 ................... ................... 514,262 ................... ................... 4.21 .....................2002 ...................... 316,809 167,550 51,817 ................... ................... 462,056 ................... ................... 4.05 .....................2003 ...................... 330,369 174,302 52,894 ................... ................... 477,557 ................... ................... 3.92 .....................2004 ...................... 354,619 184,261 56,094 ................... ................... 496,395 ................... ................... 3.88 .....................2005 ...................... 395,401 202,298 65,770 ................... ................... 572,827 ................... ................... 3.84 .....................2006 ...................... 419,793 214,871 71,725 ................... ................... 660,243 ................... ................... 4.17 .....................2007 ...................... 427,597 217,746 74,288 ................... ................... 772,982 ................... ................... 4.80 .....................2008 ...................... 429,343 205,216 69,132 ................... ................... 798,967 ................... ................... 5.45 .....................2008: Jan ............. 442,055 218,019 75,327 ................... ................... 780,822 ................... ................... 5.14 .....................

Feb ............. 438,780 217,489 74,657 ................... ................... 790,370 ................... ................... 5.24 .....................Mar ............ 445,319 218,214 75,574 ................... ................... 801,204 ................... ................... 5.27 .....................Apr ............. 449,119 214,832 73,624 ................... ................... 807,250 ................... ................... 5.27 .....................May ............ 450,956 214,419 73,707 ................... ................... 813,304 ................... ................... 5.30 .....................June ........... 454,835 214,547 70,983 ................... ................... 819,087 ................... ................... 5.31 .....................July ............ 455,354 212,668 72,441 ................... ................... 822,963 ................... ................... 5.32 .....................Aug ............. 436,596 202,616 67,788 ................... ................... 823,183 ................... ................... 5.50 .....................Sept ............ 425,853 203,147 66,885 ................... ................... 823,768 ................... ................... 5.53 .....................Oct .............. 400,753 186,389 62,576 ................... ................... 816,392 ................... ................... 5.73 .....................Nov ............. 374,334 179,936 60,071 ................... ................... 810,059 ................... ................... 5.93 .....................Dec ............. 357,472 173,279 54,895 ................... ................... 798,967 ................... ................... 5.87 .....................

2009: Jan ............. 345,563 159,509 49,783 ................... ................... 784,714 ................... ................... 6.14 .....................Feb ............. 347,187 160,596 49,733 ................... ................... 772,059 ................... ................... 6.04 .....................Mar ............ 341,319 157,963 49,773 ................... ................... 759,101 ................... ................... 6.01 .....................Apr ............. 343,818 159,974 48,324 ................... ................... 749,752 ................... ................... 6.04 .....................May ............ 348,109 163,359 52,945 ................... ................... 747,473 ................... ................... 6.13 .....................June ........... 350,431 159,986 52,369 ................... ................... 740,349 ................... ................... 5.99 .....................July ............ 356,836 169,207 57,030 ................... ................... 739,445 ................... ................... 5.90 .....................Aug ............. 353,923 164,020 52,185 ................... ................... 735,313 ................... ................... 5.93 .....................Sept ............ 360,153 168,185 54,383 ................... ................... 732,138 ................... ................... 5.75 .....................Oct .............. 363,047 168,098 55,458 ................... ................... 729,336 ................... ................... 5.75 .....................Nov p .......... 365,295 166,868 53,819 ................... ................... 724,534 ................... ................... 5.69 .....................

1 Annual data are averages of monthly not seasonally adjusted figures.2 Unfilled orders are seasonally adjusted, end of period. Ratios are unfilled orders at end of period to shipments for period (excludes industries with no

unfilled orders). Annual ratios relate to seasonally adjusted data for December.3 Effective in 2001, data classified based on North American Industry Classification System (NAICS). Data on NAICS basis available beginning with

1992. Earlier data based on the Standard Industrial Classification (SIC). Data on SIC basis include semiconductors. Data on NAICS basis do not includesemiconductors.

Note: For NAICS basis data beginning with 1992, because there are no unfilled orders for manufacturers’ nondurable goods, manufacturers’ nondurable neworders and nondurable shipments are the same (see Table B–58).

Source: Department of Commerce (Bureau of the Census).

Prices | 399

Table B–60. Consumer price indexes for major expenditure classes, 1965–2009[For all urban consumers; 1982–84=100, except as noted]

Year or month All items

Food andbeverages

Apparel Housing Transpor-tation

Medicalcare

Recre-ation 2

Educationand

communi-cation 2

Othergoodsand

servicesEnergy 3

Total 1 Food

1965 ...................... 31.5 ................. 32.2 47.8 ................. 31.9 25.2 ................. ................. ................ 22.91966 ...................... 32.4 ................. 33.8 49.0 ................. 32.3 26.3 ................. ................. ................ 23.31967 ...................... 33.4 35.0 34.1 51.0 30.8 33.3 28.2 ................. ................. 35.1 23.81968 ...................... 34.8 36.2 35.3 53.7 32.0 34.3 29.9 ................. ................. 36.9 24.21969 ...................... 36.7 38.1 37.1 56.8 34.0 35.7 31.9 ................. ................. 38.7 24.81970 ...................... 38.8 40.1 39.2 59.2 36.4 37.5 34.0 ................. ................. 40.9 25.51971 ...................... 40.5 41.4 40.4 61.1 38.0 39.5 36.1 ................. ................. 42.9 26.51972 ...................... 41.8 43.1 42.1 62.3 39.4 39.9 37.3 ................. ................. 44.7 27.21973 ...................... 44.4 48.8 48.2 64.6 41.2 41.2 38.8 ................. ................. 46.4 29.41974 ...................... 49.3 55.5 55.1 69.4 45.8 45.8 42.4 ................. ................. 49.8 38.11975 ...................... 53.8 60.2 59.8 72.5 50.7 50.1 47.5 ................. ................. 53.9 42.11976 ...................... 56.9 62.1 61.6 75.2 53.8 55.1 52.0 ................. ................. 57.0 45.11977 ...................... 60.6 65.8 65.5 78.6 57.4 59.0 57.0 ................. ................. 60.4 49.41978 ...................... 65.2 72.2 72.0 81.4 62.4 61.7 61.8 ................. ................. 64.3 52.51979 ...................... 72.6 79.9 79.9 84.9 70.1 70.5 67.5 ................. ................. 68.9 65.71980 ...................... 82.4 86.7 86.8 90.9 81.1 83.1 74.9 ................. ................. 75.2 86.01981 ...................... 90.9 93.5 93.6 95.3 90.4 93.2 82.9 ................. ................. 82.6 97.71982 ...................... 96.5 97.3 97.4 97.8 96.9 97.0 92.5 ................. ................. 91.1 99.21983 ...................... 99.6 99.5 99.4 100.2 99.5 99.3 100.6 ................. ................. 101.1 99.91984 ...................... 103.9 103.2 103.2 102.1 103.6 103.7 106.8 ................. ................. 107.9 100.91985 ...................... 107.6 105.6 105.6 105.0 107.7 106.4 113.5 ................. ................. 114.5 101.61986 ...................... 109.6 109.1 109.0 105.9 110.9 102.3 122.0 ................. ................. 121.4 88.21987 ...................... 113.6 113.5 113.5 110.6 114.2 105.4 130.1 ................. ................. 128.5 88.61988 ...................... 118.3 118.2 118.2 115.4 118.5 108.7 138.6 ................. ................. 137.0 89.31989 ...................... 124.0 124.9 125.1 118.6 123.0 114.1 149.3 ................. ................. 147.7 94.31990 ...................... 130.7 132.1 132.4 124.1 128.5 120.5 162.8 ................. ................. 159.0 102.11991 ...................... 136.2 136.8 136.3 128.7 133.6 123.8 177.0 ................. ................. 171.6 102.51992 ...................... 140.3 138.7 137.9 131.9 137.5 126.5 190.1 ................. ................. 183.3 103.01993 ...................... 144.5 141.6 140.9 133.7 141.2 130.4 201.4 90.7 85.5 192.9 104.21994 ...................... 148.2 144.9 144.3 133.4 144.8 134.3 211.0 92.7 88.8 198.5 104.61995 ...................... 152.4 148.9 148.4 132.0 148.5 139.1 220.5 94.5 92.2 206.9 105.21996 ...................... 156.9 153.7 153.3 131.7 152.8 143.0 228.2 97.4 95.3 215.4 110.11997 ...................... 160.5 157.7 157.3 132.9 156.8 144.3 234.6 99.6 98.4 224.8 111.51998 ...................... 163.0 161.1 160.7 133.0 160.4 141.6 242.1 101.1 100.3 237.7 102.91999 ...................... 166.6 164.6 164.1 131.3 163.9 144.4 250.6 102.0 101.2 258.3 106.62000 ...................... 172.2 168.4 167.8 129.6 169.6 153.3 260.8 103.3 102.5 271.1 124.62001 ...................... 177.1 173.6 173.1 127.3 176.4 154.3 272.8 104.9 105.2 282.6 129.32002 ...................... 179.9 176.8 176.2 124.0 180.3 152.9 285.6 106.2 107.9 293.2 121.72003 ...................... 184.0 180.5 180.0 120.9 184.8 157.6 297.1 107.5 109.8 298.7 136.52004 ...................... 188.9 186.6 186.2 120.4 189.5 163.1 310.1 108.6 111.6 304.7 151.42005 ...................... 195.3 191.2 190.7 119.5 195.7 173.9 323.2 109.4 113.7 313.4 177.12006 ...................... 201.6 195.7 195.2 119.5 203.2 180.9 336.2 110.9 116.8 321.7 196.92007 ...................... 207.342 203.300 202.916 118.998 209.586 184.682 351.054 111.443 119.577 333.328 207.7232008 ...................... 215.303 214.225 214.106 118.907 216.264 195.549 364.065 113.254 123.631 345.381 236.6662009 ...................... 214.537 218.249 217.955 120.078 217.057 179.252 375.613 114.272 127.393 368.586 193.1262008: Jan ............. 211.080 208.837 208.618 115.795 212.244 190.839 360.459 112.083 121.762 339.052 219.465

Feb ............. 211.693 209.462 209.166 117.839 213.026 190.520 362.155 112.365 121.766 340.191 219.311Mar ............ 213.528 209.692 209.385 120.881 214.389 195.189 363.000 112.731 121.832 341.827 230.505Apr ............. 214.823 211.365 211.102 122.113 214.890 198.608 363.184 112.874 122.073 343.410 240.194May ............ 216.632 212.251 212.054 120.752 215.809 205.262 363.396 112.987 122.348 344.709 257.106June ........... 218.815 213.383 213.243 117.019 217.941 211.787 363.616 112.991 122.828 345.885 275.621July ............ 219.964 215.326 215.299 114.357 219.610 212.806 363.963 113.277 123.445 346.810 280.833Aug ............. 219.086 216.419 216.422 116.376 219.148 206.739 364.477 113.786 124.653 346.990 266.283Sept ............ 218.783 217.672 217.696 121.168 218.184 203.861 365.036 114.032 125.505 348.166 258.020Oct .............. 216.573 218.705 218.738 122.243 217.383 192.709 365.746 114.169 125.686 349.276 231.561Nov ............. 212.425 218.752 218.749 121.262 216.467 173.644 366.613 114.078 125.758 349.040 189.938Dec ............. 210.228 218.839 218.805 117.078 216.073 164.628 367.133 113.674 125.921 349.220 171.158

2009: Jan ............. 211.143 219.729 219.675 114.764 216.928 166.738 369.830 113.822 126.151 350.259 174.622Feb ............. 212.193 219.333 219.205 118.825 217.180 169.542 372.405 114.461 126.190 351.223 178.741Mar ............ 212.709 218.794 218.600 122.545 217.374 169.647 373.189 114.625 126.187 361.156 177.454Apr ............. 213.240 218.364 218.162 123.208 217.126 171.987 374.170 114.261 126.273 370.606 179.704May ............ 213.856 218.076 217.826 121.751 216.971 175.997 375.026 114.264 126.467 369.901 186.909June ........... 215.693 218.030 217.740 118.799 218.071 183.735 375.093 114.643 126.519 370.595 205.408July ............ 215.351 217.608 217.257 115.620 218.085 182.798 375.739 114.619 126.914 372.894 201.938Aug ............. 215.834 217.701 217.350 117.130 217.827 184.386 376.537 114.755 128.128 372.699 204.971Sept ............ 215.969 217.617 217.218 122.476 217.178 183.932 377.727 114.629 129.035 374.219 202.243Oct .............. 216.177 217.957 217.526 123.998 216.612 185.362 378.552 114.157 129.128 375.444 199.198Nov ............. 216.330 217.733 217.265 122.465 215.808 188.587 379.575 113.820 128.845 376.702 204.026Dec ............. 215.949 218.049 217.637 119.357 215.523 188.318 379.516 113.212 128.883 377.330 202.301

1 Includes alcoholic beverages, not shown separately.2 December 1997=100.3 Household energy—gas (piped), electricity, fuel oil, etc.—and motor fuel. Motor oil, coolant, etc. also included through 1982.Note: Data beginning with 1983 incorporate a rental equivalence measure for homeowners’ costs.Series reflect changes in composition and renaming beginning in 1998, and formula and methodology changes beginning in 1999.Source: Department of Labor (Bureau of Labor Statistics).

Prices

400 | Appendix B

Table B–61. Consumer price indexes for selected expenditure classes, 1965–2009[For all urban consumers; 1982–84=100, except as noted]

Year or month

Food and beverages Housing

Total 1

Food

Total 2

Shelter Fuels and utilities

Total Athome

Awayfromhome

Total 2Rent ofprimary

residence

Owners’equivalent

rent ofprimary

residence 3

Total 2

Household energy

Total 2

Gas(piped)

andelectricity

1965 ...................... ................ 32.2 33.5 28.4 ................. 27.0 40.9 .................... 26.6 ................. 23.51966 ...................... ................ 33.8 35.2 29.7 ................. 27.8 41.5 .................... 26.7 ................. 23.61967 ...................... 35.0 34.1 35.1 31.3 30.8 28.8 42.2 .................... 27.1 21.4 23.71968 ...................... 36.2 35.3 36.3 32.9 32.0 30.1 43.3 .................... 27.4 21.7 23.91969 ...................... 38.1 37.1 38.0 34.9 34.0 32.6 44.7 .................... 28.0 22.1 24.31970 ...................... 40.1 39.2 39.9 37.5 36.4 35.5 46.5 .................... 29.1 23.1 25.41971 ...................... 41.4 40.4 40.9 39.4 38.0 37.0 48.7 .................... 31.1 24.7 27.11972 ...................... 43.1 42.1 42.7 41.0 39.4 38.7 50.4 .................... 32.5 25.7 28.51973 ...................... 48.8 48.2 49.7 44.2 41.2 40.5 52.5 .................... 34.3 27.5 29.91974 ...................... 55.5 55.1 57.1 49.8 45.8 44.4 55.2 .................... 40.7 34.4 34.51975 ...................... 60.2 59.8 61.8 54.5 50.7 48.8 58.0 .................... 45.4 39.4 40.11976 ...................... 62.1 61.6 63.1 58.2 53.8 51.5 61.1 .................... 49.4 43.3 44.71977 ...................... 65.8 65.5 66.8 62.6 57.4 54.9 64.8 .................... 54.7 49.0 50.51978 ...................... 72.2 72.0 73.8 68.3 62.4 60.5 69.3 .................... 58.5 53.0 55.01979 ...................... 79.9 79.9 81.8 75.9 70.1 68.9 74.3 .................... 64.8 61.3 61.01980 ...................... 86.7 86.8 88.4 83.4 81.1 81.0 80.9 .................... 75.4 74.8 71.41981 ...................... 93.5 93.6 94.8 90.9 90.4 90.5 87.9 .................... 86.4 87.2 81.91982 ...................... 97.3 97.4 98.1 95.8 96.9 96.9 94.6 .................... 94.9 95.6 93.21983 ...................... 99.5 99.4 99.1 100.0 99.5 99.1 100.1 102.5 100.2 100.5 101.51984 ...................... 103.2 103.2 102.8 104.2 103.6 104.0 105.3 107.3 104.8 104.0 105.41985 ...................... 105.6 105.6 104.3 108.3 107.7 109.8 111.8 113.2 106.5 104.5 107.11986 ...................... 109.1 109.0 107.3 112.5 110.9 115.8 118.3 119.4 104.1 99.2 105.71987 ...................... 113.5 113.5 111.9 117.0 114.2 121.3 123.1 124.8 103.0 97.3 103.81988 ...................... 118.2 118.2 116.6 121.8 118.5 127.1 127.8 131.1 104.4 98.0 104.61989 ...................... 124.9 125.1 124.2 127.4 123.0 132.8 132.8 137.4 107.8 100.9 107.51990 ...................... 132.1 132.4 132.3 133.4 128.5 140.0 138.4 144.8 111.6 104.5 109.31991 ...................... 136.8 136.3 135.8 137.9 133.6 146.3 143.3 150.4 115.3 106.7 112.61992 ...................... 138.7 137.9 136.8 140.7 137.5 151.2 146.9 155.5 117.8 108.1 114.81993 ...................... 141.6 140.9 140.1 143.2 141.2 155.7 150.3 160.5 121.3 111.2 118.51994 ...................... 144.9 144.3 144.1 145.7 144.8 160.5 154.0 165.8 122.8 111.7 119.21995 ...................... 148.9 148.4 148.8 149.0 148.5 165.7 157.8 171.3 123.7 111.5 119.21996 ...................... 153.7 153.3 154.3 152.7 152.8 171.0 162.0 176.8 127.5 115.2 122.11997 ...................... 157.7 157.3 158.1 157.0 156.8 176.3 166.7 181.9 130.8 117.9 125.11998 ...................... 161.1 160.7 161.1 161.1 160.4 182.1 172.1 187.8 128.5 113.7 121.21999 ...................... 164.6 164.1 164.2 165.1 163.9 187.3 177.5 192.9 128.8 113.5 120.92000 ...................... 168.4 167.8 167.9 169.0 169.6 193.4 183.9 198.7 137.9 122.8 128.02001 ...................... 173.6 173.1 173.4 173.9 176.4 200.6 192.1 206.3 150.2 135.4 142.42002 ...................... 176.8 176.2 175.6 178.3 180.3 208.1 199.7 214.7 143.6 127.2 134.42003 ...................... 180.5 180.0 179.4 182.1 184.8 213.1 205.5 219.9 154.5 138.2 145.02004 ...................... 186.6 186.2 186.2 187.5 189.5 218.8 211.0 224.9 161.9 144.4 150.62005 ...................... 191.2 190.7 189.8 193.4 195.7 224.4 217.3 230.2 179.0 161.6 166.52006 ...................... 195.7 195.2 193.1 199.4 203.2 232.1 225.1 238.2 194.7 177.1 182.12007 ...................... 203.300 202.916 201.245 206.659 209.586 240.611 234.679 246.235 200.632 181.744 186.2622008 ...................... 214.225 214.106 214.125 215.769 216.264 246.666 243.271 252.426 220.018 200.808 202.2122009 ...................... 218.249 217.955 215.124 223.272 217.057 249.354 248.812 256.610 210.696 188.113 193.5632008: Jan ............. 208.837 208.618 207.983 211.070 212.244 243.871 239.850 250.106 204.796 185.107 186.475

Feb ............. 209.462 209.166 208.329 211.878 213.026 244.786 240.325 250.481 205.795 185.994 187.376Mar ............ 209.692 209.385 208.203 212.537 214.389 245.995 240.874 250.966 209.221 189.693 190.105Apr ............. 211.365 211.102 210.851 213.083 214.890 246.004 241.474 251.418 213.302 194.121 194.379May ............ 212.251 212.054 211.863 213.967 215.809 246.069 241.803 251.576 219.881 201.212 200.999June ........... 213.383 213.243 213.171 215.015 217.941 247.083 242.640 252.170 231.412 213.762 213.375July ............ 215.326 215.299 215.785 216.376 219.610 248.075 243.367 252.504 239.039 221.742 221.805Aug ............. 216.419 216.422 217.259 217.063 219.148 247.985 244.181 252.957 235.650 217.455 218.656Sept ............ 217.672 217.696 218.629 218.225 218.184 247.737 244.926 253.493 228.450 209.501 210.950Oct .............. 218.705 218.738 219.660 219.290 217.383 247.844 245.855 253.902 221.199 201.176 203.503Nov ............. 218.752 218.749 219.086 220.043 216.467 247.463 246.681 254.669 216.285 195.599 199.435Dec ............. 218.839 218.805 218.683 220.684 216.073 247.085 247.278 254.875 215.184 194.335 199.487

2009: Jan ............. 219.729 219.675 219.744 221.319 216.928 248.292 247.974 255.500 215.232 194.149 199.791Feb ............. 219.333 219.205 218.389 221.968 217.180 248.878 248.305 255.779 213.520 192.168 197.886Mar ............ 218.794 218.600 217.110 222.216 217.374 249.597 248.639 256.321 210.501 188.736 194.752Apr ............. 218.364 218.162 215.783 222.905 217.126 249.855 248.899 256.622 207.175 184.903 190.686May ............ 218.076 217.826 215.088 223.023 216.971 249.779 249.069 256.875 206.358 183.783 189.619June ........... 218.030 217.740 214.824 223.163 218.071 250.243 249.092 256.981 212.677 190.647 196.754July ............ 217.608 217.257 213.815 223.345 218.085 250.310 248.994 256.872 212.961 190.534 196.767Aug ............. 217.701 217.350 213.722 223.675 217.827 250.248 249.029 257.155 212.661 189.735 195.475Sept ............ 217.617 217.218 213.227 224.003 217.178 249.501 248.965 256.865 211.618 188.509 194.176Oct .............. 217.957 217.526 213.605 224.224 216.612 249.474 248.888 256.890 207.937 184.146 188.963Nov ............. 217.733 217.265 212.816 224.633 215.808 248.211 248.886 256.731 208.955 185.165 189.166Dec ............. 218.049 217.637 213.359 224.789 215.523 247.863 248.999 256.727 208.760 184.886 188.724

1 Includes alcoholic beverages, not shown separately.2 Includes other items not shown separately.3 December 1982=100.See next page for continuation of table.

Prices | 401

Table B–61. Consumer price indexes for selected expenditure classes,1965–2009—Continued

[For all urban consumers; 1982-84=100, except as noted]

Year or month

Transportation Medical care

Total

Private transportationPublictrans-porta-tion

TotalMedical

carecom-

modities

Medicalcare

servicesTotal 2

New vehicles Usedcarsand

trucks

MotorfuelTotal 2 New

cars

1965 ...................... 31.9 32.5 49.8 49.7 29.8 25.1 25.2 25.2 45.0 22.71966 ...................... 32.3 32.9 48.9 48.8 29.0 25.6 26.1 26.3 45.1 23.91967 ...................... 33.3 33.8 49.3 49.3 29.9 26.4 27.4 28.2 44.9 26.01968 ...................... 34.3 34.8 50.7 50.7 ................... 26.8 28.7 29.9 45.0 27.91969 ...................... 35.7 36.0 51.5 51.5 30.9 27.6 30.9 31.9 45.4 30.21970 ...................... 37.5 37.5 53.1 53.0 31.2 27.9 35.2 34.0 46.5 32.31971 ...................... 39.5 39.4 55.3 55.2 33.0 28.1 37.8 36.1 47.3 34.71972 ...................... 39.9 39.7 54.8 54.7 33.1 28.4 39.3 37.3 47.4 35.91973 ...................... 41.2 41.0 54.8 54.8 35.2 31.2 39.7 38.8 47.5 37.51974 ...................... 45.8 46.2 58.0 57.9 36.7 42.2 40.6 42.4 49.2 41.41975 ...................... 50.1 50.6 63.0 62.9 43.8 45.1 43.5 47.5 53.3 46.61976 ...................... 55.1 55.6 67.0 66.9 50.3 47.0 47.8 52.0 56.5 51.31977 ...................... 59.0 59.7 70.5 70.4 54.7 49.7 50.0 57.0 60.2 56.41978 ...................... 61.7 62.5 75.9 75.8 55.8 51.8 51.5 61.8 64.4 61.21979 ...................... 70.5 71.7 81.9 81.8 60.2 70.1 54.9 67.5 69.0 67.21980 ...................... 83.1 84.2 88.5 88.4 62.3 97.4 69.0 74.9 75.4 74.81981 ...................... 93.2 93.8 93.9 93.7 76.9 108.5 85.6 82.9 83.7 82.81982 ...................... 97.0 97.1 97.5 97.4 88.8 102.8 94.9 92.5 92.3 92.61983 ...................... 99.3 99.3 99.9 99.9 98.7 99.4 99.5 100.6 100.2 100.71984 ...................... 103.7 103.6 102.6 102.8 112.5 97.9 105.7 106.8 107.5 106.71985 ...................... 106.4 106.2 106.1 106.1 113.7 98.7 110.5 113.5 115.2 113.21986 ...................... 102.3 101.2 110.6 110.6 108.8 77.1 117.0 122.0 122.8 121.91987 ...................... 105.4 104.2 114.4 114.6 113.1 80.2 121.1 130.1 131.0 130.01988 ...................... 108.7 107.6 116.5 116.9 118.0 80.9 123.3 138.6 139.9 138.31989 ...................... 114.1 112.9 119.2 119.2 120.4 88.5 129.5 149.3 150.8 148.91990 ...................... 120.5 118.8 121.4 121.0 117.6 101.2 142.6 162.8 163.4 162.71991 ...................... 123.8 121.9 126.0 125.3 118.1 99.4 148.9 177.0 176.8 177.11992 ...................... 126.5 124.6 129.2 128.4 123.2 99.0 151.4 190.1 188.1 190.51993 ...................... 130.4 127.5 132.7 131.5 133.9 98.0 167.0 201.4 195.0 202.91994 ...................... 134.3 131.4 137.6 136.0 141.7 98.5 172.0 211.0 200.7 213.41995 ...................... 139.1 136.3 141.0 139.0 156.5 100.0 175.9 220.5 204.5 224.21996 ...................... 143.0 140.0 143.7 141.4 157.0 106.3 181.9 228.2 210.4 232.41997 ...................... 144.3 141.0 144.3 141.7 151.1 106.2 186.7 234.6 215.3 239.11998 ...................... 141.6 137.9 143.4 140.7 150.6 92.2 190.3 242.1 221.8 246.81999 ...................... 144.4 140.5 142.9 139.6 152.0 100.7 197.7 250.6 230.7 255.12000 ...................... 153.3 149.1 142.8 139.6 155.8 129.3 209.6 260.8 238.1 266.02001 ...................... 154.3 150.0 142.1 138.9 158.7 124.7 210.6 272.8 247.6 278.82002 ...................... 152.9 148.8 140.0 137.3 152.0 116.6 207.4 285.6 256.4 292.92003 ...................... 157.6 153.6 137.9 134.7 142.9 135.8 209.3 297.1 262.8 306.02004 ...................... 163.1 159.4 137.1 133.9 133.3 160.4 209.1 310.1 269.3 321.32005 ...................... 173.9 170.2 137.9 135.2 139.4 195.7 217.3 323.2 276.0 336.72006 ...................... 180.9 177.0 137.6 136.4 140.0 221.0 226.6 336.2 285.9 350.62007 ...................... 184.682 180.778 136.254 135.865 135.747 239.070 230.002 351.054 289.999 369.3022008 ...................... 195.549 191.039 134.194 135.401 133.951 279.652 250.549 364.065 296.045 384.9432009 ...................... 179.252 174.762 135.623 136.685 126.973 201.978 236.348 375.613 305.108 397.2992008: Jan ............. 190.839 186.978 136.827 136.363 137.203 260.523 234.334 360.459 295.355 380.135

Feb ............. 190.520 186.571 136.279 136.009 137.248 259.242 235.724 362.155 296.130 382.196Mar ............ 195.189 191.067 135.727 135.645 137.225 278.739 242.929 363.000 297.308 382.872Apr ............. 198.608 194.574 135.175 135.329 136.787 294.291 244.164 363.184 296.951 383.292May ............ 205.262 201.133 134.669 135.144 136.325 322.124 251.600 363.396 294.896 384.505June ........... 211.787 207.257 134.516 135.235 135.980 347.418 264.681 363.616 295.194 384.685July ............ 212.806 208.038 134.397 135.800 135.840 349.731 270.002 363.963 294.777 385.361Aug ............. 206.739 201.779 133.404 135.481 135.405 323.822 268.487 364.477 295.003 385.990Sept ............ 203.861 199.153 132.399 134.994 132.916 315.078 261.318 365.036 295.461 386.579Oct .............. 192.709 187.976 132.264 134.837 129.733 268.537 252.323 365.746 295.791 387.440Nov ............. 173.644 168.527 132.359 135.041 126.869 187.189 243.385 366.613 297.317 387.992Dec ............. 164.628 159.411 132.308 134.930 125.883 149.132 237.638 367.133 298.361 388.267

2009: Jan ............. 166.738 161.788 133.273 135.637 124.863 156.604 234.394 369.830 299.998 391.365Feb ............. 169.542 164.871 134.186 135.984 122.837 167.395 231.529 372.405 302.184 394.047Mar ............ 169.647 165.023 134.611 135.947 121.061 168.404 230.735 373.189 302.908 394.837Apr ............. 171.987 167.516 134.863 136.037 121.213 177.272 229.827 374.170 303.979 395.753May ............ 175.997 171.757 135.162 136.172 122.650 193.609 228.878 375.026 304.697 396.648June ........... 183.735 179.649 135.719 136.486 124.323 225.021 232.540 375.093 304.683 396.750July ............ 182.798 178.330 136.055 136.844 125.061 217.860 238.932 375.739 304.229 397.868Aug ............. 184.386 179.987 134.080 134.666 128.028 225.089 238.997 376.537 305.797 398.303Sept ............ 183.932 179.466 134.576 135.041 129.369 220.690 239.855 377.727 307.671 399.160Oct .............. 185.362 180.896 137.268 137.851 132.689 219.015 241.060 378.552 308.379 400.015Nov ............. 188.587 184.099 138.831 139.821 134.173 228.050 244.226 379.575 308.546 401.392Dec ............. 188.318 183.766 138.857 139.728 137.406 224.730 245.203 379.516 308.221 401.452

Source: Department of Labor (Bureau of Labor Statistics).

402 | Appendix B

Table B–62. Consumer price indexes for commodities, services, and special groups,1965–2009

[For all urban consumers; 1982–84=100, except as noted]

Year or monthAll

items(CPI-U) 1

Commodities

Services

Special indexes All items

Allcom-

modities

Com-modities

lessfood

All itemslessfood

All itemsless

energy

All itemsless

food andenergy

All itemsless

medicalcare

CPI-U-X1(Dec. 1982

= 97.6) 2

CPI-U-RS(Dec. 1977

= 100) 3

C-CPI-U(Dec. 1999

= 100) 4

1965 ...................... 31.5 35.2 37.2 26.6 31.6 32.5 32.7 32.0 34.2 .................... ......................1966 ...................... 32.4 36.1 37.7 27.6 32.3 33.5 33.5 33.0 35.2 .................... ......................1967 ...................... 33.4 36.8 38.6 28.8 33.4 34.4 34.7 33.7 36.3 .................... ......................1968 ...................... 34.8 38.1 40.0 30.3 34.9 35.9 36.3 35.1 37.7 .................... ......................1969 ...................... 36.7 39.9 41.7 32.4 36.8 38.0 38.4 37.0 39.4 .................... ......................1970 ...................... 38.8 41.7 43.4 35.0 39.0 40.3 40.8 39.2 41.3 .................... ......................1971 ...................... 40.5 43.2 45.1 37.0 40.8 42.0 42.7 40.8 43.1 .................... ......................1972 ...................... 41.8 44.5 46.1 38.4 42.0 43.4 44.0 42.1 44.4 .................... ......................1973 ...................... 44.4 47.8 47.7 40.1 43.7 46.1 45.6 44.8 47.2 .................... ......................1974 ...................... 49.3 53.5 52.8 43.8 48.0 50.6 49.4 49.8 51.9 .................... ......................1975 ...................... 53.8 58.2 57.6 48.0 52.5 55.1 53.9 54.3 56.2 .................... ......................1976 ...................... 56.9 60.7 60.5 52.0 56.0 58.2 57.4 57.2 59.4 .................... ......................1977 ...................... 60.6 64.2 63.8 56.0 59.6 61.9 61.0 60.8 63.2 .................... ......................1978 ...................... 65.2 68.8 67.5 60.8 63.9 66.7 65.5 65.4 67.5 104.4 ......................1979 ...................... 72.6 76.6 75.3 67.5 71.2 73.4 71.9 72.9 74.0 114.4 ......................1980 ...................... 82.4 86.0 85.7 77.9 81.5 81.9 80.8 82.8 82.3 127.1 ......................1981 ...................... 90.9 93.2 93.1 88.1 90.4 90.1 89.2 91.4 90.1 139.2 ......................1982 ...................... 96.5 97.0 96.9 96.0 96.3 96.1 95.8 96.8 95.6 147.6 ......................1983 ...................... 99.6 99.8 100.0 99.4 99.7 99.6 99.6 99.6 99.6 153.9 ......................1984 ...................... 103.9 103.2 103.1 104.6 104.0 104.3 104.6 103.7 103.9 160.2 ......................1985 ...................... 107.6 105.4 105.2 109.9 108.0 108.4 109.1 107.2 107.6 165.7 ......................1986 ...................... 109.6 104.4 101.7 115.4 109.8 112.6 113.5 108.8 109.6 168.7 ......................1987 ...................... 113.6 107.7 104.3 120.2 113.6 117.2 118.2 112.6 113.6 174.4 ......................1988 ...................... 118.3 111.5 107.7 125.7 118.3 122.3 123.4 117.0 118.3 180.8 ......................1989 ...................... 124.0 116.7 112.0 131.9 123.7 128.1 129.0 122.4 124.0 188.6 ......................1990 ...................... 130.7 122.8 117.4 139.2 130.3 134.7 135.5 128.8 130.7 198.0 ......................1991 ...................... 136.2 126.6 121.3 146.3 136.1 140.9 142.1 133.8 136.2 205.1 ......................1992 ...................... 140.3 129.1 124.2 152.0 140.8 145.4 147.3 137.5 140.3 210.3 ......................1993 ...................... 144.5 131.5 126.3 157.9 145.1 150.0 152.2 141.2 144.5 215.5 ......................1994 ...................... 148.2 133.8 127.9 163.1 149.0 154.1 156.5 144.7 148.2 220.1 ......................1995 ...................... 152.4 136.4 129.8 168.7 153.1 158.7 161.2 148.6 152.4 225.4 ......................1996 ...................... 156.9 139.9 132.6 174.1 157.5 163.1 165.6 152.8 156.9 231.4 ......................1997 ...................... 160.5 141.8 133.4 179.4 161.1 167.1 169.5 156.3 160.5 236.4 ......................1998 ...................... 163.0 141.9 132.0 184.2 163.4 170.9 173.4 158.6 163.0 239.7 ......................1999 ...................... 166.6 144.4 134.0 188.8 167.0 174.4 177.0 162.0 166.6 244.7 ......................2000 ...................... 172.2 149.2 139.2 195.3 173.0 178.6 181.3 167.3 172.2 252.9 102.02001 ...................... 177.1 150.7 138.9 203.4 177.8 183.5 186.1 171.9 177.1 260.0 104.32002 ...................... 179.9 149.7 136.0 209.8 180.5 187.7 190.5 174.3 179.9 264.2 105.62003 ...................... 184.0 151.2 136.5 216.5 184.7 190.6 193.2 178.1 184.0 270.1 107.82004 ...................... 188.9 154.7 138.8 222.8 189.4 194.4 196.6 182.7 188.9 277.4 110.52005 ...................... 195.3 160.2 144.5 230.1 196.0 198.7 200.9 188.7 195.3 286.7 113.72006 ...................... 201.6 164.0 148.0 238.9 202.7 203.7 205.9 194.7 201.6 296.1 117.02007 ...................... 207.342 167.509 149.720 246.848 208.098 208.925 210.729 200.080 207.342 304.5 119.9572008 ...................... 215.303 174.764 155.310 255.498 215.528 214.751 215.572 207.777 215.303 316.2 123.8802009 ...................... 214.537 169.698 147.071 259.154 214.008 218.433 219.235 206.555 214.537 315.0 .......................2008: Jan ............. 211.080 171.179 152.531 250.648 211.512 211.846 213.138 203.569 211.080 310.0 121.868

Feb ............. 211.693 171.530 152.799 251.527 212.136 212.545 213.866 204.136 211.693 310.9 122.224Mar ............ 213.528 173.884 155.881 252.817 214.236 213.420 214.866 205.992 213.528 313.6 123.177Apr ............. 214.823 175.838 157.870 253.426 215.462 213.851 215.059 207.317 214.823 315.5 123.817May ............ 216.632 178.341 160.880 254.509 217.411 214.101 215.180 209.170 216.632 318.1 124.617June ........... 218.815 180.534 163.385 256.668 219.757 214.600 215.553 211.408 218.815 321.3 125.554July ............ 219.964 181.087 163.364 258.422 220.758 215.335 216.045 212.576 219.964 323.0 126.088Aug ............. 219.086 179.148 160.341 258.638 219.552 215.873 216.476 211.653 219.086 321.7 125.815Sept ............ 218.783 179.117 159.825 258.059 218.991 216.397 216.862 211.321 218.783 321.3 125.746Oct .............. 216.573 175.257 154.250 257.559 216.250 216.695 217.023 209.021 216.573 318.0 124.757Nov ............. 212.425 167.673 144.055 256.967 211.421 216.417 216.690 204.721 212.425 311.9 122.257Dec ............. 210.228 163.582 138.536 256.731 208.855 215.930 216.100 202.442 210.228 308.7 120.634

2009: Jan ............. 211.143 164.360 139.258 257.780 209.777 216.586 216.719 203.281 211.143 310.1 121.208Feb ............. 212.193 165.891 141.491 258.328 211.076 217.325 217.685 204.265 212.193 311.6 121.901Mar ............ 212.709 166.645 142.728 258.597 211.775 218.033 218.639 204.766 212.709 312.4 122.182Apr ............. 213.240 167.816 144.464 258.466 212.464 218.388 219.143 205.275 213.240 313.1 122.506May ............ 213.856 169.060 146.261 258.433 213.236 218.323 219.128 205.876 213.856 314.0 122.898June ........... 215.693 171.593 149.697 259.544 215.389 218.440 219.283 207.764 215.693 316.7 123.967July ............ 215.351 170.483 148.386 259.992 215.069 218.421 219.350 207.388 215.351 316.2 123.711Aug ............. 215.834 171.081 149.155 260.355 215.617 218.642 219.596 207.855 215.834 316.9 123.955Sept ............ 215.969 171.559 149.846 260.136 215.795 219.076 220.137 207.949 215.969 317.1 124.021Oct .............. 216.177 172.252 150.663 259.844 215.986 219.624 220.731 208.131 216.177 317.5 124.179Nov ............. 216.330 173.061 151.847 259.323 216.207 219.291 220.384 208.250 216.330 317.7 124.231Dec ............. 215.949 172.572 151.052 259.055 215.703 219.048 220.025 207.860 215.949 317.1 123.965

1 Consumer price index, all urban consumers.2 CPI-U-X1 reflects a rental equivalence approach to homeowners’ costs for the CPI-U for years prior to 1983, the first year for which the official index

incorporates such a measure. CPI-U-X1 is rebased to the December 1982 value of the CPI-U (1982–84=100) and is identical with CPI-U data from December 1982forward. Data prior to 1967 estimated by moving the series at the same rate as the CPI-U for each year.

3 Consumer price index research series (CPI-U-RS) using current methods introduced in June 1999. Data for 2009 are preliminary. All data are subject torevision annually.

4 Chained consumer price index (C-CPI-U) introduced in August 2002. Data for 2008 and 2009 are subject to revision.Source: Department of Labor (Bureau of Labor Statistics).

Prices | 403

Table B–63. Changes in special consumer price indexes, 1965–2009[For all urban consumers; percent change]

Year or month

All items All items lessfood

All items lessenergy

All items lessfood and energy

All items lessmedical care

Dec.to

Dec. 1

Yearto

year

Dec.to

Dec. 1

Yearto

year

Dec.to

Dec. 1

Yearto

year

Dec.to

Dec. 1

Yearto

year

Dec.to

Dec. 1

Yearto

year

1965 ....................................... 1.9 1.6 1.6 1.6 1.9 1.6 1.5 1.2 1.9 1.61966 ....................................... 3.5 2.9 3.5 2.2 3.4 3.1 3.3 2.4 3.4 3.11967 ....................................... 3.0 3.1 3.3 3.4 3.2 2.7 3.8 3.6 2.7 2.11968 ....................................... 4.7 4.2 5.0 4.5 4.9 4.4 5.1 4.6 4.7 4.21969 ....................................... 6.2 5.5 5.6 5.4 6.5 5.8 6.2 5.8 6.1 5.41970 ....................................... 5.6 5.7 6.6 6.0 5.4 6.1 6.6 6.3 5.2 5.91971 ....................................... 3.3 4.4 3.0 4.6 3.4 4.2 3.1 4.7 3.2 4.11972 ....................................... 3.4 3.2 2.9 2.9 3.5 3.3 3.0 3.0 3.4 3.21973 ....................................... 8.7 6.2 5.6 4.0 8.2 6.2 4.7 3.6 9.1 6.41974 ....................................... 12.3 11.0 12.2 9.8 11.7 9.8 11.1 8.3 12.2 11.21975 ....................................... 6.9 9.1 7.3 9.4 6.6 8.9 6.7 9.1 6.7 9.01976 ....................................... 4.9 5.8 6.1 6.7 4.8 5.6 6.1 6.5 4.5 5.31977 ....................................... 6.7 6.5 6.4 6.4 6.7 6.4 6.5 6.3 6.7 6.31978 ....................................... 9.0 7.6 8.3 7.2 9.1 7.8 8.5 7.4 9.1 7.61979 ....................................... 13.3 11.3 14.0 11.4 11.1 10.0 11.3 9.8 13.4 11.51980 ....................................... 12.5 13.5 13.0 14.5 11.7 11.6 12.2 12.4 12.5 13.61981 ....................................... 8.9 10.3 9.8 10.9 8.5 10.0 9.5 10.4 8.8 10.41982 ....................................... 3.8 6.2 4.1 6.5 4.2 6.7 4.5 7.4 3.6 5.91983 ....................................... 3.8 3.2 4.1 3.5 4.5 3.6 4.8 4.0 3.6 2.91984 ....................................... 3.9 4.3 3.9 4.3 4.4 4.7 4.7 5.0 3.9 4.11985 ....................................... 3.8 3.6 4.1 3.8 4.0 3.9 4.3 4.3 3.5 3.41986 ....................................... 1.1 1.9 .5 1.7 3.8 3.9 3.8 4.0 .7 1.51987 ....................................... 4.4 3.6 4.6 3.5 4.1 4.1 4.2 4.1 4.3 3.51988 ....................................... 4.4 4.1 4.2 4.1 4.7 4.4 4.7 4.4 4.2 3.91989 ....................................... 4.6 4.8 4.5 4.6 4.6 4.7 4.4 4.5 4.5 4.61990 ....................................... 6.1 5.4 6.3 5.3 5.2 5.2 5.2 5.0 5.9 5.21991 ....................................... 3.1 4.2 3.3 4.5 3.9 4.6 4.4 4.9 2.7 3.91992 ....................................... 2.9 3.0 3.2 3.5 3.0 3.2 3.3 3.7 2.7 2.81993 ....................................... 2.7 3.0 2.7 3.1 3.1 3.2 3.2 3.3 2.6 2.71994 ....................................... 2.7 2.6 2.6 2.7 2.6 2.7 2.6 2.8 2.5 2.51995 ....................................... 2.5 2.8 2.7 2.8 2.9 3.0 3.0 3.0 2.5 2.71996 ....................................... 3.3 3.0 3.1 2.9 2.9 2.8 2.6 2.7 3.3 2.81997 ....................................... 1.7 2.3 1.8 2.3 2.1 2.5 2.2 2.4 1.6 2.31998 ....................................... 1.6 1.6 1.5 1.4 2.4 2.3 2.4 2.3 1.5 1.51999 ....................................... 2.7 2.2 2.8 2.2 2.0 2.0 1.9 2.1 2.6 2.12000 ....................................... 3.4 3.4 3.5 3.6 2.6 2.4 2.6 2.4 3.3 3.32001 ....................................... 1.6 2.8 1.3 2.8 2.8 2.7 2.7 2.6 1.4 2.72002 ....................................... 2.4 1.6 2.6 1.5 1.8 2.3 1.9 2.4 2.2 1.42003 ....................................... 1.9 2.3 1.5 2.3 1.5 1.5 1.1 1.4 1.8 2.22004 ....................................... 3.3 2.7 3.4 2.5 2.2 2.0 2.2 1.8 3.2 2.62005 ....................................... 3.4 3.4 3.6 3.5 2.2 2.2 2.2 2.2 3.3 3.32006 ....................................... 2.5 3.2 2.6 3.4 2.5 2.5 2.6 2.5 2.5 3.22007 ....................................... 4.1 2.8 4.0 2.7 2.8 2.6 2.4 2.3 4.0 2.82008 ....................................... .1 3.8 –.8 3.6 2.4 2.8 1.8 2.3 –.1 3.82009 ....................................... 2.7 –.4 3.3 –.7 1.4 1.7 1.8 1.7 2.7 –.6

Percent change from preceding month

Unad-justed

Seasonallyadjusted

Unad-justed

Seasonallyadjusted

Unad-justed

Seasonallyadjusted

Unad-justed

Seasonallyadjusted

Unad-justed

Seasonallyadjusted

2008: Jan .............................. 0.5 0.4 0.4 0.3 0.5 0.3 0.4 0.3 0.5 0.3Feb .............................. .3 .2 .3 .1 .3 .1 .3 .1 .3 .2Mar ............................. .9 .4 1.0 .4 .4 .2 .5 .2 .9 .4Apr .............................. .6 .2 .6 .0 .2 .2 .1 .1 .6 .2May ............................. .8 .5 .9 .5 .1 .2 .1 .2 .9 .5June ............................ 1.0 .9 1.1 1.0 .2 .3 .2 .3 1.1 1.0July ............................. .5 .7 .5 .7 .3 .4 .2 .3 .6 .8Aug .............................. –.4 .0 –.5 –.1 .2 .2 .2 .2 –.4 .0Sept ............................. –.1 .0 –.3 .0 .2 .2 .2 .1 –.2 .0Oct ............................... –1.0 –.8 –1.3 –1.0 .1 .1 .1 .0 –1.1 –.9Nov .............................. –1.9 –1.7 –2.2 –2.0 –.1 .1 –.2 .1 –2.1 –1.8Dec .............................. –1.0 –.8 –1.2 –.9 –.2 .0 –.3 .0 –1.1 –.9

2009: Jan .............................. .4 .3 .4 .3 .3 .2 .3 .2 .4 .3Feb .............................. .5 .4 .6 .5 .3 .1 .4 .2 .5 .4Mar ............................. .2 –.1 .3 –.1 .3 .1 .4 .2 .2 –.2Apr .............................. .2 .0 .3 .0 .2 .2 .2 .3 .2 .0May ............................. .3 .1 .4 .2 .0 .1 .0 .1 .3 .1June ............................ .9 .7 1.0 .9 .1 .2 .1 .2 .9 .8July ............................. –.2 .0 –.1 .0 .0 .0 .0 .1 –.2 .0Aug .............................. .2 .4 .3 .5 .1 .1 .1 .1 .2 .5Sept ............................. .1 .2 .1 .2 .2 .1 .2 .2 .0 .2Oct ............................... .1 .3 .1 .3 .3 .2 .3 .2 .1 .3Nov .............................. .1 .4 .1 .5 –.2 .0 –.2 .0 .1 .4Dec .............................. –.2 .1 –.2 .1 –.1 .1 –.2 .1 –.2 .1

1 Changes from December to December are based on unadjusted indexes.Source: Department of Labor (Bureau of Labor Statistics).

404 | Appendix B

Table B–64. Changes in consumer price indexes for commodities and services, 1933–2009[For all urban consumers: percent change]

Year

All items Commodities Services Medical care 2 Energy 3

Dec.to

Dec. 1

Yearto

year

Total Food Total Medical careDec.

toDec. 1

Yearto

year

Dec.to

Dec. 1

Yearto

yearDec.

toDec. 1

Yearto

year

Dec.to

Dec. 1

Yearto

year

Dec.to

Dec. 1

Yearto

year

Dec.to

Dec. 1

Yearto

year

1933 ...................... 0.8 –5.1 ............. ............. 6.9 –2.8 ............. ............. ............. ............ ............. ............ ............. ..............1939 ...................... .0 –1.4 –0.7 –2.0 –2.5 –2.5 0.0 0.0 1.2 1.2 1.0 0.0 ............. ..............1940 ...................... .7 .7 1.4 .7 2.5 1.7 .8 .8 .0 .0 .0 1.0 ............. ..............1941 ...................... 9.9 5.0 13.3 6.7 15.7 9.2 2.4 .8 1.2 .0 1.0 .0 ............. ..............1942 ...................... 9.0 10.9 12.9 14.5 17.9 17.6 2.3 3.1 3.5 3.5 3.8 2.9 ............. ..............1943 ...................... 3.0 6.1 4.2 9.3 3.0 11.0 2.3 2.3 5.6 4.5 4.6 4.7 ............. ..............1944 ...................... 2.3 1.7 2.0 1.0 .0 –1.2 2.2 2.2 3.2 4.3 2.6 3.6 ............. ..............1945 ...................... 2.2 2.3 2.9 3.0 3.5 2.4 .7 1.5 3.1 3.1 2.6 2.6 ............. ..............1946 ...................... 18.1 8.3 24.8 10.6 31.3 14.5 3.6 1.4 9.0 5.1 8.3 5.0 ............. ..............1947 ...................... 8.8 14.4 10.3 20.5 11.3 21.7 5.6 4.3 6.4 8.7 6.9 8.0 ............. ..............1948 ...................... 3.0 8.1 1.7 7.2 –.8 8.3 5.9 6.1 6.9 7.1 5.8 6.7 ............. ..............1949 ...................... –2.1 –1.2 –4.1 –2.7 –3.9 –4.2 3.7 5.1 1.6 3.3 1.4 2.8 ............. ..............1950 ...................... 5.9 1.3 7.8 .7 9.8 1.6 3.6 3.0 4.0 2.4 3.4 2.0 ............. ..............1951 ...................... 6.0 7.9 5.9 9.0 7.1 11.0 5.2 5.3 5.3 4.7 5.8 5.3 ............. ..............1952 ...................... .8 1.9 –.9 1.3 –1.0 1.8 4.4 4.5 5.8 6.7 4.3 5.0 ............. ..............1953 ...................... .7 .8 –.3 –.3 –1.1 –1.4 4.2 4.3 3.4 3.5 3.5 3.6 ............. ..............1954 ...................... –.7 .7 –1.6 –.9 –1.8 –.4 2.0 3.1 2.6 3.4 2.3 2.9 ............. ..............1955 ...................... .4 –.4 –.3 –.9 –.7 –1.4 2.0 2.0 3.2 2.6 3.3 2.2 ............. ..............1956 ...................... 3.0 1.5 2.6 1.0 2.9 .7 3.4 2.5 3.8 3.8 3.2 3.8 ............. ..............1957 ...................... 2.9 3.3 2.8 3.2 2.8 3.2 4.2 4.3 4.8 4.3 4.7 4.2 ............. ..............1958 ...................... 1.8 2.8 1.2 2.1 2.4 4.5 2.7 3.7 4.6 5.3 4.5 4.6 –0.9 0.01959 ...................... 1.7 .7 .6 .0 –1.0 –1.7 3.9 3.1 4.9 4.5 3.8 4.4 4.7 1.91960 ...................... 1.4 1.7 1.2 .9 3.1 1.0 2.5 3.4 3.7 4.3 3.2 3.7 1.3 2.31961 ...................... .7 1.0 .0 .6 –.7 1.3 2.1 1.7 3.5 3.6 3.1 2.7 –1.3 .41962 ...................... 1.3 1.0 .9 .9 1.3 .7 1.6 2.0 2.9 3.5 2.2 2.6 2.2 .41963 ...................... 1.6 1.3 1.5 .9 2.0 1.6 2.4 2.0 2.8 2.9 2.5 2.6 –.9 .01964 ...................... 1.0 1.3 .9 1.2 1.3 1.3 1.6 2.0 2.3 2.3 2.1 2.1 .0 –.41965 ...................... 1.9 1.6 1.4 1.1 3.5 2.2 2.7 2.3 3.6 3.2 2.8 2.4 1.8 1.81966 ...................... 3.5 2.9 2.5 2.6 4.0 5.0 4.8 3.8 8.3 5.3 6.7 4.4 1.7 1.71967 ...................... 3.0 3.1 2.5 1.9 1.2 .9 4.3 4.3 8.0 8.8 6.3 7.2 1.7 2.11968 ...................... 4.7 4.2 4.0 3.5 4.4 3.5 5.8 5.2 7.1 7.3 6.2 6.0 1.7 1.71969 ...................... 6.2 5.5 5.4 4.7 7.0 5.1 7.7 6.9 7.3 8.2 6.2 6.7 2.9 2.51970 ...................... 5.6 5.7 3.9 4.5 2.3 5.7 8.1 8.0 8.1 7.0 7.4 6.6 4.8 2.81971 ...................... 3.3 4.4 2.8 3.6 4.3 3.1 4.1 5.7 5.4 7.4 4.6 6.2 3.1 3.91972 ...................... 3.4 3.2 3.4 3.0 4.6 4.2 3.4 3.8 3.7 3.5 3.3 3.3 2.6 2.61973 ...................... 8.7 6.2 10.4 7.4 20.3 14.5 6.2 4.4 6.0 4.5 5.3 4.0 17.0 8.11974 ...................... 12.3 11.0 12.8 11.9 12.0 14.3 11.4 9.2 13.2 10.4 12.6 9.3 21.6 29.61975 ...................... 6.9 9.1 6.2 8.8 6.6 8.5 8.2 9.6 10.3 12.6 9.8 12.0 11.4 10.51976 ...................... 4.9 5.8 3.3 4.3 .5 3.0 7.2 8.3 10.8 10.1 10.0 9.5 7.1 7.11977 ...................... 6.7 6.5 6.1 5.8 8.1 6.3 8.0 7.7 9.0 9.9 8.9 9.6 7.2 9.51978 ...................... 9.0 7.6 8.8 7.2 11.8 9.9 9.3 8.6 9.3 8.5 8.8 8.4 7.9 6.31979 ...................... 13.3 11.3 13.0 11.3 10.2 11.0 13.6 11.0 10.5 9.8 10.1 9.2 37.5 25.11980 ...................... 12.5 13.5 11.0 12.3 10.2 8.6 14.2 15.4 10.1 11.3 9.9 11.0 18.0 30.91981 ...................... 8.9 10.3 6.0 8.4 4.3 7.8 13.0 13.1 12.6 10.7 12.5 10.7 11.9 13.61982 ...................... 3.8 6.2 3.6 4.1 3.1 4.1 4.3 9.0 11.2 11.8 11.0 11.6 1.3 1.51983 ...................... 3.8 3.2 2.9 2.9 2.7 2.1 4.8 3.5 6.2 8.7 6.4 8.8 –.5 .71984 ...................... 3.9 4.3 2.7 3.4 3.8 3.8 5.4 5.2 5.8 6.0 6.1 6.2 .2 1.01985 ...................... 3.8 3.6 2.5 2.1 2.6 2.3 5.1 5.1 6.8 6.1 6.8 6.3 1.8 .71986 ...................... 1.1 1.9 –2.0 –.9 3.8 3.2 4.5 5.0 7.9 7.7 7.7 7.5 –19.7 –13.21987 ...................... 4.4 3.6 4.6 3.2 3.5 4.1 4.3 4.2 5.6 6.6 5.8 6.6 8.2 .51988 ...................... 4.4 4.1 3.8 3.5 5.2 4.1 4.8 4.6 6.9 6.4 6.9 6.5 .5 .81989 ...................... 4.6 4.8 4.1 4.7 5.6 5.8 5.1 4.9 8.6 7.7 8.5 7.7 5.1 5.61990 ...................... 6.1 5.4 6.6 5.2 5.3 5.8 5.7 5.5 9.9 9.3 9.6 9.0 18.1 8.31991 ...................... 3.1 4.2 1.2 3.1 1.9 2.9 4.6 5.1 8.0 8.9 7.9 8.7 –7.4 .41992 ...................... 2.9 3.0 2.0 2.0 1.5 1.2 3.6 3.9 7.0 7.6 6.6 7.4 2.0 .51993 ...................... 2.7 3.0 1.5 1.9 2.9 2.2 3.8 3.9 5.9 6.5 5.4 5.9 –1.4 1.21994 ...................... 2.7 2.6 2.3 1.7 2.9 2.4 2.9 3.3 5.4 5.2 4.9 4.8 2.2 .41995 ...................... 2.5 2.8 1.4 1.9 2.1 2.8 3.5 3.4 4.4 5.1 3.9 4.5 –1.3 .61996 ...................... 3.3 3.0 3.2 2.6 4.3 3.3 3.3 3.2 3.2 3.7 3.0 3.5 8.6 4.71997 ...................... 1.7 2.3 .2 1.4 1.5 2.6 2.8 3.0 2.9 2.9 2.8 2.8 –3.4 1.31998 ...................... 1.6 1.6 .4 .1 2.3 2.2 2.6 2.7 3.2 3.2 3.4 3.2 –8.8 –7.71999 ...................... 2.7 2.2 2.7 1.8 1.9 2.1 2.6 2.5 3.6 3.4 3.7 3.5 13.4 3.62000 ...................... 3.4 3.4 2.7 3.3 2.8 2.3 3.9 3.4 4.6 4.3 4.2 4.1 14.2 16.92001 ...................... 1.6 2.8 –1.4 1.0 2.8 3.2 3.7 4.1 4.8 4.8 4.7 4.6 –13.0 3.82002 ...................... 2.4 1.6 1.2 –.7 1.5 1.8 3.2 3.1 5.6 5.1 5.0 4.7 10.7 –5.92003 ...................... 1.9 2.3 .5 1.0 3.6 2.2 2.8 3.2 4.2 4.5 3.7 4.0 6.9 12.22004 ...................... 3.3 2.7 3.6 2.3 2.7 3.4 3.1 2.9 4.9 5.0 4.2 4.4 16.6 10.92005 ...................... 3.4 3.4 2.7 3.6 2.3 2.4 3.8 3.3 4.5 4.8 4.3 4.2 17.1 17.02006 ...................... 2.5 3.2 1.3 2.4 2.1 2.4 3.4 3.8 4.1 4.1 3.6 4.0 2.9 11.22007 ...................... 4.1 2.8 5.2 2.1 4.9 4.0 3.3 3.3 5.9 5.3 5.2 4.4 17.4 5.52008 ...................... .1 3.8 –4.1 4.3 5.9 5.5 3.0 3.5 3.0 4.2 2.6 3.7 –21.3 13.92009 ...................... 2.7 –.4 5.5 –2.9 –.5 1.8 .9 1.4 3.4 3.2 3.4 3.2 18.2 –18.4

1 Changes from December to December are based on unadjusted indexes.2 Commodities and services.3 Household energy—gas (piped), electricity, fuel oil, etc.—and motor fuel. Motor oil, coolant, etc. also included through 1982.Source: Department of Labor (Bureau of Labor Statistics).

Prices | 405

Table B–65. Producer price indexes by stage of processing, 1965–2009[1982=100]

Year or month

Finished goods

Totalfinishedgoods

Consumer foods Finished goods excluding consumer foodsTotal

finishedconsumer

goodsTotal Crude Processed TotalConsumer goods Capital

equipmentTotal Durable Nondurable

1965 ...................... 34.1 36.8 39.0 36.8 ................... 33.6 43.2 28.8 33.8 34.21966 ...................... 35.2 39.2 41.5 39.2 ................... 34.1 43.4 29.3 34.6 35.41967 ...................... 35.6 38.5 39.6 38.8 35.0 34.7 44.1 30.0 35.8 35.61968 ...................... 36.6 40.0 42.5 40.0 35.9 35.5 45.1 30.6 37.0 36.51969 ...................... 38.0 42.4 45.9 42.3 36.9 36.3 45.9 31.5 38.3 37.91970 ...................... 39.3 43.8 46.0 43.9 38.2 37.4 47.2 32.5 40.1 39.11971 ...................... 40.5 44.5 45.8 44.7 39.6 38.7 48.9 33.5 41.7 40.21972 ...................... 41.8 46.9 48.0 47.2 40.4 39.4 50.0 34.1 42.8 41.51973 ...................... 45.6 56.5 63.6 55.8 42.0 41.2 50.9 36.1 44.2 46.01974 ...................... 52.6 64.4 71.6 63.9 48.8 48.2 55.5 44.0 50.5 53.11975 ...................... 58.2 69.8 71.7 70.3 54.7 53.2 61.0 48.9 58.2 58.21976 ...................... 60.8 69.6 76.7 69.0 58.1 56.5 63.7 52.4 62.1 60.41977 ...................... 64.7 73.3 79.5 72.7 62.2 60.6 67.4 56.8 66.1 64.31978 ...................... 69.8 79.9 85.8 79.4 66.7 64.9 73.6 60.0 71.3 69.41979 ...................... 77.6 87.3 92.3 86.8 74.6 73.5 80.8 69.3 77.5 77.51980 ...................... 88.0 92.4 93.9 92.3 86.7 87.1 91.0 85.1 85.8 88.61981 ...................... 96.1 97.8 104.4 97.2 95.6 96.1 96.4 95.8 94.6 96.61982 ...................... 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.01983 ...................... 101.6 101.0 102.4 100.9 101.8 101.2 102.8 100.5 102.8 101.31984 ...................... 103.7 105.4 111.4 104.9 103.2 102.2 104.5 101.1 105.2 103.31985 ...................... 104.7 104.6 102.9 104.8 104.6 103.3 106.5 101.7 107.5 103.81986 ...................... 103.2 107.3 105.6 107.4 101.9 98.5 108.9 93.3 109.7 101.41987 ...................... 105.4 109.5 107.1 109.6 104.0 100.7 111.5 94.9 111.7 103.61988 ...................... 108.0 112.6 109.8 112.7 106.5 103.1 113.8 97.3 114.3 106.21989 ...................... 113.6 118.7 119.6 118.6 111.8 108.9 117.6 103.8 118.8 112.11990 ...................... 119.2 124.4 123.0 124.4 117.4 115.3 120.4 111.5 122.9 118.21991 ...................... 121.7 124.1 119.3 124.4 120.9 118.7 123.9 115.0 126.7 120.51992 ...................... 123.2 123.3 107.6 124.4 123.1 120.8 125.7 117.3 129.1 121.71993 ...................... 124.7 125.7 114.4 126.5 124.4 121.7 128.0 117.6 131.4 123.01994 ...................... 125.5 126.8 111.3 127.9 125.1 121.6 130.9 116.2 134.1 123.31995 ...................... 127.9 129.0 118.8 129.8 127.5 124.0 132.7 118.8 136.7 125.61996 ...................... 131.3 133.6 129.2 133.8 130.5 127.6 134.2 123.3 138.3 129.51997 ...................... 131.8 134.5 126.6 135.1 130.9 128.2 133.7 124.3 138.2 130.21998 ...................... 130.7 134.3 127.2 134.8 129.5 126.4 132.9 122.2 137.6 128.91999 ...................... 133.0 135.1 125.5 135.9 132.3 130.5 133.0 127.9 137.6 132.02000 ...................... 138.0 137.2 123.5 138.3 138.1 138.4 133.9 138.7 138.8 138.22001 ...................... 140.7 141.3 127.7 142.4 140.4 141.4 134.0 142.8 139.7 141.52002 ...................... 138.9 140.1 128.5 141.0 138.3 138.8 133.0 139.8 139.1 139.42003 ...................... 143.3 145.9 130.0 147.2 142.4 144.7 133.1 148.4 139.5 145.32004 ...................... 148.5 152.7 138.2 153.9 147.2 150.9 135.0 156.6 141.4 151.72005 ...................... 155.7 155.7 140.2 156.9 155.5 161.9 136.6 172.0 144.6 160.42006 ...................... 160.4 156.7 151.3 157.1 161.0 169.2 136.9 182.6 146.9 166.02007 ...................... 166.6 167.0 170.2 166.7 166.2 175.6 138.3 191.7 149.5 173.52008 ...................... 177.1 178.3 175.5 178.6 176.6 189.1 141.2 210.5 153.8 186.32009 p .................... 172.6 175.5 157.8 177.3 171.2 179.6 144.3 194.3 156.8 179.22008: Jan ............. 172.0 174.5 199.3 172.1 171.0 181.9 140.1 200.3 151.4 180.1

Feb ............. 172.3 173.6 180.6 173.0 171.7 182.7 140.2 201.4 151.8 180.4Mar ............ 175.1 176.0 194.3 174.2 174.6 187.1 139.9 208.2 151.8 184.2Apr ............. 176.5 175.5 177.6 175.3 176.4 189.6 140.5 211.7 152.4 185.8May ............ 179.8 177.6 172.1 178.2 180.1 195.0 140.3 220.0 152.7 190.3June ........... 182.4 180.0 183.0 179.7 182.8 199.0 139.7 226.4 152.7 193.8July ............ 185.1 181.0 164.1 182.7 185.9 203.4 139.6 233.1 153.3 197.2Aug ............. 182.2 181.3 159.8 183.5 182.2 197.5 140.2 223.9 153.9 193.2Sept ............ 182.2 181.5 168.9 182.8 182.1 197.2 140.3 223.4 154.3 193.0Oct .............. 177.4 180.7 170.0 181.8 176.3 187.0 144.8 205.4 157.0 185.5Nov ............. 172.0 179.8 175.2 180.3 169.6 177.0 144.2 190.6 156.9 178.2Dec ............. 168.8 177.7 161.7 179.4 166.1 171.5 144.4 182.1 157.2 173.7

2009: Jan ............. 170.4 177.7 169.7 178.4 168.0 174.4 144.3 186.5 157.4 175.8Feb ............. 169.9 175.0 155.6 177.0 168.0 174.5 144.3 186.6 157.2 175.2Mar ............ 169.1 173.8 155.0 175.8 167.2 173.5 144.1 185.2 156.9 174.2Apr ............. 170.3 175.9 165.4 176.9 168.3 175.2 144.4 187.7 156.8 176.0May ............ 171.1 174.0 134.6 178.3 169.7 177.5 144.2 191.2 156.3 177.3June ........... 174.3 176.1 156.2 178.2 173.1 182.7 144.7 198.7 156.6 181.7July ............ 172.4 173.5 141.8 177.0 171.3 180.2 143.3 195.7 155.9 179.2Aug ............. 174.2 173.9 145.5 177.0 173.4 183.3 143.8 200.1 156.4 181.6Sept 1 ......... 173.4 173.9 145.0 177.0 172.5 181.9 143.1 198.4 156.1 180.6Oct 1 ........... 174.1 175.9 165.4 176.9 172.9 182.0 145.0 197.6 157.2 181.2Nov 1 .......... 176.2 176.8 173.4 177.0 175.2 185.3 145.6 202.2 157.6 183.9Dec 1 ........... 176.2 179.7 186.6 178.7 174.6 184.6 144.9 201.4 157.2 184.1

1 Data have been revised through August 2009; data are subject to revision four months after date of original publication.See next page for continuation of table.

406 | Appendix B

Table B–65. Producer price indexes by stage of processing, 1965–2009—Continued[1982=100]

Year or month

Intermediate materials, supplies, and components Crude materials for further processing

TotalFoodsand

feeds 2Other

Materials andcomponents Proc-

essedfuelsand

lubri-cants

Con-tainers Supplies Total

Food-stuffsand

feed-stuffs

Other

Formanu-factur-

ing

Forcon-

struc-tion

Total Fuel Other

1965 ...................... 31.2 .............. 30.7 33.6 32.8 16.5 33.5 35.0 31.1 39.2 .............. 10.6 27.71966 ...................... 32.0 .............. 31.3 34.3 33.6 16.8 34.5 36.5 33.1 42.7 .............. 10.9 28.31967 ...................... 32.2 41.8 31.7 34.5 34.0 16.9 35.0 36.8 31.3 40.3 21.1 11.3 26.51968 ...................... 33.0 41.5 32.5 35.3 35.7 16.5 35.9 37.1 31.8 40.9 21.6 11.5 27.11969 ...................... 34.1 42.9 33.6 36.5 37.7 16.6 37.2 37.8 33.9 44.1 22.5 12.0 28.41970 ...................... 35.4 45.6 34.8 38.0 38.3 17.7 39.0 39.7 35.2 45.2 23.8 13.8 29.11971 ...................... 36.8 46.7 36.2 38.9 40.8 19.5 40.8 40.8 36.0 46.1 24.7 15.7 29.41972 ...................... 38.2 49.5 37.7 40.4 43.0 20.1 42.7 42.5 39.9 51.5 27.0 16.8 32.31973 ...................... 42.4 70.3 40.6 44.1 46.5 22.2 45.2 51.7 54.5 72.6 34.3 18.6 42.91974 ...................... 52.5 83.6 50.5 56.0 55.0 33.6 53.3 56.8 61.4 76.4 44.1 24.8 54.51975 ...................... 58.0 81.6 56.6 61.7 60.1 39.4 60.0 61.8 61.6 77.4 43.7 30.6 50.01976 ...................... 60.9 77.4 60.0 64.0 64.1 42.3 63.1 65.8 63.4 76.8 48.2 34.5 54.91977 ...................... 64.9 79.6 64.1 67.4 69.3 47.7 65.9 69.3 65.5 77.5 51.7 42.0 56.31978 ...................... 69.5 84.8 68.6 72.0 76.5 49.9 71.0 72.9 73.4 87.3 57.5 48.2 61.91979 ...................... 78.4 94.5 77.4 80.9 84.2 61.6 79.4 80.2 85.9 100.0 69.6 57.3 75.51980 ...................... 90.3 105.5 89.4 91.7 91.3 85.0 89.1 89.9 95.3 104.6 84.6 69.4 91.81981 ...................... 98.6 104.6 98.2 98.7 97.9 100.6 96.7 96.9 103.0 103.9 101.8 84.8 109.81982 ...................... 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.01983 ...................... 100.6 103.6 100.5 101.2 102.8 95.4 100.4 101.8 101.3 101.8 100.7 105.1 98.81984 ...................... 103.1 105.7 103.0 104.1 105.6 95.7 105.9 104.1 103.5 104.7 102.2 105.1 101.01985 ...................... 102.7 97.3 103.0 103.3 107.3 92.8 109.0 104.4 95.8 94.8 96.9 102.7 94.31986 ...................... 99.1 96.2 99.3 102.2 108.1 72.7 110.3 105.6 87.7 93.2 81.6 92.2 76.01987 ...................... 101.5 99.2 101.7 105.3 109.8 73.3 114.5 107.7 93.7 96.2 87.9 84.1 88.51988 ...................... 107.1 109.5 106.9 113.2 116.1 71.2 120.1 113.7 96.0 106.1 85.5 82.1 85.91989 ...................... 112.0 113.8 111.9 118.1 121.3 76.4 125.4 118.1 103.1 111.2 93.4 85.3 95.81990 ...................... 114.5 113.3 114.5 118.7 122.9 85.9 127.7 119.4 108.9 113.1 101.5 84.8 107.31991 ...................... 114.4 111.1 114.6 118.1 124.5 85.3 128.1 121.4 101.2 105.5 94.6 82.9 97.51992 ...................... 114.7 110.7 114.9 117.9 126.5 84.5 127.7 122.7 100.4 105.1 93.5 84.0 94.21993 ...................... 116.2 112.7 116.4 118.9 132.0 84.7 126.4 125.0 102.4 108.4 94.7 87.1 94.11994 ...................... 118.5 114.8 118.7 122.1 136.6 83.1 129.7 127.0 101.8 106.5 94.8 82.4 97.01995 ...................... 124.9 114.8 125.5 130.4 142.1 84.2 148.8 132.1 102.7 105.8 96.8 72.1 105.81996 ...................... 125.7 128.1 125.6 128.6 143.6 90.0 141.1 135.9 113.8 121.5 104.5 92.6 105.71997 ...................... 125.6 125.4 125.7 128.3 146.5 89.3 136.0 135.9 111.1 112.2 106.4 101.3 103.51998 ...................... 123.0 116.2 123.4 126.1 146.8 81.1 140.8 134.8 96.8 103.9 88.4 86.7 84.51999 ...................... 123.2 111.1 123.9 124.6 148.9 84.6 142.5 134.2 98.2 98.7 94.3 91.2 91.12000 ...................... 129.2 111.7 130.1 128.1 150.7 102.0 151.6 136.9 120.6 100.2 130.4 136.9 118.02001 ...................... 129.7 115.9 130.5 127.4 150.6 104.5 153.1 138.7 121.0 106.1 126.8 151.4 101.52002 ...................... 127.8 115.5 128.5 126.1 151.3 96.3 152.1 138.9 108.1 99.5 111.4 117.3 101.02003 ...................... 133.7 125.9 134.2 129.7 153.6 112.6 153.7 141.5 135.3 113.5 148.2 185.7 116.92004 ...................... 142.6 137.1 143.0 137.9 166.4 124.3 159.3 146.7 159.0 127.0 179.2 211.4 149.22005 ...................... 154.0 133.8 155.1 146.0 176.6 150.0 167.1 151.9 182.2 122.7 223.4 279.7 176.72006 ...................... 164.0 135.2 165.4 155.9 188.4 162.8 175.0 157.0 184.8 119.3 230.6 241.5 210.02007 ...................... 170.7 154.4 171.5 162.4 192.5 173.9 180.3 161.7 207.1 146.7 246.3 236.8 238.72008 ...................... 188.3 181.6 188.7 177.2 205.4 206.2 191.8 173.8 251.8 163.4 313.9 298.3 308.52009 p .................... 172.6 165.9 173.1 162.8 202.9 162.3 195.8 172.2 175.0 134.4 197.1 165.6 211.02008: Jan ............. 177.8 170.6 178.2 168.4 194.4 188.6 185.1 166.8 235.5 162.6 283.8 253.9 288.0

Feb ............. 179.1 175.0 179.4 170.1 195.7 189.0 185.7 168.1 245.5 165.4 299.9 283.5 295.6Mar ............ 184.5 180.3 184.7 173.1 197.3 206.1 185.9 170.0 262.1 169.2 327.7 306.9 324.6Apr ............. 187.3 180.5 187.7 175.5 200.2 211.8 187.0 171.3 274.6 168.1 352.4 329.1 349.6May ............ 192.8 184.5 193.3 179.1 203.3 227.3 187.6 173.1 293.1 173.2 382.4 369.2 372.4June ........... 197.2 186.6 197.8 182.4 206.5 238.4 189.2 174.6 301.2 178.1 393.0 378.5 383.3July ............ 203.1 195.5 203.6 187.4 209.8 250.1 191.9 178.3 313.3 178.9 414.9 410.3 398.5Aug ............. 199.4 194.3 199.7 188.7 212.9 225.2 195.0 178.9 274.6 170.6 350.0 309.5 357.2Sept ............ 198.6 190.0 199.1 186.7 214.0 224.5 198.4 179.0 254.2 167.6 314.2 273.1 323.5Oct .............. 189.0 179.9 189.5 180.3 212.2 193.9 199.1 177.0 212.0 147.9 253.9 235.7 252.8Nov ............. 179.2 174.7 179.4 171.1 210.2 168.7 199.0 175.3 183.3 144.2 203.2 205.7 192.4Dec ............. 171.6 167.9 171.8 163.7 207.9 151.2 198.1 173.4 172.6 135.5 191.6 223.8 164.2

2009: Jan ............. 171.4 165.8 171.8 162.7 207.0 153.4 200.8 172.9 170.2 136.1 186.5 217.1 160.3Feb ............. 169.7 164.6 170.1 161.0 204.8 150.7 199.5 172.3 160.7 133.3 171.5 178.9 160.9Mar ............ 168.0 163.5 168.4 159.5 204.2 146.5 198.4 171.9 160.1 131.0 172.6 158.3 176.2Apr ............. 168.6 164.5 168.9 158.9 203.2 151.4 197.6 172.0 163.9 136.5 174.6 152.8 182.9May ............ 170.2 167.3 170.4 160.1 202.8 156.5 196.1 172.3 171.5 140.5 184.7 147.7 202.6June ........... 172.7 169.3 172.9 160.9 202.0 167.0 195.4 172.8 179.8 141.0 199.8 150.6 225.1July ............ 172.3 166.5 172.7 161.6 201.9 164.1 194.3 172.2 172.9 133.2 194.5 159.8 210.2Aug ............. 174.8 166.1 175.5 163.8 201.5 172.2 193.5 171.9 178.4 130.2 207.5 156.0 234.1Sept 1 ......... 175.3 165.7 176.1 165.6 201.8 170.0 193.5 172.1 174.1 127.3 202.3 138.7 237.6Oct 1 ........... 174.8 164.8 175.6 165.1 201.9 169.3 193.8 171.7 182.2 131.6 213.2 154.6 244.6Nov 1 .......... 176.3 165.5 177.2 166.4 201.4 173.8 193.1 171.8 192.0 133.7 229.6 182.8 252.2Dec 1 ........... 176.7 167.8 177.3 167.4 202.2 172.1 193.0 172.5 193.8 138.6 228.3 190.5 244.7

2 Intermediate materials for food manufacturing and feeds.Source: Department of Labor (Bureau of Labor Statistics).

Prices | 407

Table B–66. Producer price indexes by stage of processing, special groups, 1974–2009[1982=100]

Year or month

Finishedgoods

Intermediate materials, supplies,and components

Crude materials for furtherprocessing

Total Foods Energy

Excluding foods and energy

TotalFoodsand

feeds 1Energy Other Total

Food-stuffsand

feed-stuffs

Energy OtherTotal

Capitalequip-ment

Con-sumergoods

exclud-ing

foodsand

energy

1974 ...................... 52.6 64.4 26.2 53.6 50.5 55.5 52.5 83.6 33.1 54.0 61.4 76.4 27.8 83.31975 ...................... 58.2 69.8 30.7 59.7 58.2 60.6 58.0 81.6 38.7 60.2 61.6 77.4 33.3 69.31976 ...................... 60.8 69.6 34.3 63.1 62.1 63.7 60.9 77.4 41.5 63.8 63.4 76.8 35.3 80.21977 ...................... 64.7 73.3 39.7 66.9 66.1 67.3 64.9 79.6 46.8 67.6 65.5 77.5 40.4 79.81978 ...................... 69.8 79.9 42.3 71.9 71.3 72.2 69.5 84.8 49.1 72.5 73.4 87.3 45.2 87.81979 ...................... 77.6 87.3 57.1 78.3 77.5 78.8 78.4 94.5 61.1 80.7 85.9 100.0 54.9 106.21980 ...................... 88.0 92.4 85.2 87.1 85.8 87.8 90.3 105.5 84.9 90.3 95.3 104.6 73.1 113.11981 ...................... 96.1 97.8 101.5 94.6 94.6 94.6 98.6 104.6 100.5 97.7 103.0 103.9 97.7 111.71982 ...................... 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.01983 ...................... 101.6 101.0 95.2 103.0 102.8 103.1 100.6 103.6 95.3 101.6 101.3 101.8 98.7 105.31984 ...................... 103.7 105.4 91.2 105.5 105.2 105.7 103.1 105.7 95.5 104.7 103.5 104.7 98.0 111.71985 ...................... 104.7 104.6 87.6 108.1 107.5 108.4 102.7 97.3 92.6 105.2 95.8 94.8 93.3 104.91986 ...................... 103.2 107.3 63.0 110.6 109.7 111.1 99.1 96.2 72.6 104.9 87.7 93.2 71.8 103.11987 ...................... 105.4 109.5 61.8 113.3 111.7 114.2 101.5 99.2 73.0 107.8 93.7 96.2 75.0 115.71988 ...................... 108.0 112.6 59.8 117.0 114.3 118.5 107.1 109.5 70.9 115.2 96.0 106.1 67.7 133.01989 ...................... 113.6 118.7 65.7 122.1 118.8 124.0 112.0 113.8 76.1 120.2 103.1 111.2 75.9 137.91990 ...................... 119.2 124.4 75.0 126.6 122.9 128.8 114.5 113.3 85.5 120.9 108.9 113.1 85.9 136.31991 ...................... 121.7 124.1 78.1 131.1 126.7 133.7 114.4 111.1 85.1 121.4 101.2 105.5 80.4 128.21992 ...................... 123.2 123.3 77.8 134.2 129.1 137.3 114.7 110.7 84.3 122.0 100.4 105.1 78.8 128.41993 ...................... 124.7 125.7 78.0 135.8 131.4 138.5 116.2 112.7 84.6 123.8 102.4 108.4 76.7 140.21994 ...................... 125.5 126.8 77.0 137.1 134.1 139.0 118.5 114.8 83.0 127.1 101.8 106.5 72.1 156.21995 ...................... 127.9 129.0 78.1 140.0 136.7 141.9 124.9 114.8 84.1 135.2 102.7 105.8 69.4 173.61996 ...................... 131.3 133.6 83.2 142.0 138.3 144.3 125.7 128.1 89.8 134.0 113.8 121.5 85.0 155.81997 ...................... 131.8 134.5 83.4 142.4 138.2 145.1 125.6 125.4 89.0 134.2 111.1 112.2 87.3 156.51998 ...................... 130.7 134.3 75.1 143.7 137.6 147.7 123.0 116.2 80.8 133.5 96.8 103.9 68.6 142.11999 ...................... 133.0 135.1 78.8 146.1 137.6 151.7 123.2 111.1 84.3 133.1 98.2 98.7 78.5 135.22000 ...................... 138.0 137.2 94.1 148.0 138.8 154.0 129.2 111.7 101.7 136.6 120.6 100.2 122.1 145.22001 ...................... 140.7 141.3 96.7 150.0 139.7 156.9 129.7 115.9 104.1 136.4 121.0 106.1 122.3 130.72002 ...................... 138.9 140.1 88.8 150.2 139.1 157.6 127.8 115.5 95.9 135.8 108.1 99.5 102.0 135.72003 ...................... 143.3 145.9 102.0 150.5 139.5 157.9 133.7 125.9 111.9 138.5 135.3 113.5 147.2 152.52004 ...................... 148.5 152.7 113.0 152.7 141.4 160.3 142.6 137.1 123.2 146.5 159.0 127.0 174.6 193.02005 ...................... 155.7 155.7 132.6 156.4 144.6 164.3 154.0 133.8 149.2 154.6 182.2 122.7 234.0 202.42006 ...................... 160.4 156.7 145.9 158.7 146.9 166.7 164.0 135.2 162.8 163.8 184.8 119.3 226.9 244.52007 ...................... 166.6 167.0 156.3 161.7 149.5 170.0 170.7 154.4 174.6 168.4 207.1 146.7 232.8 282.62008 ...................... 177.1 178.3 178.7 167.2 153.8 176.4 188.3 181.6 208.1 180.9 251.8 163.4 309.4 324.42009 p .................... 172.6 175.5 147.2 171.5 156.8 181.6 172.6 165.9 162.8 173.4 175.0 134.4 176.3 248.62008: Jan ............. 172.0 174.5 166.6 164.4 151.4 173.2 177.8 170.6 190.5 172.5 235.5 162.6 273.6 307.3

Feb ............. 172.3 173.6 167.2 165.0 151.8 174.0 179.1 175.0 191.5 173.7 245.5 165.4 291.7 319.7Mar ............ 175.1 176.0 177.5 165.1 151.8 174.1 184.5 180.3 208.6 175.8 262.1 169.2 325.4 332.1Apr ............. 176.5 175.5 182.4 165.7 152.4 174.8 187.3 180.5 213.4 178.3 274.6 168.1 346.1 366.7May ............ 179.8 177.6 194.8 166.1 152.7 175.2 192.8 184.5 228.7 181.2 293.1 173.2 386.1 372.4June ........... 182.4 180.0 204.6 166.0 152.7 175.2 197.2 186.6 240.3 183.8 301.2 178.1 400.4 373.8July ............ 185.1 181.0 214.0 166.7 153.3 175.9 203.1 195.5 253.5 187.5 313.3 178.9 426.5 386.1Aug ............. 182.2 181.3 198.6 167.4 153.9 176.6 199.4 194.3 231.3 188.7 274.6 170.6 339.1 374.2Sept ............ 182.2 181.5 197.0 167.9 154.3 177.2 198.6 190.0 227.5 188.8 254.2 167.6 303.7 337.5Oct .............. 177.4 180.7 167.8 170.8 157.0 180.2 189.0 179.9 197.4 184.8 212.0 147.9 244.4 276.7Nov ............. 172.0 179.8 144.1 170.6 156.9 180.0 179.2 174.7 167.3 180.2 183.3 144.2 194.9 224.8Dec ............. 168.8 177.7 130.6 170.8 157.2 180.1 171.6 167.9 147.7 175.9 172.6 135.5 181.1 221.3

2009: Jan ............. 170.4 177.7 136.4 171.3 157.4 180.7 171.4 165.8 152.2 174.6 170.2 136.1 173.0 225.2Feb ............. 169.9 175.0 136.3 171.3 157.2 181.0 169.7 164.6 149.3 173.4 160.7 133.3 152.1 224.9Mar ............ 169.1 173.8 133.2 171.4 156.9 181.4 168.0 163.5 144.1 172.6 160.1 131.0 153.3 222.9Apr ............. 170.3 175.9 137.2 171.4 156.8 181.5 168.6 164.5 149.5 171.8 163.9 136.5 155.0 224.4May ............ 171.1 174.0 142.9 171.1 156.3 181.3 170.2 167.3 157.2 171.6 171.5 140.5 164.2 234.9June ........... 174.3 176.1 154.4 171.4 156.6 181.7 172.7 169.3 167.8 171.9 179.8 141.0 181.2 242.6July ............ 172.4 173.5 149.6 170.8 155.9 181.1 172.3 166.5 165.3 172.3 172.9 133.2 173.0 247.1Aug ............. 174.2 173.9 156.1 171.2 156.4 181.5 174.8 166.1 174.5 173.3 178.4 130.2 184.1 263.6Sept 2 ......... 173.4 173.9 153.5 170.9 156.1 181.1 175.3 165.7 172.0 174.7 174.1 127.3 174.3 271.1Oct 2 ........... 174.1 175.9 152.0 172.0 157.2 182.3 174.8 164.8 171.1 174.5 182.2 131.6 188.5 272.3Nov 2 .......... 176.2 176.8 158.4 172.6 157.6 183.1 176.3 165.5 176.4 174.9 192.0 133.7 211.4 270.4Dec 2 ........... 176.2 179.7 156.8 172.4 157.2 183.0 176.7 167.8 174.5 175.7 193.8 138.6 205.2 284.2

1 Intermediate materials for food manufacturing and feeds.2 Data have been revised through August 2009; data are subject to revision four months after date of original publication.Source: Department of Labor (Bureau of Labor Statistics).

408 | Appendix B

Table B–67. Producer price indexes for major commodity groups, 1965–2009[1982=100]

Year or month

Farm products and processedfoods and feeds

Industrialcommodities

Total Farmproducts

Processedfoodsand

feedsTotal

Textileproducts

andapparel

Hides,skins,

leather,and

relatedproducts

Fuels andrelated

productsand

power

Chemicalsand

alliedproducts 1

1965 ...................... 39.0 40.7 38.0 30.9 48.8 35.9 13.8 33.91966 ...................... 41.6 43.7 40.2 31.5 48.9 39.4 14.1 34.01967 ...................... 40.2 41.3 39.8 32.0 48.9 38.1 14.4 34.21968 ...................... 41.1 42.3 40.6 32.8 50.7 39.3 14.3 34.11969 ...................... 43.4 45.0 42.7 33.9 51.8 41.5 14.6 34.21970 ...................... 44.9 45.8 44.6 35.2 52.4 42.0 15.3 35.01971 ...................... 45.8 46.6 45.5 36.5 53.3 43.4 16.6 35.61972 ...................... 49.2 51.6 48.0 37.8 55.5 50.0 17.1 35.61973 ...................... 63.9 72.7 58.9 40.3 60.5 54.5 19.4 37.61974 ...................... 71.3 77.4 68.0 49.2 68.0 55.2 30.1 50.21975 ...................... 74.0 77.0 72.6 54.9 67.4 56.5 35.4 62.01976 ...................... 73.6 78.8 70.8 58.4 72.4 63.9 38.3 64.01977 ...................... 75.9 79.4 74.0 62.5 75.3 68.3 43.6 65.91978 ...................... 83.0 87.7 80.6 67.0 78.1 76.1 46.5 68.01979 ...................... 92.3 99.6 88.5 75.7 82.5 96.1 58.9 76.01980 ...................... 98.3 102.9 95.9 88.0 89.7 94.7 82.8 89.01981 ...................... 101.1 105.2 98.9 97.4 97.6 99.3 100.2 98.41982 ...................... 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.01983 ...................... 102.0 102.4 101.8 101.1 100.3 103.2 95.9 100.31984 ...................... 105.5 105.5 105.4 103.3 102.7 109.0 94.8 102.91985 ...................... 100.7 95.1 103.5 103.7 102.9 108.9 91.4 103.71986 ...................... 101.2 92.9 105.4 100.0 103.2 113.0 69.8 102.61987 ...................... 103.7 95.5 107.9 102.6 105.1 120.4 70.2 106.41988 ...................... 110.0 104.9 112.7 106.3 109.2 131.4 66.7 116.31989 ...................... 115.4 110.9 117.8 111.6 112.3 136.3 72.9 123.01990 ...................... 118.6 112.2 121.9 115.8 115.0 141.7 82.3 123.61991 ...................... 116.4 105.7 121.9 116.5 116.3 138.9 81.2 125.61992 ...................... 115.9 103.6 122.1 117.4 117.8 140.4 80.4 125.91993 ...................... 118.4 107.1 124.0 119.0 118.0 143.7 80.0 128.21994 ...................... 119.1 106.3 125.5 120.7 118.3 148.5 77.8 132.11995 ...................... 120.5 107.4 127.0 125.5 120.8 153.7 78.0 142.51996 ...................... 129.7 122.4 133.3 127.3 122.4 150.5 85.8 142.11997 ...................... 127.0 112.9 134.0 127.7 122.6 154.2 86.1 143.61998 ...................... 122.7 104.6 131.6 124.8 122.9 148.0 75.3 143.91999 ...................... 120.3 98.4 131.1 126.5 121.1 146.0 80.5 144.22000 ...................... 122.0 99.5 133.1 134.8 121.4 151.5 103.5 151.02001 ...................... 126.2 103.8 137.3 135.7 121.3 158.4 105.3 151.82002 ...................... 123.9 99.0 136.2 132.4 119.9 157.6 93.2 151.92003 ...................... 132.8 111.5 143.4 139.1 119.8 162.3 112.9 161.82004 ...................... 142.0 123.3 151.2 147.6 121.0 164.5 126.9 174.42005 ...................... 141.3 118.5 153.1 160.2 122.8 165.4 156.4 192.02006 ...................... 141.2 117.0 153.8 168.8 124.5 168.4 166.7 205.82007 ...................... 157.8 143.4 165.1 175.1 125.8 173.6 177.6 214.82008 ...................... 173.8 161.3 180.5 192.3 128.9 173.1 214.6 245.52009 p .................... 161.4 134.5 176.2 174.9 129.5 156.7 158.9 229.72008: Jan ............. 169.8 164.2 172.7 182.8 126.9 172.2 195.9 229.2

Feb ............. 171.1 164.4 174.6 184.6 127.1 172.5 199.5 231.3Mar ............ 174.5 169.6 176.9 190.2 127.2 172.5 217.1 235.6Apr ............. 174.0 166.7 177.8 193.8 127.6 172.9 224.7 240.4May ............ 177.1 169.7 180.8 200.0 128.2 172.9 243.2 246.5June ........... 180.4 176.2 182.4 204.0 128.2 174.8 254.8 252.7July ............ 182.6 174.3 187.0 209.5 129.1 175.0 268.7 262.8Aug ............. 179.4 164.7 187.3 202.4 130.1 174.9 237.9 263.3Sept ............ 178.0 163.5 185.9 200.1 131.0 175.2 230.2 264.2Oct .............. 169.3 145.3 182.5 189.3 130.7 175.1 194.5 252.5Nov ............. 166.9 143.1 180.0 178.4 130.7 169.6 162.6 239.3Dec ............. 162.2 133.9 177.7 172.3 130.2 168.9 145.7 227.6

2009: Jan ............. 162.4 136.4 176.8 172.6 130.2 157.0 148.5 226.8Feb ............. 160.4 132.8 175.5 170.8 129.9 157.0 143.6 226.5Mar ............ 158.9 130.6 174.4 169.5 129.4 157.9 140.2 225.8Apr ............. 161.8 136.8 175.5 170.3 129.7 153.6 144.8 225.2May ............ 163.4 137.8 177.4 172.0 129.1 153.8 152.2 225.8June ........... 165.2 142.1 177.9 175.5 129.6 151.9 165.0 227.8July ............ 160.3 131.6 176.2 174.6 129.1 153.1 160.7 230.0Aug ............. 159.6 130.1 175.9 177.7 129.4 155.2 169.6 231.1Sept 2 ......... 158.1 126.3 175.7 177.5 129.5 159.0 165.8 234.1Oct 2 ........... 160.5 133.0 175.6 177.9 129.4 160.1 166.9 231.9Nov 2 .......... 161.6 135.6 175.9 180.5 129.5 159.2 175.8 234.5Dec 2 ........... 164.8 141.1 177.7 180.4 129.6 162.2 173.3 237.1

1 Prices for some items in this grouping are lagged and refer to one month earlier than the index month.2 Data have been revised through August 2009; data are subject to revision four months after date of original publication.See next page for continuation of table.

Prices | 409

Table B–67. Producer price indexes for major commodity groups, 1965–2009—Continued[1982=100]

Year or month

Industrial commodities—Continued

Rubberand

plasticproducts

Lumberand

woodproducts

Pulp,paper,and

alliedproducts

Metalsand

metalproducts

Machineryand

equipment

Furnitureand

householddurables

Non-metallicmineralproducts

Transportationequipment

Miscel-laneousproductsTotal

Motorvehicles

and equip-ment

1965 ...................... 39.7 33.7 33.3 32.0 33.7 46.8 30.4 ................... 39.2 34.71966 ...................... 40.5 35.2 34.2 32.8 34.7 47.4 30.7 ................... 39.2 35.31967 ...................... 41.4 35.1 34.6 33.2 35.9 48.3 31.2 ................... 39.8 36.21968 ...................... 42.8 39.8 35.0 34.0 37.0 49.7 32.4 ................... 40.9 37.01969 ...................... 43.6 44.0 36.0 36.0 38.2 50.7 33.6 40.4 41.7 38.11970 ...................... 44.9 39.9 37.5 38.7 40.0 51.9 35.3 41.9 43.3 39.81971 ...................... 45.2 44.7 38.1 39.4 41.4 53.1 38.2 44.2 45.7 40.81972 ...................... 45.3 50.7 39.3 40.9 42.3 53.8 39.4 45.5 47.0 41.51973 ...................... 46.6 62.2 42.3 44.0 43.7 55.7 40.7 46.1 47.4 43.31974 ...................... 56.4 64.5 52.5 57.0 50.0 61.8 47.8 50.3 51.4 48.11975 ...................... 62.2 62.1 59.0 61.5 57.9 67.5 54.4 56.7 57.6 53.41976 ...................... 66.0 72.2 62.1 65.0 61.3 70.3 58.2 60.5 61.2 55.61977 ...................... 69.4 83.0 64.6 69.3 65.2 73.2 62.6 64.6 65.2 59.41978 ...................... 72.4 96.9 67.7 75.3 70.3 77.5 69.6 69.5 70.0 66.71979 ...................... 80.5 105.5 75.9 86.0 76.7 82.8 77.6 75.3 75.8 75.51980 ...................... 90.1 101.5 86.3 95.0 86.0 90.7 88.4 82.9 83.1 93.61981 ...................... 96.4 102.8 94.8 99.6 94.4 95.9 96.7 94.3 94.6 96.11982 ...................... 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.01983 ...................... 100.8 107.9 103.3 101.8 102.7 103.4 101.6 102.8 102.2 104.81984 ...................... 102.3 108.0 110.3 104.8 105.1 105.7 105.4 105.2 104.1 107.01985 ...................... 101.9 106.6 113.3 104.4 107.2 107.1 108.6 107.9 106.4 109.41986 ...................... 101.9 107.2 116.1 103.2 108.8 108.2 110.0 110.5 109.1 111.61987 ...................... 103.0 112.8 121.8 107.1 110.4 109.9 110.0 112.5 111.7 114.91988 ...................... 109.3 118.9 130.4 118.7 113.2 113.1 111.2 114.3 113.1 120.21989 ...................... 112.6 126.7 137.8 124.1 117.4 116.9 112.6 117.7 116.2 126.51990 ...................... 113.6 129.7 141.2 122.9 120.7 119.2 114.7 121.5 118.2 134.21991 ...................... 115.1 132.1 142.9 120.2 123.0 121.2 117.2 126.4 122.1 140.81992 ...................... 115.1 146.6 145.2 119.2 123.4 122.2 117.3 130.4 124.9 145.31993 ...................... 116.0 174.0 147.3 119.2 124.0 123.7 120.0 133.7 128.0 145.41994 ...................... 117.6 180.0 152.5 124.8 125.1 126.1 124.2 137.2 131.4 141.91995 ...................... 124.3 178.1 172.2 134.5 126.6 128.2 129.0 139.7 133.0 145.41996 ...................... 123.8 176.1 168.7 131.0 126.5 130.4 131.0 141.7 134.1 147.71997 ...................... 123.2 183.8 167.9 131.8 125.9 130.8 133.2 141.6 132.7 150.91998 ...................... 122.6 179.1 171.7 127.8 124.9 131.3 135.4 141.2 131.4 156.01999 ...................... 122.5 183.6 174.1 124.6 124.3 131.7 138.9 141.8 131.7 166.62000 ...................... 125.5 178.2 183.7 128.1 124.0 132.6 142.5 143.8 132.3 170.82001 ...................... 127.2 174.4 184.8 125.4 123.7 133.2 144.3 145.2 131.5 181.32002 ...................... 126.8 173.3 185.9 125.9 122.9 133.5 146.2 144.6 129.9 182.42003 ...................... 130.1 177.4 190.0 129.2 121.9 133.9 148.2 145.7 129.6 179.62004 ...................... 133.8 195.6 195.7 149.6 122.1 135.1 153.2 148.6 131.0 183.22005 ...................... 143.8 196.5 202.6 160.8 123.7 139.4 164.2 151.0 131.5 195.12006 ...................... 153.8 194.4 209.8 181.6 126.2 142.6 179.9 152.6 131.0 205.62007 ...................... 155.0 192.4 216.9 193.5 127.3 144.7 186.2 155.0 132.2 210.32008 ...................... 165.9 191.3 226.8 213.0 129.7 148.9 197.1 158.6 134.1 216.62009 p .................... 165.1 183.0 225.5 186.9 131.3 153.1 202.4 162.2 137.0 217.42008: Jan ............. 159.2 189.3 222.3 197.5 127.8 145.7 188.5 157.5 133.7 212.7

Feb ............. 159.9 189.1 223.4 201.8 128.3 146.1 188.8 157.5 133.7 213.3Mar ............ 160.6 189.9 224.0 208.0 128.5 146.4 189.5 156.8 132.9 214.8Apr ............. 161.3 190.5 224.9 217.6 128.7 147.2 191.0 157.6 133.6 214.9May ............ 162.8 193.8 225.2 223.4 129.2 147.3 192.1 157.5 133.3 216.4June ........... 164.0 194.6 225.7 226.9 129.6 148.0 194.4 156.7 132.1 217.1July ............ 167.4 193.5 227.0 231.8 130.4 149.3 198.8 156.7 131.8 218.3Aug ............. 169.7 193.5 229.6 230.9 130.5 150.3 202.7 157.6 132.4 218.4Sept ............ 171.6 193.7 231.1 223.7 130.7 151.0 204.4 157.8 132.4 218.3Oct .............. 172.5 191.1 230.9 209.1 130.9 151.8 205.0 162.8 138.4 218.8Nov ............. 172.1 188.9 228.8 195.9 131.1 152.1 205.3 162.4 137.5 218.1Dec ............. 169.8 188.0 228.0 189.7 131.0 152.1 204.6 162.8 137.6 218.0

2009: Jan ............. 167.5 185.3 228.0 187.0 131.4 152.9 205.8 162.8 137.2 218.0Feb ............. 165.3 183.5 227.0 183.9 131.3 153.3 203.8 162.7 137.0 219.0Mar ............ 164.9 181.7 226.7 181.7 131.5 153.3 203.9 162.2 136.6 220.0Apr ............. 164.5 181.2 225.8 179.9 131.3 153.4 203.7 162.3 136.9 217.9May ............ 163.9 180.9 224.8 180.5 131.3 153.3 203.4 161.8 136.8 216.6June ........... 163.7 180.8 224.5 181.7 131.1 153.1 202.5 162.3 137.5 216.4July ............ 163.9 182.8 224.0 183.5 131.2 153.1 202.1 160.9 135.7 216.2Aug ............. 164.5 183.0 224.4 189.1 131.2 152.6 201.2 161.6 136.4 215.9Sept 2 ......... 165.7 184.1 225.5 192.8 131.4 152.9 200.8 161.0 135.7 216.7Oct 2 ........... 165.9 183.6 224.7 193.6 131.2 153.3 200.6 163.0 138.1 216.9Nov 2 .......... 165.6 184.4 225.0 193.3 131.3 153.2 200.0 163.4 138.5 217.5Dec 2 ........... 166.1 184.9 225.1 196.0 131.4 153.2 200.6 162.8 137.6 217.9

Source: Department of Labor (Bureau of Labor Statistics).

410 | Appendix B

Table B–68. Changes in producer price indexes for finished goods, 1969–2009[Percent change]

Year ormonth

Totalfinishedgoods

Finishedconsumer

foodsFinished goods excluding consumer foods

Finishedenergygoods

Finished goodsexcluding

foods and energy

Dec.to

Dec. 1

Yearto

year

Dec.to

Dec. 1

Yearto

year

Total Consumergoods

Capitalequipment Dec.

toDec. 1

Yearto

year

Dec.to

Dec. 1

Yearto

yearDec. toDec. 1

Year toyear

Dec. toDec. 1

Year toyear

Dec. toDec. 1

Year toyear

1969 ............... 4.9 3.8 8.1 6.0 3.3 2.8 2.8 2.3 4.8 3.5 ............. ............. ............. .............1970 ............... 2.1 3.4 –2.3 3.3 4.3 3.5 3.8 3.0 4.8 4.7 ............. ............. ............. .............1971 ............... 3.3 3.1 5.8 1.6 2.0 3.7 2.1 3.5 2.4 4.0 ............. ............. ............. .............1972 ............... 3.9 3.2 7.9 5.4 2.3 2.0 2.1 1.8 2.1 2.6 ............. ............. ............. .............1973 ............... 11.7 9.1 22.7 20.5 6.6 4.0 7.5 4.6 5.1 3.3 ............. ............. ............. .............1974 ............... 18.3 15.4 12.8 14.0 21.1 16.2 20.3 17.0 22.7 14.3 ............. ............. 17.7 11.41975 ............... 6.6 10.6 5.6 8.4 7.2 12.1 6.8 10.4 8.1 15.2 16.3 17.2 6.0 11.41976 ............... 3.8 4.5 –2.5 –.3 6.2 6.2 6.0 6.2 6.5 6.7 11.6 11.7 5.7 5.71977 ............... 6.7 6.4 6.9 5.3 6.8 7.1 6.7 7.3 7.2 6.4 12.0 15.7 6.2 6.01978 ............... 9.3 7.9 11.7 9.0 8.3 7.2 8.5 7.1 8.0 7.9 8.5 6.5 8.4 7.51979 ............... 12.8 11.2 7.4 9.3 14.8 11.8 17.6 13.3 8.8 8.7 58.1 35.0 9.4 8.91980 ............... 11.8 13.4 7.5 5.8 13.4 16.2 14.1 18.5 11.4 10.7 27.9 49.2 10.8 11.21981 ............... 7.1 9.2 1.5 5.8 8.7 10.3 8.6 10.3 9.2 10.3 14.1 19.1 7.7 8.61982 ............... 3.6 4.1 2.0 2.2 4.2 4.6 4.2 4.1 3.9 5.7 –.1 –1.5 4.9 5.71983 ............... .6 1.6 2.3 1.0 .0 1.8 –.9 1.2 2.0 2.8 –9.2 –4.8 1.9 3.01984 ............... 1.7 2.1 3.5 4.4 1.1 1.4 .8 1.0 1.8 2.3 –4.2 –4.2 2.0 2.41985 ............... 1.8 1.0 .6 –.8 2.2 1.4 2.1 1.1 2.7 2.2 –.2 –3.9 2.7 2.51986 ............... –2.3 –1.4 2.8 2.6 –4.0 –2.6 –6.6 –4.6 2.1 2.0 –38.1 –28.1 2.7 2.31987 ............... 2.2 2.1 –.2 2.1 3.2 2.1 4.1 2.2 1.3 1.8 11.2 –1.9 2.1 2.41988 ............... 4.0 2.5 5.7 2.8 3.2 2.4 3.1 2.4 3.6 2.3 –3.6 –3.2 4.3 3.31989 ............... 4.9 5.2 5.2 5.4 4.8 5.0 5.3 5.6 3.8 3.9 9.5 9.9 4.2 4.41990 ............... 5.7 4.9 2.6 4.8 6.9 5.0 8.7 5.9 3.4 3.5 30.7 14.2 3.5 3.71991 ............... –.1 2.1 –1.5 –.2 .3 3.0 –.7 2.9 2.5 3.1 –9.6 4.1 3.1 3.61992 ............... 1.6 1.2 1.6 –.6 1.6 1.8 1.6 1.8 1.7 1.9 –.3 –.4 2.0 2.41993 ............... .2 1.2 2.4 1.9 –.4 1.1 –1.4 .7 1.8 1.8 –4.1 .3 .4 1.21994 ............... 1.7 .6 1.1 .9 1.9 .6 2.0 –.1 2.0 2.1 3.5 –1.3 1.6 1.01995 ............... 2.3 1.9 1.9 1.7 2.3 1.9 2.3 2.0 2.2 1.9 1.1 1.4 2.6 2.11996 ............... 2.8 2.7 3.4 3.6 2.6 2.4 3.7 2.9 .4 1.2 11.7 6.5 .6 1.41997 ............... –1.2 .4 –.8 .7 –1.2 .3 –1.5 .5 –.6 –.1 –6.4 .2 .0 .31998 ............... .0 –.8 .1 –.1 –.1 –1.1 –.1 –1.4 .0 –.4 –11.7 –10.0 2.5 .91999 ............... 2.9 1.8 .8 .6 3.5 2.2 5.1 3.2 .3 .0 18.1 4.9 .9 1.72000 ............... 3.6 3.8 1.7 1.6 4.1 4.4 5.5 6.1 1.2 .9 16.6 19.4 1.3 1.32001 ............... –1.6 2.0 1.8 3.0 –2.6 1.7 –3.9 2.2 .0 .6 –17.1 2.8 .9 1.42002 ............... 1.2 –1.3 –.6 –.8 1.7 –1.5 2.9 –1.8 –.6 –.4 12.3 –8.2 –.5 .12003 ............... 4.0 3.2 7.7 4.1 3.0 3.0 4.1 4.3 .8 .3 11.4 14.9 1.0 .22004 ............... 4.2 3.6 3.1 4.7 4.5 3.4 5.5 4.3 2.4 1.4 13.4 10.8 2.3 1.52005 ............... 5.4 4.8 1.7 2.0 6.4 5.6 8.8 7.3 1.2 2.3 23.9 17.3 1.4 2.42006 ............... 1.1 3.0 1.7 .6 1.0 3.5 .4 4.5 2.3 1.6 –2.0 10.0 2.0 1.52007 ............... 6.2 3.9 7.6 6.6 5.8 3.2 7.7 3.8 1.4 1.8 17.8 7.1 2.0 1.92008 ............... –.9 6.3 3.2 6.8 –2.1 6.3 –4.8 7.7 4.3 2.9 –20.3 14.3 4.5 3.42009 p ............. 4.4 –2.5 1.1 –1.6 5.1 –3.1 7.6 –5.0 .0 2.0 20.1 –17.6 .9 2.6

Percent change from preceding month

Unad-justed

Season-ally ad-justed

Unad-justed

Season-ally ad-justed

Unad-justed

Season-ally ad-justed

Unad-justed

Season-ally ad-justed

Unad-justed

Season-ally ad-justed

Unad-justed

Season-ally ad-justed

Unad-justed

Season-ally ad-justed

2008: Jan ...... 0.9 0.9 1.3 1.5 0.8 0.7 1.0 0.8 0.5 0.5 1.7 1.3 0.6 0.5Feb ...... .2 .4 –.5 –.5 .4 .8 .4 .9 .3 .4 .4 1.4 .4 .5Mar ..... 1.6 .9 1.4 1.2 1.7 .7 2.4 1.0 .0 .1 6.2 2.4 .1 .1Apr ...... .8 .2 –.3 .2 1.0 .2 1.3 .1 .4 .5 2.8 –.4 .4 .5May ..... 1.9 1.5 1.2 .7 2.1 1.7 2.8 2.3 .2 .3 6.8 5.2 .2 .3June .... 1.4 1.3 1.4 1.2 1.5 1.3 2.1 1.8 .0 .3 5.0 4.3 –.1 .2July ..... 1.5 1.3 .6 .6 1.7 1.5 2.2 1.9 .4 .5 4.6 3.8 .4 .6Aug ...... –1.6 –.5 .2 .2 –2.0 –.7 –2.9 –1.2 .4 .4 –7.2 –3.4 .4 .5Sept ..... .0 –.1 .1 .0 –.1 –.1 –.2 –.3 .3 .4 –.8 –1.3 .3 .4Oct ....... –2.6 –2.6 –.4 .1 –3.2 –3.3 –5.2 –4.9 1.7 .6 –14.8 –12.8 1.7 .5Nov ...... –3.0 –2.7 –.5 –.5 –3.8 –3.3 –5.3 –4.7 –.1 .0 –14.1 –12.4 –.1 .0Dec ...... –1.9 –1.8 –1.2 –1.2 –2.1 –1.9 –3.1 –3.0 .2 .4 –9.4 –9.1 .1 .3

2009: Jan ...... .9 .9 .0 .1 1.1 1.1 1.7 1.6 .1 .1 4.4 4.1 .3 .2Feb ...... –.3 –.1 –1.5 –1.6 .0 .3 .1 .4 –.1 .0 –.1 .9 .0 .1Mar ..... –.5 –.9 –.7 –.8 –.5 –1.0 –.6 –1.4 –.2 –.1 –2.3 –4.7 .1 .1Apr ...... .7 .4 1.2 1.5 .7 .2 1.0 .2 –.1 .1 3.0 .4 .0 .1May ..... .5 .2 –1.1 –1.5 .8 .5 1.3 .9 –.3 –.2 4.2 2.7 –.2 –.1June .... 1.9 1.7 1.2 1.1 2.0 1.8 2.9 2.5 .2 .4 8.0 6.6 .2 .4July ..... –1.1 –1.2 –1.5 –1.5 –1.0 –1.0 –1.4 –1.4 –.4 –.3 –3.1 –3.8 –.4 –.2Aug ...... 1.0 1.9 .2 .3 1.2 2.2 1.7 3.0 .3 .4 4.3 8.1 .2 .3Sept 2 .. –.5 –.5 .0 –.1 –.5 –.6 –.8 –.8 –.2 –.1 –1.7 –2.0 –.2 –.1Oct 2 .... .4 .3 1.2 1.6 .2 .0 .1 .3 .7 –.7 –1.0 1.6 .6 –.6Nov 2 ... 1.2 1.8 .5 .5 1.3 2.1 1.8 3.0 .3 .4 4.2 6.9 .3 .5Dec 2 .... .0 .2 1.6 1.4 –.3 –.1 –.4 –.2 –.3 –.1 –1.0 –.4 –.1 .0

1 Changes from December to December are based on unadjusted indexes.2 Data have been revised through August 2009; data are subject to revision four months after date of original publication.Source: Department of Labor (Bureau of Labor Statistics).

Money Stock, Credit, and Finance | 411

Table B–69. Money stock and debt measures, 1970–2009[Averages of daily figures, except debt end-of-period basis; billions of dollars, seasonally adjusted]

Year and month

M1 M2 Debt 1 Percent change

Sum of currency,demand deposits,travelers checks,

and othercheckable deposits

(OCDs)

M1 plus retailMMMF balances,savings deposits

(including MMDAs),and small

time deposits 2

Debt ofdomestic

nonfinancialsectors

From year or6 months earlier 3

Frompreviousperiod 4

M1 M2 Debt

December:1970 ........................................ 214.4 626.5 1,420.2 .................. .................. ...................1971 ........................................ 228.3 710.3 1,555.2 6.5 13.4 9.51972 ........................................ 249.2 802.3 1,711.2 9.2 13.0 10.01973 ........................................ 262.9 855.5 1,895.5 5.5 6.6 10.71974 ........................................ 274.2 902.1 2,069.9 4.3 5.4 9.21975 ........................................ 287.1 1,016.2 2,261.8 4.7 12.6 9.31976 ........................................ 306.2 1,152.0 2,505.3 6.7 13.4 10.81977 ........................................ 330.9 1,270.3 2,826.6 8.1 10.3 12.81978 ........................................ 357.3 1,366.0 3,211.2 8.0 7.5 13.81979 ........................................ 381.8 1,473.7 3,603.0 6.9 7.9 12.21980 ........................................ 408.5 1,599.8 3,953.5 7.0 8.6 9.51981 ........................................ 436.7 1,755.5 4,361.7 6.9 9.7 10.41982 ........................................ 474.8 1,909.3 4,783.4 8.7 8.8 10.41983 ........................................ 521.4 2,125.7 5,359.2 9.8 11.3 12.01984 ........................................ 551.6 2,308.8 6,146.2 5.8 8.6 14.81985 ........................................ 619.8 2,494.6 7,123.1 12.4 8.0 15.61986 ........................................ 724.7 2,731.4 7,966.3 16.9 9.5 11.91987 ........................................ 750.2 2,830.8 8,670.1 3.5 3.6 9.01988 ........................................ 786.7 2,993.9 9,450.7 4.9 5.8 9.01989 ........................................ 792.9 3,158.4 10,152.1 .8 5.5 7.21990 ........................................ 824.7 3,276.8 10,834.9 4.0 3.7 6.51991 ........................................ 897.0 3,377.0 11,301.4 8.8 3.1 4.31992 ........................................ 1,024.9 3,430.2 11,816.5 14.3 1.6 4.51993 ........................................ 1,129.6 3,480.7 12,391.4 10.2 1.5 4.71994 ........................................ 1,150.6 3,496.5 12,973.6 1.9 .5 4.61995 ........................................ 1,127.5 3,640.3 13,667.5 –2.0 4.1 5.21996 ........................................ 1,081.6 3,819.6 14,399.8 –4.1 4.9 5.41997 ........................................ 1,072.8 4,033.0 15,210.8 –.8 5.6 5.61998 ........................................ 1,095.8 4,376.3 16,216.4 2.1 8.5 6.61999 ........................................ 1,122.7 4,634.6 17,291.6 2.5 5.9 6.42000 ........................................ 1,087.7 4,917.9 18,167.3 –3.1 6.1 5.02001 ........................................ 1,182.2 5,434.1 19,302.3 8.7 10.5 6.32002 ........................................ 1,220.4 5,785.9 20,710.2 3.2 6.5 7.32003 ........................................ 1,306.9 6,073.7 22,420.4 7.1 5.0 8.12004 ........................................ 1,377.1 6,415.2 24,426.9 5.4 5.6 8.92005 ........................................ 1,375.3 6,679.2 26,756.1 –.1 4.1 9.52006 ........................................ 1,367.9 7,079.5 29,151.3 –.5 6.0 9.02007 ........................................ 1,375.8 7,509.4 31,694.5 .6 6.1 8.72008 ........................................ 1,594.7 8,241.6 33,564.9 15.9 9.8 5.92009 ........................................ 1,693.3 8,524.3 ........................................... 6.2 3.4 ...................

2008: Jan ..................................... 1,381.1 7,542.3 ........................................... 1.8 6.3 ...................Feb ..................................... 1,387.0 7,631.7 ........................................... 2.2 7.1 ...................Mar .................................... 1,389.7 7,691.6 32,131.5 2.5 7.6 5.5Apr ..................................... 1,392.1 7,716.3 ........................................... 1.9 7.3 ...................May .................................... 1,391.5 7,739.0 ........................................... 2.3 7.1 ...................June ................................... 1,398.1 7,751.1 32,395.8 3.2 6.4 3.3July .................................... 1,415.1 7,802.7 ........................................... 4.9 6.9 ...................Aug ..................................... 1,400.0 7,790.6 ........................................... 1.9 4.2 ...................Sept .................................... 1,459.5 7,898.2 33,062.1 10.0 5.4 8.2Oct ...................................... 1,472.7 8,014.7 ........................................... 11.6 7.7 ...................Nov ..................................... 1,518.1 8,065.3 ........................................... 18.2 8.4 ...................Dec ..................................... 1,594.7 8,241.6 33,564.9 28.1 12.7 6.1

2009: Jan ..................................... 1,573.8 8,302.6 ........................................... 22.4 12.8 ...................Feb ..................................... 1,562.1 8,340.7 ........................................... 23.2 14.1 ...................Mar .................................... 1,564.3 8,392.7 33,932.0 14.4 12.5 4.3Apr ..................................... 1,592.7 8,343.7 ........................................... 16.3 8.2 ...................May .................................... 1,593.0 8,416.1 ........................................... 9.9 8.7 ...................June ................................... 1,641.0 8,442.2 34,310.5 5.8 4.9 4.5July .................................... 1,649.9 8,436.5 ........................................... 9.7 3.2 ...................Aug ..................................... 1,648.3 8,413.2 ........................................... 11.0 1.7 ...................Sept .................................... 1,660.8 8,452.3 34,551.9 12.3 1.4 2.8Oct ...................................... 1,673.8 8,481.3 ........................................... 10.2 3.3 ....................Nov ..................................... 1,685.6 8,508.9 ........................................... 11.6 2.2 ....................Dec ..................................... 1,693.3 8,524.3 ........................................... 6.4 1.9 ...................

1 Consists of outstanding credit market debt of the U.S. Government, State and local governments, and private nonfinancial sectors.2 Money market mutual fund (MMMF). Money market deposit account (MMDA).3 Annual changes are from December to December; monthly changes are from six months earlier at a simple annual rate.4 Annual changes are from fourth quarter to fourth quarter. Quarterly changes are from previous quarter at annual rate.Note: The Federal Reserve no longer publishes the M3 monetary aggregate and most of its components. Institutional money market mutual funds is

published as a memorandum item in the H.6 release, and the component on large-denomination time deposits is published in other Federal Reserve Boardreleases. For details, see H.6 release of March 23, 2006.

Source: Board of Governors of the Federal Reserve System.

Money Stock, Credit, and Finance

412 | Appendix B

Table B–70. Components of money stock measures, 1970–2009[Averages of daily figures; billions of dollars, seasonally adjusted]

Year and month CurrencyNonbanktravelerschecks

Demanddeposits

Other checkable deposits (OCDs)

TotalAt

commercialbanks

Atthrift

institutions

December:1970 ................................................... 48.6 0.9 164.7 0.1 0.0 0.11971 ................................................... 52.0 1.0 175.1 .2 .0 .21972 ................................................... 56.2 1.2 191.6 .2 .0 .21973 ................................................... 60.8 1.4 200.3 .3 .0 .31974 ................................................... 67.0 1.7 205.1 .4 .2 .41975 ................................................... 72.8 2.1 211.3 .9 .4 .51976 ................................................... 79.5 2.6 221.5 2.7 1.3 1.41977 ................................................... 87.4 2.9 236.4 4.2 1.8 2.31978 ................................................... 96.0 3.3 249.5 8.5 5.3 3.11979 ................................................... 104.8 3.5 256.6 16.8 12.7 4.21980 ................................................... 115.3 3.9 261.2 28.1 20.8 7.31981 ................................................... 122.5 4.1 231.4 78.7 63.0 15.61982 ................................................... 132.5 4.1 234.1 104.1 80.5 23.61983 ................................................... 146.2 4.7 238.5 132.1 97.3 34.81984 ................................................... 156.1 5.0 243.4 147.1 104.7 42.41985 ................................................... 167.7 5.6 266.9 179.5 124.7 54.91986 ................................................... 180.4 6.1 302.9 235.2 161.0 74.21987 ................................................... 196.7 6.6 287.7 259.2 178.2 81.01988 ................................................... 212.0 7.0 287.1 280.6 192.5 88.11989 ................................................... 222.3 6.9 278.6 285.1 197.4 87.71990 ................................................... 246.5 7.7 276.8 293.7 208.7 85.01991 ................................................... 267.1 7.7 289.6 332.5 241.6 90.91992 ................................................... 292.1 8.2 340.0 384.6 280.8 103.81993 ................................................... 321.6 8.0 385.4 414.6 302.6 112.01994 ................................................... 354.5 8.6 383.6 404.0 297.4 106.61995 ................................................... 372.8 9.0 389.0 356.6 249.0 107.61996 ................................................... 394.7 8.8 402.3 275.9 172.1 103.81997 ................................................... 425.4 8.4 393.8 245.2 148.3 96.91998 ................................................... 460.5 8.5 376.7 250.0 143.9 106.11999 ................................................... 517.9 8.6 352.9 243.3 139.7 103.72000 ................................................... 531.2 8.3 309.9 238.4 133.2 105.22001 ................................................... 581.1 8.0 335.7 257.4 142.0 115.42002 ................................................... 626.3 7.8 306.8 279.6 154.3 125.32003 ................................................... 662.5 7.7 326.4 310.3 175.2 135.02004 ................................................... 697.7 7.5 343.5 328.3 187.0 141.32005 ................................................... 724.1 7.2 325.0 319.1 180.9 138.22006 ................................................... 749.6 6.7 305.3 306.3 177.7 128.62007 ................................................... 759.8 6.3 301.9 307.8 174.4 133.52008 ................................................... 815.3 5.5 459.7 314.3 180.2 134.12009 ................................................... 862.1 5.1 441.7 384.5 233.9 150.6

2008: Jan ................................................ 757.2 6.2 306.7 311.0 175.6 135.4Feb ................................................ 757.0 6.2 310.8 313.0 177.2 135.9Mar ............................................... 759.1 6.2 311.8 312.6 177.5 135.1Apr ................................................ 758.8 6.1 314.4 312.8 177.3 135.5May ............................................... 762.7 6.2 309.1 313.4 175.2 138.2June .............................................. 768.4 6.1 311.7 312.0 176.3 135.7July ............................................... 774.9 5.9 320.8 313.5 175.8 137.7Aug ................................................ 776.7 5.9 311.5 306.0 170.1 135.9Sept ............................................... 781.1 5.8 359.6 313.0 175.7 137.3Oct ................................................. 796.6 5.7 360.2 310.2 175.2 135.0Nov ................................................ 806.3 5.6 399.6 306.6 171.5 135.1Dec ................................................ 815.3 5.5 459.7 314.3 180.2 134.1

2009: Jan ................................................ 827.2 5.5 428.4 312.7 177.0 135.7Feb ................................................ 836.8 5.5 397.3 322.4 182.2 140.3Mar ............................................... 842.9 5.4 390.5 325.5 184.5 141.0Apr ................................................ 847.8 5.3 406.2 333.3 191.6 141.6May ............................................... 849.2 5.3 401.9 336.7 195.1 141.5June .............................................. 852.3 5.2 434.0 349.5 210.4 139.1July ............................................... 854.2 5.1 435.7 354.9 215.2 139.8Aug ................................................ 857.7 5.1 426.9 358.6 219.1 139.5Sept ............................................... 861.4 5.1 430.4 363.9 222.2 141.7Oct ................................................. 862.6 5.1 432.2 373.9 226.2 147.6Nov ................................................ 861.7 5.1 434.5 384.3 236.3 148.0Dec ................................................ 862.1 5.1 441.7 384.5 233.9 150.6

See next page for continuation of table.

Money Stock, Credit, and Finance | 413

Table B–70. Components of money stock measures, 1970–2009—Continued[Averages of daily figures; billions of dollars, seasonally adjusted]

Year and month

Savings deposits 1 Small-denomination time deposits 2

Retailmoneyfunds

Institutionalmoneyfunds 3Total

Atcommercial

banks

Atthrift

institutionsTotal

Atcommercial

banks

Atthrift

institutions

December:1970 ..................................... 261.0 98.6 162.3 151.2 79.3 71.9 0.0 0.01971 ..................................... 292.2 112.8 179.4 189.7 94.7 95.1 .0 .01972 ..................................... 321.4 124.8 196.6 231.6 108.2 123.5 .0 .01973 ..................................... 326.8 128.0 198.7 265.8 116.8 149.0 .1 .01974 ..................................... 338.6 136.8 201.8 287.9 123.1 164.8 1.4 .21975 ..................................... 388.9 161.2 227.6 337.9 142.3 195.5 2.4 .51976 ..................................... 453.2 201.8 251.4 390.7 155.5 235.2 1.8 .61977 ..................................... 492.2 218.8 273.4 445.5 167.5 278.0 1.8 1.01978 ..................................... 481.9 216.5 265.4 521.0 185.1 335.8 5.8 3.51979 ..................................... 423.8 195.0 228.8 634.3 235.5 398.7 33.9 10.41980 ..................................... 400.3 185.7 214.5 728.5 286.2 442.3 62.5 16.01981 ..................................... 343.9 159.0 184.9 823.1 347.7 475.4 151.7 38.21982 ..................................... 400.1 190.1 210.0 850.9 379.9 471.0 183.4 48.81983 ..................................... 684.9 363.2 321.7 784.1 350.9 433.1 135.3 40.91984 ..................................... 704.7 389.3 315.4 888.8 387.9 500.9 163.8 63.71985 ..................................... 815.3 456.6 358.6 885.7 386.4 499.3 173.8 66.71986 ..................................... 940.9 533.5 407.4 858.4 369.4 489.0 207.5 87.51987 ..................................... 937.4 534.8 402.6 921.0 391.7 529.3 222.1 94.61988 ..................................... 926.4 542.4 383.9 1,037.1 451.2 585.9 243.7 94.71989 ..................................... 893.7 541.1 352.6 1,151.3 533.8 617.6 320.4 112.41990 ..................................... 922.9 581.3 341.6 1,173.3 610.7 562.6 356.0 141.61991 ..................................... 1,044.5 664.8 379.6 1,065.3 602.2 463.1 370.2 190.91992 ..................................... 1,187.2 754.2 433.1 867.7 508.1 359.7 350.4 215.41993 ..................................... 1,219.3 785.3 434.0 781.5 467.9 313.6 350.3 219.91994 ..................................... 1,151.3 752.8 398.5 817.5 503.6 313.9 377.0 214.81995 ..................................... 1,135.9 774.8 361.0 932.4 575.8 356.5 444.7 268.01996 ..................................... 1,275.2 906.4 368.9 947.9 594.2 353.7 514.8 328.61997 ..................................... 1,402.1 1,023.2 378.9 967.6 625.5 342.2 590.4 403.11998 ..................................... 1,605.3 1,188.7 416.6 951.3 626.4 324.9 723.9 555.21999 ..................................... 1,739.2 1,288.2 451.0 955.2 636.9 318.3 817.5 660.72000 ..................................... 1,878.4 1,424.4 454.0 1,046.0 700.8 345.3 905.8 814.82001 ..................................... 2,309.2 1,738.5 570.7 974.6 636.1 338.5 968.1 1,216.42002 ..................................... 2,773.6 2,060.0 713.6 894.7 591.3 303.5 897.1 1,266.72003 ..................................... 3,162.9 2,338.1 824.8 817.9 541.8 276.1 786.0 1,127.52004 ..................................... 3,507.2 2,631.7 875.5 827.7 551.4 276.3 703.2 1,079.82005 ..................................... 3,604.9 2,775.9 829.0 992.0 645.2 346.8 706.9 1,151.32006 ..................................... 3,697.8 2,913.7 784.0 1,203.7 778.8 425.0 810.2 1,357.72007 ..................................... 3,876.2 3,047.4 828.8 1,272.7 856.2 416.5 984.7 1,913.92008 ..................................... 4,112.0 3,339.2 772.7 1,452.7 1,074.2 378.5 1,082.2 2,409.72009 ..................................... 4,849.0 4,006.9 842.2 1,168.4 851.5 316.9 813.5 2,219.7

2008: Jan ................................... 3,876.7 3,043.2 833.5 1,279.6 858.9 420.7 1,004.8 1,933.5Feb ................................... 3,914.9 3,076.5 838.3 1,285.6 863.4 422.2 1,044.2 2,059.8Mar .................................. 3,965.8 3,113.0 852.9 1,278.0 859.2 418.8 1,058.1 2,130.5Apr ................................... 3,969.2 3,112.6 856.6 1,277.3 858.0 419.3 1,077.7 2,173.1May .................................. 4,003.7 3,121.5 882.2 1,276.6 859.6 417.0 1,067.2 2,201.3June ................................. 4,018.0 3,121.4 896.6 1,274.1 862.9 411.3 1,060.7 2,232.7July .................................. 4,037.3 3,134.2 903.1 1,285.2 878.4 406.8 1,065.0 2,248.3Aug ................................... 4,018.5 3,126.5 892.0 1,312.6 903.9 408.7 1,059.4 2,272.3Sept .................................. 4,045.2 3,180.8 864.3 1,336.3 932.0 404.3 1,057.3 2,233.9Oct .................................... 4,050.0 3,263.3 786.7 1,397.1 1,024.6 372.5 1,094.8 2,225.4Nov ................................... 4,031.8 3,260.5 771.2 1,430.4 1,052.6 377.8 1,085.0 2,334.4Dec ................................... 4,112.0 3,339.2 772.7 1,452.7 1,074.2 378.5 1,082.2 2,409.7

2009: Jan ................................... 4,207.3 3,428.8 778.5 1,445.6 1,065.9 379.7 1,075.9 2,472.3Feb ................................... 4,284.8 3,495.1 789.8 1,437.6 1,056.0 381.6 1,056.2 2,494.7Mar .................................. 4,356.1 3,552.1 804.0 1,424.9 1,042.6 382.4 1,047.4 2,501.6Apr ................................... 4,326.4 3,520.9 805.4 1,404.9 1,027.9 377.0 1,019.8 2,514.2May .................................. 4,438.4 3,621.3 817.2 1,384.3 1,021.4 362.9 1,000.4 2,528.5June ................................. 4,466.8 3,640.9 825.9 1,361.5 1,003.2 358.4 972.8 2,511.3July .................................. 4,506.5 3,671.9 834.6 1,333.9 980.5 353.4 946.3 2,492.2Aug ................................... 4,546.0 3,715.5 830.5 1,303.9 961.9 342.0 915.0 2,447.0Sept .................................. 4,632.3 3,789.6 842.7 1,268.0 935.6 332.4 891.1 2,407.3Oct .................................... 4,716.5 3,861.1 855.4 1,229.2 901.8 327.4 861.8 2,339.2Nov ................................... 4,787.9 3,952.1 835.8 1,197.6 876.8 320.7 837.9 2,281.0Dec ................................... 4,849.0 4,006.9 842.2 1,168.4 851.5 316.9 813.5 2,219.7

1 Savings deposits including money market deposit accounts (MMDAs); data prior to 1982 are savings deposits only.2 Small-denomination deposits are those issued in amounts of less than $100,000.3 Institutional money funds are not part of non-M1 M2.Note: See also Table B–69.Source: Board of Governors of the Federal Reserve System.

414 | Appendix B

Table B–71. Aggregate reserves of depository institutions and the monetary base, 1979–2009[Averages of daily figures 1; millions of dollars; seasonally adjusted, except as noted]

Year and month

Adjusted for changes in reserve requirements 2 Borrowings from the Federal Reserve (NSA) 3

Reserves of depository institutions

Monetarybase Total 4

Termauctioncredit

Other borrowings from the Federal Reserve 5

Total Non-borrowed Required Excess

(NSA) 3 Primary

Primarydealer

andother

broker-dealercredit 6

Asset-backedcommercial

paper moneymarket

mutual fundliquidityfacility

Creditextended

toAmerican

Inter-nationalGroup,

Inc.,net 7

Termasset-backed

securitiesloan

facility,net 8

December:1979 .............. 20,720 19,248 20,279 442 131,143 1,473 .............. .............. ............... ...................... .................. ................1980 .............. 22,015 20,325 21,501 514 142,004 1,690 .............. .............. ............... ...................... .................. ................1981 .............. 22,443 21,807 22,124 319 149,021 636 .............. .............. ............... ...................... .................. ................1982 .............. 23,600 22,966 23,100 500 160,127 634 .............. .............. ............... ...................... .................. ................1983 .............. 25,367 24,593 24,806 561 175,467 774 .............. .............. ............... ...................... .................. ................1984 .............. 26,913 23,727 26,078 835 187,252 3,186 .............. .............. ............... ...................... .................. ................1985 .............. 31,569 30,250 30,505 1,063 203,555 1,318 .............. .............. ............... ...................... .................. ................1986 .............. 38,840 38,014 37,667 1,173 223,416 827 .............. .............. ............... ...................... .................. ................1987 .............. 38,913 38,135 37,893 1,019 239,829 777 .............. .............. ............... ...................... .................. ................1988 .............. 40,453 38,738 39,392 1,061 256,897 1,716 .............. .............. ............... ...................... .................. ................1989 .............. 40,486 40,221 39,545 941 267,774 265 .............. .............. ............... ...................... .................. ................1990 .............. 41,766 41,440 40,101 1,665 293,278 326 .............. .............. ............... ...................... .................. ................1991 .............. 45,516 45,324 44,526 990 317,543 192 .............. .............. ............... ...................... .................. ................1992 .............. 54,421 54,298 53,267 1,154 350,882 124 .............. .............. ............... ...................... .................. ................1993 .............. 60,566 60,484 59,497 1,069 386,586 82 .............. .............. ............... ...................... .................. ................1994 .............. 59,466 59,257 58,295 1,171 418,313 209 .............. .............. ............... ...................... .................. ................1995 .............. 56,483 56,226 55,193 1,290 434,610 257 .............. .............. ............... ...................... .................. ................1996 .............. 50,185 50,030 48,766 1,418 452,088 155 .............. .............. ............... ...................... .................. ................1997 .............. 46,875 46,551 45,189 1,687 479,996 324 .............. .............. ............... ...................... .................. ................1998 .............. 45,172 45,055 43,659 1,512 513,954 117 .............. .............. ............... ...................... .................. ................1999 .............. 42,173 41,852 40,879 1,294 593,740 9 320 .............. .............. ............... ...................... .................. ................2000 .............. 38,724 38,515 37,399 1,325 584,984 210 .............. .............. ............... ...................... .................. ................2001 .............. 41,428 41,361 39,785 1,643 635,567 67 .............. .............. ............... ...................... .................. ................2002 .............. 40,339 40,259 38,331 2,008 681,648 80 .............. .............. ............... ...................... .................. ................2003 .............. 42,630 42,585 41,583 1,047 720,391 46 .............. 17 ............... ...................... .................. ................2004 .............. 46,540 46,478 44,631 1,909 759,378 63 .............. 11 ............... ...................... .................. ................2005 .............. 45,089 44,920 43,188 1,901 787,579 169 .............. 97 ............... ...................... .................. ................2006 .............. 43,220 43,029 41,357 1,863 812,411 191 .............. 111 ............... ...................... .................. ................2007 .............. 43,214 27,783 41,429 1,784 824,373 15,431 11,613 3,787 ............... ...................... .................. ................2008 .............. 820,306 166,740 52,972 767,333 1,654,068 653,565 438,327 88,245 47,631 32,102 47,206 ................2009 .............. 1,138,633 968,706 63,187 1,075,446 2,017,698 169,927 82,014 19,025 0 0 22,023 46,310

2008: Jan ............ 42,289 –3,371 40,641 1,648 820,299 45,659 44,516 1,137 ............... ...................... .................. ................Feb ............ 43,397 –16,760 41,782 1,615 820,953 60,157 60,000 155 ............... ...................... .................. ................Mar ........... 45,119 –49,405 42,474 2,644 824,824 94,524 75,484 1,617 16,168 ...................... .................. ................Apr ............ 44,789 –90,620 43,052 1,737 823,692 135,410 100,000 9,624 25,764 ...................... .................. ................May ........... 45,708 –110,073 43,869 1,838 827,435 155,780 127,419 14,076 14,238 ...................... .................. ................June .......... 45,674 –125,604 43,449 2,225 833,059 171,278 150,000 14,225 6,908 ...................... .................. ................July ........... 45,274 –120,390 43,361 1,913 839,687 165,664 150,000 15,204 255 ...................... .................. ................Aug ............ 46,258 –121,821 44,382 1,876 843,236 168,078 150,000 17,980 0 ...................... .................. ................Sept ........... 103,583 –186,522 44,101 59,483 905,225 290,105 149,814 32,632 53,473 31,877 22,187 ................Oct ............. 315,458 –332,861 48,299 267,159 1,130,444 648,319 244,778 94,017 114,953 117,457 77,047 ................Nov ............ 609,305 –89,480 50,484 558,821 1,435,013 698,786 393,088 95,839 60,655 71,009 78,070 ................Dec ............ 820,306 166,740 52,972 767,333 1,654,068 653,565 438,327 88,245 47,631 32,102 47,206 ................

2009: Jan ............ 856,993 293,496 58,813 798,180 1,702,465 563,496 403,523 70,436 33,061 17,745 38,690 ................Feb ............ 699,935 117,438 56,486 643,449 1,555,039 582,497 438,822 65,463 26,250 13,533 38,414 ................Mar ........... 779,497 167,385 54,891 724,605 1,640,732 612,111 477,049 62,513 20,292 7,857 43,328 1,061Apr ............ 881,019 322,825 56,658 824,362 1,747,298 558,194 444,933 47,324 10,918 4,267 45,057 5,649May ........... 900,866 375,418 56,797 844,068 1,768,832 525,448 403,970 40,124 701 23,347 44,915 12,367June .......... 809,196 370,473 57,840 751,355 1,679,687 438,722 316,868 37,302 0 18,891 43,057 22,552July ........... 794,995 428,033 62,015 732,980 1,666,475 366,961 255,119 34,366 0 6,230 43,108 27,993Aug ............ 828,466 497,017 62,639 765,827 1,703,377 331,450 224,490 32,147 0 184 40,021 33,898Sept ........... 922,473 615,646 62,408 860,065 1,800,961 306,827 196,731 29,243 0 79 39,074 41,036Oct ............. 1,056,405 791,347 61,673 994,732 1,936,564 265,058 155,396 25,163 0 28 41,222 42,765Nov ............ 1,140,488 923,181 63,200 1,077,288 2,018,813 217,307 110,049 20,434 0 0 43,222 43,497Dec ............ 1,138,633 968,706 63,187 1,075,446 2,017,698 169,927 82,014 19,025 0 0 22,023 46,310

1 Data are prorated averages of biweekly (maintenance period) averages of daily figures.2 Aggregate reserves incorporate adjustments for discontinuities associated with regulatory changes to reserve requirements. For details on aggregate

reserves series see Federal Reserve Bulletin.3 Not seasonally adjusted (NSA).4 Includes secondary, seasonal, other credit extensions, and adjustment not shown separately.5 Does not include credit extensions made by the Federal Reserve Bank of New York to Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and

Commercial Paper Funding Facility LLC.6 Includes credit extended through the Primary Dealer Credit Facility and credit extended to certain other broker-dealers.7 Includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and allowance for loan restructuring. Excludes credit

extended to consolidated LLCs as described in footnote 5.8 Includes credit extended by Federal Reserve Bank of New York to eligible borrowers through the Term Asset-Backed Securities Loan Facility, net of

unamortized deferred administrative fees.9 Total includes borrowing under the terms and conditions established for the Century Date Change Special Liquidity Facility in effect from October 1, 1999

through April 7, 2000.Source: Board of Governors of the Federal Reserve System.

Money Stock, Credit, and Finance | 415

Table B–72. Bank credit at all commercial banks, 1972–2009[Monthly average; billions of dollars, seasonally adjusted 1]

Year and monthTotalbankcredit

Securities in bank credit 2 Loans and leases in bank credit

Totalsecu-rities

U.S.Treasury

andagencysecu-rities

Othersecu-rities

Totalloansand

leases 3

Com-mercial

andindustrial

loans

Real estate loansCon-

sumerloans 6

Otherloansand

leases 7Total 4Revolving

homeequityloans

Com-mercialloans 5

December:1972 .............................. 561.8 159.7 86.9 72.8 402.0 133.1 96.9 ................ ................ 85.3 86.81973 .............................. 643.1 166.9 90.1 76.8 476.2 161.2 117.0 ................ ................ 98.4 99.71974 .............................. 707.5 172.1 88.2 83.9 535.4 191.3 129.8 ................ ................ 102.1 112.21975 .............................. 737.8 204.9 118.1 86.8 532.9 183.4 134.1 ................ ................ 104.3 111.11976 .............................. 798.6 226.7 137.5 89.1 571.9 185.2 148.5 ................ ................ 115.8 122.31977 .............................. 885.6 234.3 137.5 96.8 651.3 204.7 175.1 ................ ................ 138.0 133.51978 .............................. 1,003.8 240.2 138.3 101.9 763.6 237.2 210.5 ................ ................ 164.4 151.51979 .............................. 1,119.0 258.5 146.8 111.7 860.5 279.6 241.7 ................ ................ 183.7 155.51980 .............................. 1,217.8 294.2 172.2 121.9 923.7 312.0 262.3 ................ ................ 178.6 170.81981 .............................. 1,298.6 307.6 180.5 127.0 991.1 350.2 283.6 ................ ................ 182.0 175.21982 .............................. 1,398.5 334.5 203.2 131.3 1,063.9 392.0 299.7 ................ ................ 187.6 184.61983 .............................. 1,550.2 398.7 261.2 137.5 1,151.5 413.8 330.4 ................ ................ 212.7 194.71984 .............................. 1,715.4 401.3 260.5 140.7 1,314.1 472.8 376.1 ................ ................ 253.5 211.61985 .............................. 1,902.2 450.0 271.5 178.5 1,452.1 499.8 425.4 ................ ................ 294.4 232.51986 .............................. 2,084.7 503.0 309.7 193.3 1,581.7 536.5 493.3 ................ ................ 315.2 236.61987 .............................. 2,229.3 527.7 335.6 192.0 1,701.6 566.6 585.9 30.8 ................ 327.8 221.41988 .............................. 2,405.7 547.7 359.5 188.2 1,858.0 604.4 665.0 40.0 ................ 355.3 233.31989 .............................. 2,569.7 569.4 400.6 168.8 2,000.3 635.5 760.0 50.4 ................ 373.5 231.31990 .............................. 2,704.9 615.8 458.5 157.3 2,089.1 638.2 841.7 62.2 ................ 375.6 233.61991 .............................. 2,815.8 724.5 560.0 164.5 2,091.3 617.6 869.1 70.5 ................ 363.6 241.11992 .............................. 2,916.1 821.0 661.3 159.7 2,095.1 598.0 887.9 73.8 ................ 354.7 254.41993 .............................. 3,070.5 891.3 725.0 166.3 2,179.2 585.4 929.9 73.3 ................ 386.4 277.51994 .............................. 3,238.2 889.1 713.6 175.5 2,349.1 643.6 986.6 75.2 ................ 443.7 275.11995 .............................. 3,470.8 891.3 693.4 197.9 2,579.5 715.2 1,062.0 79.1 ................ 484.4 317.91996 .............................. 3,635.7 887.6 692.3 195.3 2,748.1 778.4 1,121.9 85.4 ................ 505.4 342.41997 .............................. 3,959.8 984.8 746.4 238.4 2,975.0 845.2 1,220.4 98.1 ................ 498.8 410.61998 .............................. 4,359.6 1,089.6 790.7 298.9 3,270.0 938.1 1,308.4 96.2 ................ 497.3 526.31999 .............................. 4,605.7 1,147.6 805.2 342.4 3,458.1 999.6 1,456.8 99.5 ................ 485.9 515.82000 .............................. 5,027.0 1,191.6 781.6 410.0 3,835.5 1,083.7 1,637.1 129.5 ................ 532.4 582.32001 .............................. 5,210.2 1,319.6 840.6 479.0 3,890.6 1,021.8 1,754.3 152.3 ................ 550.4 564.12002 .............................. 5,642.7 1,509.6 1,007.0 502.5 4,133.1 960.2 2,007.2 211.7 ................ 579.0 586.72003 .............................. 6,010.5 1,636.3 1,092.1 544.3 4,374.2 898.2 2,209.7 278.4 ................ 635.6 630.72004 .............................. 6,563.6 1,728.2 1,151.1 577.0 4,835.5 918.5 2,547.8 395.2 1,077.7 685.9 683.32005 .............................. 7,258.6 1,825.0 1,139.8 685.2 5,433.6 1,041.6 2,916.0 442.9 1,266.6 697.6 778.52006 .............................. 8,037.8 1,962.6 1,188.6 774.0 6,075.3 1,181.2 3,355.8 466.8 1,454.3 732.1 806.22007 .............................. 8,843.5 2,083.2 1,107.6 975.6 6,760.3 1,424.4 3,588.4 483.2 1,589.5 793.4 954.02008 .............................. 9,372.5 2,109.4 1,240.3 869.1 7,263.1 1,617.7 3,823.2 588.0 1,726.8 861.4 960.82009 .............................. 9,082.1 2,342.5 1,424.8 917.7 6,739.6 1,343.0 3,809.0 601.7 1,648.1 832.6 755.0

2008: Jan ............................ 8,926.2 2,075.8 1,093.7 982.0 6,850.4 1,450.7 3,612.5 487.0 1,603.6 791.7 995.6Feb ............................ 8,965.3 2,081.2 1,090.0 991.2 6,884.1 1,468.9 3,628.8 491.6 1,618.4 794.2 992.3Mar ........................... 9,035.4 2,082.3 1,097.6 984.7 6,953.1 1,497.6 3,670.9 496.8 1,631.6 799.5 985.2Apr ............................ 8,976.6 2,072.7 1,096.5 976.2 6,903.9 1,512.6 3,649.5 503.0 1,640.4 804.8 937.0May ........................... 9,001.6 2,080.0 1,105.5 974.5 6,921.6 1,518.7 3,645.8 508.6 1,648.3 808.3 948.7June .......................... 8,992.9 2,084.9 1,117.5 967.4 6,908.0 1,531.5 3,634.3 514.5 1,659.6 813.4 928.8July ........................... 9,021.5 2,085.1 1,122.0 963.1 6,936.4 1,544.3 3,622.3 521.6 1,663.6 823.7 946.1Aug ............................ 9,038.2 2,072.4 1,130.1 942.3 6,965.8 1,557.7 3,623.7 526.4 1,666.7 829.5 954.9Sept ........................... 9,195.1 2,112.7 1,149.5 963.2 7,082.4 1,581.4 3,664.1 539.8 1,674.9 834.9 1,002.0Oct ............................. 9,541.2 2,231.5 1,217.6 1,013.9 7,309.7 1,645.6 3,822.0 578.4 1,719.2 852.6 989.5Nov ............................ 9,406.2 2,166.8 1,252.5 914.3 7,239.4 1,636.9 3,820.4 582.6 1,723.6 858.1 923.9Dec ............................ 9,372.5 2,109.4 1,240.3 869.1 7,263.1 1,617.7 3,823.2 588.0 1,726.8 861.4 960.8

2009: Jan ............................ 9,337.1 2,145.7 1,273.0 872.7 7,191.4 1,601.1 3,805.0 593.0 1,720.8 869.8 915.6Feb ............................ 9,347.6 2,162.6 1,261.7 900.8 7,185.0 1,587.1 3,818.2 595.7 1,721.6 879.9 899.7Mar ........................... 9,328.6 2,187.2 1,273.0 914.2 7,141.4 1,564.1 3,836.1 600.2 1,720.3 870.6 870.6Apr ............................ 9,266.9 2,185.0 1,263.8 921.2 7,081.9 1,545.0 3,831.4 605.1 1,715.6 859.7 845.8May ........................... 9,338.1 2,210.7 1,263.2 947.5 7,127.4 1,525.4 3,875.6 613.1 1,712.2 858.3 868.1June .......................... 9,319.6 2,252.5 1,293.5 959.0 7,067.1 1,499.0 3,862.5 610.9 1,704.6 856.2 849.4July ........................... 9,249.6 2,268.1 1,325.5 942.6 6,981.5 1,482.8 3,846.8 608.3 1,697.8 852.6 799.3Aug ............................ 9,210.4 2,304.0 1,363.1 940.8 6,906.5 1,450.7 3,825.5 606.9 1,690.5 850.5 779.8Sept ........................... 9,126.9 2,314.1 1,379.4 934.7 6,812.8 1,414.7 3,781.9 604.0 1,679.8 848.0 768.2Oct ............................. 9,046.3 2,305.0 1,372.1 932.8 6,741.4 1,383.5 3,757.3 601.8 1,667.1 846.6 754.0Nov ............................ 9,103.7 2,309.8 1,382.9 926.9 6,793.8 1,366.0 3,823.0 604.6 1,660.6 842.2 762.7Dec ............................ 9,082.1 2,342.5 1,424.8 917.7 6,739.6 1,343.0 3,809.0 601.7 1,648.1 832.6 755.0

1 Data are prorated averages of Wednesday values for domestically chartered commercial banks, branches and agencies of foreign banks, New York Stateinvestment companies (through September 1996), and Edge Act and agreement corporations.

2 Includes securities held in trading accounts, held-to-maturity, and available for sale. Excludes all non-security trading assets, such as derivatives with apositive fair value or loans held in trading accounts.

3 Excludes unearned income. Includes the allowance for loan and lease losses. Excludes Federal funds sold to, reverse repurchase agreements (RPs) with,and loans to commercial banks. Includes all loans held in trading accounts under a fair value option.

4 Includes closed-end residential loans, not shown separately.5 Includes construction, land development, and other land loans, and loans secured by farmland, multifamily (5 or more) residential properties, and nonfarm

nonresidential properties.6 Includes credit cards and other consumer loans.7 Includes other items, not shown separately.Note: Data in this table are shown as of January 22, 2010.Source: Board of Governors of the Federal Reserve System.

416 | Appendix B

Table B–73. Bond yields and interest rates, 1929–2009[Percent per annum]

Year andmonth

U.S. Treasury securities Corporatebonds

(Moody’s)

High-grademuni-cipal

bonds(Stand-ard &Poor’s)

New-homemort-gage

yields 4

Primerate

chargedby

banks 5

Discount window(Federal Reserve Bank

of New York) 5, 6 Federalfundsrate 7

Bills(at auction) 1

Constantmaturities 2

3-month 6-month 3-year 10-year 30-year Aaa 3 Baa Primarycredit

Adjust-mentcredit

1929 ................. .............. .............. .............. .............. .............. 4.73 5.90 4.27 .............. 5.50–6.00 ................. 5.16 ...............1933 ................. 0.515 .............. .............. .............. .............. 4.49 7.76 4.71 .............. 1.50–4.00 ................. 2.56 ...............1939 ................. .023 .............. .............. .............. .............. 3.01 4.96 2.76 .............. 1.50 ................. 1.00 ...............1940 ................. .014 .............. .............. .............. .............. 2.84 4.75 2.50 .............. 1.50 ................. 1.00 ...............1941 ................. .103 .............. .............. .............. .............. 2.77 4.33 2.10 .............. 1.50 ................. 1.00 ...............1942 ................. .326 .............. .............. .............. .............. 2.83 4.28 2.36 .............. 1.50 ................. 8 1.00 ...............1943 ................. .373 .............. .............. .............. .............. 2.73 3.91 2.06 .............. 1.50 ................. 8 1.00 ...............1944 ................. .375 .............. .............. .............. .............. 2.72 3.61 1.86 .............. 1.50 ................. 8 1.00 ...............1945 ................. .375 .............. .............. .............. .............. 2.62 3.29 1.67 .............. 1.50 ................. 8 1.00 ...............1946 ................. .375 .............. .............. .............. .............. 2.53 3.05 1.64 .............. 1.50 ................. 8 1.00 ...............1947 ................. .594 .............. .............. .............. .............. 2.61 3.24 2.01 .............. 1.50–1.75 ................. 1.00 ...............1948 ................. 1.040 .............. .............. .............. .............. 2.82 3.47 2.40 .............. 1.75–2.00 ................. 1.34 ...............1949 ................. 1.102 .............. .............. .............. .............. 2.66 3.42 2.21 .............. 2.00 ................. 1.50 ...............1950 ................. 1.218 .............. .............. .............. .............. 2.62 3.24 1.98 .............. 2.07 ................. 1.59 ...............1951 ................. 1.552 .............. .............. .............. .............. 2.86 3.41 2.00 .............. 2.56 ................. 1.75 ...............1952 ................. 1.766 .............. .............. .............. .............. 2.96 3.52 2.19 .............. 3.00 ................. 1.75 ...............1953 ................. 1.931 .............. 2.47 2.85 .............. 3.20 3.74 2.72 .............. 3.17 ................. 1.99 ...............1954 ................. .953 .............. 1.63 2.40 .............. 2.90 3.51 2.37 .............. 3.05 ................. 1.60 ...............1955 ................. 1.753 .............. 2.47 2.82 .............. 3.06 3.53 2.53 .............. 3.16 ................. 1.89 1.791956 ................. 2.658 .............. 3.19 3.18 .............. 3.36 3.88 2.93 .............. 3.77 ................. 2.77 2.731957 ................. 3.267 .............. 3.98 3.65 .............. 3.89 4.71 3.60 .............. 4.20 ................. 3.12 3.111958 ................. 1.839 .............. 2.84 3.32 .............. 3.79 4.73 3.56 .............. 3.83 ................. 2.15 1.571959 ................. 3.405 3.832 4.46 4.33 .............. 4.38 5.05 3.95 .............. 4.48 ................. 3.36 3.311960 ................. 2.93 3.25 3.98 4.12 .............. 4.41 5.19 3.73 .............. 4.82 ................. 3.53 3.211961 ................. 2.38 2.61 3.54 3.88 .............. 4.35 5.08 3.46 .............. 4.50 ................. 3.00 1.951962 ................. 2.78 2.91 3.47 3.95 .............. 4.33 5.02 3.18 .............. 4.50 ................. 3.00 2.711963 ................. 3.16 3.25 3.67 4.00 .............. 4.26 4.86 3.23 5.89 4.50 ................. 3.23 3.181964 ................. 3.56 3.69 4.03 4.19 .............. 4.40 4.83 3.22 5.83 4.50 ................. 3.55 3.501965 ................. 3.95 4.05 4.22 4.28 .............. 4.49 4.87 3.27 5.81 4.54 ................. 4.04 4.071966 ................. 4.88 5.08 5.23 4.93 .............. 5.13 5.67 3.82 6.25 5.63 ................. 4.50 5.111967 ................. 4.32 4.63 5.03 5.07 .............. 5.51 6.23 3.98 6.46 5.63 ................. 4.19 4.221968 ................. 5.34 5.47 5.68 5.64 .............. 6.18 6.94 4.51 6.97 6.31 ................. 5.17 5.661969 ................. 6.68 6.85 7.02 6.67 .............. 7.03 7.81 5.81 7.81 7.96 ................. 5.87 8.211970 ................. 6.43 6.53 7.29 7.35 .............. 8.04 9.11 6.51 8.45 7.91 ................. 5.95 7.171971 ................. 4.35 4.51 5.66 6.16 .............. 7.39 8.56 5.70 7.74 5.73 ................. 4.88 4.671972 ................. 4.07 4.47 5.72 6.21 .............. 7.21 8.16 5.27 7.60 5.25 ................. 4.50 4.441973 ................. 7.04 7.18 6.96 6.85 .............. 7.44 8.24 5.18 7.96 8.03 ................. 6.45 8.741974 ................. 7.89 7.93 7.84 7.56 .............. 8.57 9.50 6.09 8.92 10.81 ................. 7.83 10.511975 ................. 5.84 6.12 7.50 7.99 .............. 8.83 10.61 6.89 9.00 7.86 ................. 6.25 5.821976 ................. 4.99 5.27 6.77 7.61 .............. 8.43 9.75 6.49 9.00 6.84 ................. 5.50 5.051977 ................. 5.27 5.52 6.68 7.42 7.75 8.02 8.97 5.56 9.02 6.83 ................. 5.46 5.541978 ................. 7.22 7.58 8.29 8.41 8.49 8.73 9.49 5.90 9.56 9.06 ................. 7.46 7.941979 ................. 10.05 10.02 9.70 9.43 9.28 9.63 10.69 6.39 10.78 12.67 ................. 10.29 11.201980 ................. 11.51 11.37 11.51 11.43 11.27 11.94 13.67 8.51 12.66 15.26 ................. 11.77 13.351981 ................. 14.03 13.78 14.46 13.92 13.45 14.17 16.04 11.23 14.70 18.87 ................. 13.42 16.391982 ................. 10.69 11.08 12.93 13.01 12.76 13.79 16.11 11.57 15.14 14.85 ................. 11.01 12.241983 ................. 8.63 8.75 10.45 11.10 11.18 12.04 13.55 9.47 12.57 10.79 ................. 8.50 9.091984 ................. 9.53 9.77 11.92 12.46 12.41 12.71 14.19 10.15 12.38 12.04 ................. 8.80 10.231985 ................. 7.47 7.64 9.64 10.62 10.79 11.37 12.72 9.18 11.55 9.93 ................. 7.69 8.101986 ................. 5.98 6.03 7.06 7.67 7.78 9.02 10.39 7.38 10.17 8.33 ................. 6.32 6.801987 ................. 5.82 6.05 7.68 8.39 8.59 9.38 10.58 7.73 9.31 8.21 ................. 5.66 6.661988 ................. 6.69 6.92 8.26 8.85 8.96 9.71 10.83 7.76 9.19 9.32 ................. 6.20 7.571989 ................. 8.12 8.04 8.55 8.49 8.45 9.26 10.18 7.24 10.13 10.87 ................. 6.93 9.211990 ................. 7.51 7.47 8.26 8.55 8.61 9.32 10.36 7.25 10.05 10.01 ................. 6.98 8.101991 ................. 5.42 5.49 6.82 7.86 8.14 8.77 9.80 6.89 9.32 8.46 ................. 5.45 5.691992 ................. 3.45 3.57 5.30 7.01 7.67 8.14 8.98 6.41 8.24 6.25 ................. 3.25 3.521993 ................. 3.02 3.14 4.44 5.87 6.59 7.22 7.93 5.63 7.20 6.00 ................. 3.00 3.021994 ................. 4.29 4.66 6.27 7.09 7.37 7.96 8.62 6.19 7.49 7.15 ................. 3.60 4.211995 ................. 5.51 5.59 6.25 6.57 6.88 7.59 8.20 5.95 7.87 8.83 ................. 5.21 5.831996 ................. 5.02 5.09 5.99 6.44 6.71 7.37 8.05 5.75 7.80 8.27 ................. 5.02 5.301997 ................. 5.07 5.18 6.10 6.35 6.61 7.26 7.86 5.55 7.71 8.44 ................. 5.00 5.461998 ................. 4.81 4.85 5.14 5.26 5.58 6.53 7.22 5.12 7.07 8.35 ................. 4.92 5.351999 ................. 4.66 4.76 5.49 5.65 5.87 7.04 7.87 5.43 7.04 8.00 ................. 4.62 4.972000 ................. 5.85 5.92 6.22 6.03 5.94 7.62 8.36 5.77 7.52 9.23 ................. 5.73 6.242001 ................. 3.44 3.39 4.09 5.02 5.49 7.08 7.95 5.19 7.00 6.91 ................. 3.40 3.882002 ................. 1.62 1.69 3.10 4.61 5.43 6.49 7.80 5.05 6.43 4.67 ................. 1.17 1.672003 ................. 1.01 1.06 2.10 4.01 .............. 5.67 6.77 4.73 5.80 4.12 2.12 ................. 1.132004 ................. 1.38 1.57 2.78 4.27 .............. 5.63 6.39 4.63 5.77 4.34 2.34 ................. 1.352005 ................. 3.16 3.40 3.93 4.29 .............. 5.24 6.06 4.29 5.94 6.19 4.19 ................. 3.222006 ................. 4.73 4.80 4.77 4.80 4.91 5.59 6.48 4.42 6.63 7.96 5.96 ................. 4.972007 ................. 4.41 4.48 4.35 4.63 4.84 5.56 6.48 4.42 6.41 8.05 5.86 ................. 5.022008 ................. 1.48 1.71 2.24 3.66 4.28 5.63 7.45 4.80 6.05 5.09 2.39 ................. 1.922009 ................. .16 .29 1.43 3.26 4.08 5.31 7.30 4.64 5.14 3.25 .50 ................. .16

1 High bill rate at auction, issue date within period, bank-discount basis. On or after October 28, 1998, data are stop yields from uniform-price auctions.Before that date, they are weighted average yields from multiple-price auctions.

See next page for continuation of table.

Money Stock, Credit, and Finance | 417

Table B–73. Bond yields and interest rates, 1929–2009—Continued[Percent per annum]

Year andmonth

U.S. Treasury securities Corporatebonds

(Moody's)

High-grademuni-cipal

bonds(Stand-ard &Poor's)

New-homemort-gage

yields 4

Primerate

chargedby

banks 5

Discount window(Federal Reserve Bank

of New York) 5, 6 Federalfundsrate 7

Bills(at auction) 1

Constantmaturities 2

3-month 6-month 3-year 10-year 30-year Aaa 3 Baa Primarycredit

Adjust-mentcredit

High-low High-low High-low

2005: Jan ........ 2.32 2.60 3.39 4.22 ............. 5.36 6.02 4.28 6.01 5.25–5.25 3.25–3.25 ................ 2.28Feb ........ 2.53 2.76 3.54 4.17 ............. 5.20 5.82 4.14 5.75 5.50–5.25 3.50–3.25 ................ 2.50Mar ....... 2.75 3.00 3.91 4.50 ............. 5.40 6.06 4.42 5.82 5.75–5.50 3.75–3.50 ................ 2.63Apr ........ 2.78 3.06 3.79 4.34 ............. 5.33 6.05 4.31 5.84 5.75–5.75 3.75–3.75 ................ 2.79May ....... 2.85 3.10 3.72 4.14 ............. 5.15 6.01 4.16 5.82 6.00–5.75 4.00–3.75 ................ 3.00June ...... 2.98 3.13 3.69 4.00 ............. 4.96 5.86 4.08 5.76 6.25–6.00 4.25–4.00 ................ 3.04July ....... 3.21 3.41 3.91 4.18 ............. 5.06 5.95 4.15 5.76 6.25–6.25 4.25–4.25 ................ 3.26Aug ........ 3.45 3.67 4.08 4.26 ............. 5.09 5.96 4.21 5.83 6.50–6.25 4.50–4.25 ................ 3.50Sept ....... 3.46 3.68 3.96 4.20 ............. 5.13 6.03 4.28 5.99 6.75–6.50 4.75–4.50 ................ 3.62Oct ......... 3.70 3.98 4.29 4.46 ............. 5.35 6.30 4.49 6.03 6.75–6.75 4.75–4.75 ................ 3.78Nov ........ 3.90 4.16 4.43 4.54 ............. 5.42 6.39 4.53 6.20 7.00–7.00 5.00–5.00 ................ 4.00Dec ........ 3.89 4.19 4.39 4.47 ............. 5.37 6.32 4.43 6.39 7.25–7.00 5.25–5.00 ................ 4.16

2006: Jan ........ 4.20 4.29 4.35 4.42 ............. 5.29 6.24 4.31 6.12 7.50–7.25 5.50–5.25 ................ 4.29Feb ........ 4.41 4.51 4.64 4.57 4.54 5.35 6.27 4.41 6.40 7.50–7.50 5.50–5.50 ................ 4.49Mar ....... 4.51 4.61 4.74 4.72 4.73 5.53 6.41 4.44 6.53 7.75–7.50 5.75–5.50 ................ 4.59Apr ........ 4.59 4.71 4.89 4.99 5.06 5.84 6.68 4.60 6.64 7.75–7.75 5.75–5.75 ................ 4.79May ....... 4.72 4.81 4.97 5.11 5.20 5.95 6.75 4.61 6.69 8.00–7.75 6.00–5.75 ................ 4.94June ...... 4.79 4.95 5.09 5.11 5.15 5.89 6.78 4.64 6.79 8.25–8.00 6.25–6.00 ................ 4.99July ....... 4.96 5.09 5.07 5.09 5.13 5.85 6.76 4.64 6.81 8.25–8.25 6.25–6.25 ................ 5.24Aug ........ 4.98 4.99 4.85 4.88 5.00 5.68 6.59 4.43 6.87 8.25–8.25 6.25–6.25 ................ 5.25Sept ....... 4.82 4.90 4.69 4.72 4.85 5.51 6.43 4.30 6.72 8.25–8.25 6.25–6.25 ................ 5.25Oct ......... 4.89 4.91 4.72 4.73 4.85 5.51 6.42 4.32 6.69 8.25–8.25 6.25–6.25 ................ 5.25Nov ........ 4.95 4.95 4.64 4.60 4.69 5.33 6.20 4.17 6.55 8.25–8.25 6.25–6.25 ................ 5.25Dec ........ 4.84 4.87 4.58 4.56 4.68 5.32 6.22 4.17 6.37 8.25–8.25 6.25–6.25 ................ 5.24

2007: Jan ........ 4.96 4.93 4.79 4.76 4.85 5.40 6.34 4.29 6.35 8.25–8.25 6.25–6.25 ................ 5.25Feb ........ 5.02 4.96 4.75 4.72 4.82 5.39 6.28 4.21 6.31 8.25–8.25 6.25–6.25 ................ 5.26Mar ....... 4.96 4.90 4.51 4.56 4.72 5.30 6.27 4.18 6.22 8.25–8.25 6.25–6.25 ................ 5.26Apr ........ 4.87 4.87 4.60 4.69 4.87 5.47 6.39 4.32 6.21 8.25–8.25 6.25–6.25 ................ 5.25May ....... 4.77 4.80 4.69 4.75 4.90 5.47 6.39 4.37 6.22 8.25–8.25 6.25–6.25 ................ 5.25June ...... 4.63 4.77 5.00 5.10 5.20 5.79 6.70 4.64 6.54 8.25–8.25 6.25–6.25 ................ 5.25July ....... 4.83 4.85 4.82 5.00 5.11 5.73 6.65 4.64 6.70 8.25–8.25 6.25–6.25 ................ 5.26Aug ........ 4.34 4.56 4.34 4.67 4.93 5.79 6.65 4.73 6.73 8.25–8.25 6.25–5.75 ................ 5.02Sept ....... 4.01 4.13 4.06 4.52 4.79 5.74 6.59 4.57 6.58 8.25–7.75 5.75–5.25 ................ 4.94Oct ......... 3.96 4.08 4.01 4.53 4.77 5.66 6.48 4.41 6.55 7.75–7.50 5.25–5.00 ................ 4.76Nov ........ 3.49 3.63 3.35 4.15 4.52 5.44 6.40 4.45 6.42 7.50–7.50 5.00–5.00 ................ 4.49Dec ........ 3.08 3.29 3.13 4.10 4.53 5.49 6.65 4.22 6.21 7.50–7.25 5.00–4.75 ................ 4.24

2008: Jan ........ 2.86 2.84 2.51 3.74 4.33 5.33 6.54 4.00 6.02 7.25–6.00 4.75–3.50 ................ 3.94Feb ........ 2.21 2.09 2.19 3.74 4.52 5.53 6.82 4.35 5.96 6.00–6.00 3.50–3.50 ................ 2.98Mar ....... 1.38 1.53 1.80 3.51 4.39 5.51 6.89 4.67 5.92 6.00–5.25 3.50–2.50 ................ 2.61Apr ........ 1.32 1.54 2.23 3.68 4.44 5.55 6.97 4.43 5.98 5.25–5.00 2.50–2.25 ................ 2.28May ....... 1.71 1.82 2.69 3.88 4.60 5.57 6.93 4.34 6.01 5.00–5.00 2.25–2.25 ................ 1.98June ...... 1.89 2.15 3.08 4.10 4.69 5.68 7.07 4.48 6.13 5.00–5.00 2.25–2.25 ................ 2.00July ....... 1.72 1.99 2.87 4.01 4.57 5.67 7.16 4.88 6.29 5.00–5.00 2.25–2.25 ................ 2.01Aug ........ 1.79 1.96 2.70 3.89 4.50 5.64 7.15 4.90 6.33 5.00–5.00 2.25–2.25 ................ 2.00Sept ....... 1.46 1.78 2.32 3.69 4.27 5.65 7.31 5.03 6.09 5.00–5.00 2.25–2.25 ................ 1.81Oct ......... .84 1.39 1.86 3.81 4.17 6.28 8.88 5.68 6.10 5.00–4.00 2.25–1.25 ................ .97Nov ........ .30 .86 1.51 3.53 4.00 6.12 9.21 5.28 6.16 4.00–4.00 1.25–1.25 ................ .39Dec ........ .04 .32 1.07 2.42 2.87 5.05 8.43 5.53 5.67 4.00–3.25 1.25–0.50 ................ .16

2009: Jan ........ .12 .31 1.13 2.52 3.13 5.05 8.14 5.13 5.11 3.25–3.25 0.50–0.50 ................ .15Feb ........ .31 .46 1.37 2.87 3.59 5.27 8.08 5.00 5.09 3.25–3.25 0.50–0.50 ................ .22Mar ....... .25 .43 1.31 2.82 3.64 5.50 8.42 5.15 5.10 3.25–3.25 0.50–0.50 ................ .18Apr ........ .17 .37 1.32 2.93 3.76 5.39 8.39 4.88 4.96 3.25–3.25 0.50–0.50 ................ .15May ....... .19 .31 1.39 3.29 4.23 5.54 8.06 4.60 4.92 3.25–3.25 0.50–0.50 ................ .18June ...... .17 .32 1.76 3.72 4.52 5.61 7.50 4.84 5.17 3.25–3.25 0.50–0.50 ................ .21July ....... .19 .29 1.55 3.56 4.41 5.41 7.09 4.69 5.40 3.25–3.25 0.50–0.50 ................ .16Aug ........ .18 .27 1.65 3.59 4.37 5.26 6.58 4.58 5.32 3.25–3.25 0.50–0.50 ................ .16Sept ....... .13 .22 1.48 3.40 4.19 5.13 6.31 4.13 5.26 3.25–3.25 0.50–0.50 ................ .15Oct ......... .08 .17 1.46 3.39 4.19 5.15 6.29 4.20 5.14 3.25–3.25 0.50–0.50 ................ .12Nov ........ .06 .16 1.32 3.40 4.31 5.19 6.32 4.35 5.08 3.25–3.25 0.50–0.50 ................ .12Dec ........ .07 .17 1.38 3.59 4.49 5.26 6.37 4.16 5.01 3.25–3.25 0.50–0.50 ................ .12

2 Yields on the more actively traded issues adjusted to constant maturities by the Department of the Treasury. The 30-year Treasury constant maturity serieswas discontinued on February 18, 2002, and reintroduced on February 9, 2006.

3 Beginning with December 7, 2001, data for corporate Aaa series are industrial bonds only.4 Effective rate (in the primary market) on conventional mortgages, reflecting fees and charges as well as contract rate and assuming, on the average,

repayment at end of 10 years. Rates beginning with January 1973 not strictly comparable with prior rates.5 For monthly data, high and low for the period. Prime rate for 1929–1933 and 1947–1948 are ranges of the rate in effect during the period.6 Primary credit replaced adjustment credit as the Federal Reserve's principal discount window lending program effective January 9, 2003.7 Since July 19, 1975, the daily effective rate is an average of the rates on a given day weighted by the volume of transactions at these rates. Prior to that

date, the daily effective rate was the rate considered most representative of the day's transactions, usually the one at which most transactions occurred.8 From October 30, 1942 to April 24, 1946, a preferential rate of 0.50 percent was in effect for advances secured by Government securities maturing in one

year or less.Sources: Department of the Treasury, Board of Governors of the Federal Reserve System, Federal Housing Finance Agency, Moody's Investors Service, and

Standard & Poor's.

418 | Appendix B

Table B–74. Credit market borrowing, 2001–2009[Billions of dollars; quarterly data at seasonally adjusted annual rates]

Item 2001 2002 2003 2004 2005 2006 2007 2008

NONFINANCIAL SECTORSDomestic ................................................................................... 1,151.9 1,408.0 1,677.7 1,991.7 2,329.2 2,398.5 2,536.7 1,870.4

By instrument .................................................................... 1,151.9 1,408.0 1,677.7 1,991.7 2,329.2 2,398.5 2,536.7 1,870.4Commercial paper ...................................................... –83.1 –57.9 –37.3 15.3 –7.7 22.4 11.3 7.7Treasury securities ...................................................... –5.1 257.1 398.4 362.5 307.3 183.7 237.5 1,239.0Agency- and GSE-backed securities 1 ........................ –0.5 .5 –2.4 –.6 –.4 –.3 –.4 .2Municipal securities ................................................... 122.8 159.4 137.6 130.5 195.0 177.4 215.6 65.4Corporate bonds ......................................................... 343.4 133.4 152.2 75.5 56.7 215.6 311.2 204.6Bank loans n.e.c. ........................................................ –87.5 –108.2 –76.3 5.2 134.5 175.3 240.2 192.6Other loans and advances .......................................... 6.1 29.6 10.2 60.0 120.1 142.4 318.4 40.6Mortgages .................................................................. 705.4 888.9 989.9 1,226.3 1,423.6 1,386.7 1,066.0 80.2

Home ..................................................................... 552.0 754.7 812.3 1,014.7 1,108.6 1,059.8 695.7 –115.7Multifamily residential ......................................... 40.6 37.3 71.4 49.6 70.9 55.1 103.0 58.8Commercial ........................................................... 109.1 90.1 118.5 149.5 235.0 268.5 262.7 119.1Farm ...................................................................... 3.8 6.9 –12.2 12.5 9.1 3.3 4.6 18.0

Consumer credit ......................................................... 150.6 105.2 105.5 117.0 100.3 95.3 136.9 40.2By sector ............................................................................ 1,151.9 1,408.0 1,677.7 1,991.7 2,329.2 2,398.5 2,536.7 1,870.4

Household sector ........................................................ 672.0 825.3 995.9 1,049.6 1,168.1 1,176.0 861.3 37.0Nonfinancial business ................................................ 380.0 181.0 165.7 464.7 682.5 887.9 1,252.3 551.0

Corporate .............................................................. 211.9 23.0 86.8 203.8 333.7 465.1 783.0 347.7Nonfarm noncorporate ......................................... 161.7 150.8 91.5 245.2 331.6 408.6 454.8 202.2Farm ...................................................................... 6.4 7.1 –12.6 15.8 17.3 14.2 14.6 1.1

State and local governments ..................................... 105.5 144.1 120.1 115.4 171.7 151.2 185.9 43.3Federal Government ................................................... –5.6 257.6 396.0 361.9 306.9 183.4 237.1 1,239.2

Foreign borrowing in the United States ................................... –11.2 93.4 43.0 155.3 113.0 332.6 170.3 –129.5Commercial paper ............................................................. 18.3 58.8 18.9 69.2 38.6 98.4 –69.3 –71.0Bonds ................................................................................. –18.5 31.6 28.7 85.8 64.5 227.8 218.7 –62.1Bank loans n.e.c. ............................................................... –7.3 5.3 –2.5 3.8 14.5 13.8 24.1 5.1Other loans and advances ................................................. –3.8 –2.3 –2.1 –3.6 –4.6 –7.4 –3.2 –1.5

Nonfinancial domestic and foreign borrowing ......................... 1,140.8 1,501.3 1,720.7 2,146.9 2,442.3 2,731.1 2,707.0 1,740.9FINANCIAL SECTORSBy instrument ........................................................................... 874.7 876.5 1,066.7 979.8 1,118.5 1,291.0 1,791.9 888.5

Open market paper ............................................................ –126.9 –99.9 –63.5 21.7 214.2 196.3 –111.4 –125.6GSE issues 1 ....................................................................... 304.1 219.8 250.9 75.0 –84.0 35.6 282.4 271.7Agency- and GSE-backed mortgage pool securities 1 ....... 338.5 326.8 330.6 47.9 167.3 295.4 626.3 497.3Corporate bonds ................................................................ 310.2 388.7 487.1 669.6 743.8 798.2 693.3 –291.1Bank loans n.e.c. ............................................................... 21.0 23.1 21.4 66.0 18.8 –62.3 70.9 496.1Other loans and advances ................................................. 25.5 6.8 31.2 74.1 44.4 21.2 225.8 33.3Mortgages ......................................................................... 2.2 11.2 8.9 25.5 14.1 6.6 4.7 6.8

By sector ................................................................................... 874.7 876.5 1,066.7 979.8 1,118.5 1,291.0 1,791.9 888.5Commercial banking .......................................................... 52.9 49.7 48.5 78.4 85.1 177.4 263.2 161.1

U.S.-chartered commercial banks .............................. 30.2 29.9 13.2 18.7 36.9 107.5 131.8 79.1Foreign banking offices in the United States ............. –0.9 –.4 –.1 .1 .0 –.3 .0 –.2Bank holding companies ............................................ 23.6 20.3 35.4 59.5 48.2 70.2 131.3 82.3

Savings institutions ........................................................... 0.0 –23.1 35.3 91.4 22.5 –108.2 104.1 –67.1Credit unions ...................................................................... 1.5 2.0 2.2 2.3 3.3 4.2 13.4 8.3Life insurance companies .................................................. 0.6 2.0 2.9 3.0 .4 2.7 14.5 26.2Government-sponsored enterprises .................................. 304.1 219.8 250.9 75.0 –84.0 35.6 282.4 271.7Agency- and GSE-backed mortgage pools 1 ...................... 338.5 326.8 330.6 47.9 167.3 295.4 626.3 497.3Asset-backed securities issuers ........................................ 264.5 218.4 249.7 440.7 730.2 798.7 335.2 –425.2Finance companies ............................................................ 10.9 66.2 111.1 134.3 33.5 34.8 34.9 –79.4REITs 2 ................................................................................ 3.8 27.0 32.3 94.6 55.4 15.5 10.2 –48.6Brokers and dealers ........................................................... 1.4 –1.7 6.4 15.2 .1 6.4 –4.0 77.7Funding corporations ......................................................... –103.6 –10.7 –3.2 –2.9 104.7 28.3 111.6 466.4

ALL SECTORS, BY INSTRUMENTTotal .......................................................................................... 2,015.5 2,377.8 2,787.4 3,126.8 3,560.7 4,022.0 4,498.8 2,629.4

Open market paper ............................................................ –191.6 –99.1 –82.0 106.2 245.1 317.1 –169.4 –189.0Treasury securities ............................................................. –5.1 257.1 398.4 362.5 307.3 183.7 237.5 1,239.0Agency- and GSE-backed securities 1 ............................... 642.1 547.2 579.1 122.3 82.8 330.6 908.3 769.2Municipal securities .......................................................... 122.8 159.4 137.6 130.5 195.0 177.4 215.6 65.4Corporate and foreign bonds ............................................. 635.2 553.7 668.0 830.9 865.0 1,241.6 1,223.2 –148.6Bank loans n.e.c. ............................................................... –73.9 –79.8 –57.4 75.1 167.8 126.8 335.1 693.8Other loans and advances ................................................. 27.8 34.1 39.3 130.5 159.8 156.2 541.0 72.4Mortgages ......................................................................... 707.6 900.1 998.8 1,251.8 1,437.7 1,393.3 1,070.7 87.0Consumer credit ................................................................ 150.6 105.2 105.5 117.0 100.3 95.3 136.9 40.2

1 Government-sponsored enterprises (GSE).2 Real estate investment trusts (REITs).See next page for continuation of table.

Money Stock, Credit, and Finance | 419

Table B–74. Credit market borrowing, 2001–2009—Continued[Billions of dollars; quarterly data at seasonally adjusted annual rates]

Item2008 2009

I II III IV I II III

NONFINANCIAL SECTORSDomestic .................................................................................... 1,748.3 1,056.8 2,665.5 2,011.2 1,430.0 1,514.1 965.6

By instrument ..................................................................... 1,748.3 1,056.8 2,665.5 2,011.2 1,430.0 1,514.1 965.6Commercial paper ....................................................... 42.9 –77.3 62.8 2.2 –151.9 –145.9 –11.0Treasury securities ....................................................... 411.4 310.1 2,080.2 2,154.2 1,442.8 1,896.4 1,481.2Agency- and GSE-backed securities 1 ......................... 1.3 .3 –1.7 1.0 –3.2 –1.1 3.7Municipal securities .................................................... 95.5 61.2 98.2 6.9 120.5 117.3 158.6Corporate bonds .......................................................... 181.0 354.9 92.4 190.1 579.2 395.9 262.0Bank loans n.e.c. ......................................................... 256.2 85.6 368.0 60.6 –353.1 –297.3 –282.0Other loans and advances ........................................... 114.4 95.1 83.0 –130.0 –50.9 –48.5 –20.2Mortgages ................................................................... 530.6 121.5 –134.2 –197.3 –64.8 –282.0 –545.2

Home ...................................................................... 272.9 –113.3 –328.4 –293.8 –61.6 –225.5 –452.9Multifamily residential .......................................... 70.4 69.8 59.6 35.3 2.0 1.6 –5.2Commercial ............................................................ 169.4 147.2 116.5 43.1 –7.4 –60.3 –89.3Farm ....................................................................... 17.9 17.9 18.1 18.1 2.1 2.2 2.2

Consumer credit .......................................................... 115.0 105.4 16.6 –76.4 –88.7 –120.8 –81.6By sector ............................................................................. 1,748.3 1,056.8 2,665.5 2,011.2 1,430.0 1,514.1 965.6

Household sector ......................................................... 431.4 31.8 –62.1 –253.3 –160.7 –214.2 –351.3Nonfinancial business ................................................. 825.6 689.9 575.7 112.8 52.9 –248.9 –283.9

Corporate ............................................................... 467.8 461.2 405.6 56.3 240.6 56.8 94.2Nonfarm noncorporate .......................................... 380.6 195.8 190.4 42.0 –195.1 –299.9 –368.3Farm ....................................................................... –22.7 32.8 –20.3 14.5 7.5 –5.8 –9.8

State and local governments ...................................... 78.6 24.8 73.3 –3.5 98.2 82.0 115.9Federal Government .................................................... 412.7 310.4 2,078.5 2,155.2 1,439.6 1,895.3 1,484.9

Foreign borrowing in the United States .................................... 325.3 103.8 –517.5 –429.8 179.7 192.0 291.4Commercial paper .............................................................. 212.0 41.7 –276.4 –261.5 63.1 –23.5 200.3Bonds .................................................................................. 79.9 73.2 –261.8 –139.7 137.5 220.7 99.0Bank loans n.e.c. ................................................................ 35.4 –9.0 21.5 –27.4 –19.4 –6.0 –8.2Other loans and advances .................................................. –2.0 –2.1 –.8 –1.3 –1.5 .7 .3

Nonfinancial domestic and foreign borrowing .......................... 2,073.6 1,160.7 2,148.0 1,581.4 1,609.6 1,706.1 1,257.0FINANCIAL SECTORSBy instrument ............................................................................ 884.5 947.9 1,167.3 554.3 –1,781.3 –2,134.4 –1,532.6

Open market paper ............................................................. –231.5 –232.6 –380.6 342.3 –573.7 –565.8 –430.5GSE issues 1 ........................................................................ 111.7 655.8 202.4 117.0 –254.5 –680.9 –590.3Agency- and GSE-backed mortgage pool securities 1 ........ 533.8 666.4 503.4 285.5 304.4 555.9 481.1Corporate bonds ................................................................. 83.6 –109.7 –540.4 –597.7 –431.0 –448.0 –227.7Bank loans n.e.c. ................................................................ 180.8 10.2 986.6 806.7 –484.1 –627.9 –511.6Other loans and advances .................................................. 185.7 –39.6 390.0 –402.9 –348.0 –377.2 –251.5Mortgages .......................................................................... 20.4 –2.6 5.9 3.4 5.6 9.5 –2.1

By sector .................................................................................... 884.5 947.9 1,167.3 554.3 –1,781.3 –2,134.4 –1,532.6Commercial banking ........................................................... 228.8 299.2 259.2 –142.7 –298.7 –42.4 –152.4

U.S.-chartered commercial banks ............................... 92.0 9.2 512.3 –297.3 –307.7 –59.4 –231.2Foreign banking offices in the United States .............. –0.6 –.1 .0 .0 .0 .0 .0Bank holding companies ............................................. 137.4 290.1 –253.1 154.7 9.1 17.0 78.8

Savings institutions ............................................................ 101.3 –76.2 –203.7 –89.9 –82.9 –336.2 –95.6Credit unions ....................................................................... –15.2 27.6 32.4 –11.6 –41.2 –7.2 –.8Life insurance companies ................................................... 9.6 9.2 38.0 48.0 –9.6 –8.0 –12.0Government-sponsored enterprises ................................... 111.7 655.8 202.4 117.0 –254.5 –680.9 –590.3Agency- and GSE-backed mortgage pools 1 ....................... 533.8 666.4 503.4 285.5 304.4 555.9 481.1Asset-backed securities issuers ......................................... –255.1 –454.2 –384.7 –606.6 –617.4 –556.9 –573.6Finance companies ............................................................. 129.7 .8 –169.9 –278.0 –168.3 –168.9 –142.5REITs 2 ................................................................................. –69.8 –24.9 –30.5 –69.2 –34.3 –46.2 –20.1Brokers and dealers ............................................................ 221.2 –136.7 762.9 –536.4 –159.9 –.5 7.6Funding corporations .......................................................... –111.4 –19.0 157.8 1,838.3 –419.1 –843.0 –433.9

ALL SECTORS, BY INSTRUMENTTotal ........................................................................................... 2,958.1 2,108.6 3,315.3 2,135.7 –171.7 –428.3 –275.6

Open market paper ............................................................. 23.4 –268.2 –594.2 83.0 –662.5 –735.2 –241.2Treasury securities .............................................................. 411.4 310.1 2,080.2 2,154.2 1,442.8 1,896.4 1,481.2Agency- and GSE-backed securities 1 ................................ 646.7 1,322.5 704.1 403.5 46.7 –126.1 –105.5Municipal securities ........................................................... 95.5 61.2 98.2 6.9 120.5 117.3 158.6Corporate and foreign bonds .............................................. 344.5 318.3 –709.7 –547.3 285.7 168.6 133.3Bank loans n.e.c. ................................................................ 472.4 86.8 1,376.1 839.9 –856.6 –931.1 –801.7Other loans and advances .................................................. 298.1 53.5 472.2 –534.2 –400.5 –424.9 –271.3Mortgages .......................................................................... 551.1 118.9 –128.3 –193.9 –59.2 –272.5 –547.3Consumer credit ................................................................. 115.0 105.4 16.6 –76.4 –88.7 –120.8 –81.6

Source: Board of Governors of the Federal Reserve System.

420 | Appendix B

Table B–75. Mortgage debt outstanding by type of property and of financing, 1950–2009[Billions of dollars]

End of year orquarter

Allproper-

ties

Farmproper-

ties

Nonfarm properties Nonfarm properties by type of mortgage

Total1- to 4-familyhouses

Multi-familyproper-

ties

Com-mercialproper-

ties

Government underwritten Conventional 2

Total 1

1- to 4-family houses

Total1- to 4-familyhousesTotal FHA-

insuredVA-

guar-anteed

1950 ...................... 72.7 6.0 66.6 45.1 10.1 11.5 22.1 18.8 8.5 10.3 44.6 26.21951 ...................... 82.1 6.6 75.6 51.6 11.5 12.5 26.6 22.9 9.7 13.2 49.0 28.81952 ...................... 91.3 7.2 84.1 58.4 12.3 13.4 29.3 25.4 10.8 14.6 54.8 33.11953 ...................... 101.1 7.7 93.4 65.9 12.9 14.5 32.1 28.1 12.0 16.1 61.3 37.91954 ...................... 113.6 8.2 105.4 75.7 13.5 16.3 36.2 32.1 12.8 19.3 69.3 43.61955 ...................... 129.9 9.0 120.9 88.2 14.3 18.3 42.9 38.9 14.3 24.6 78.0 49.31956 ...................... 144.5 9.8 134.6 99.0 14.9 20.7 47.8 43.9 15.5 28.4 86.8 55.11957 ...................... 156.5 10.4 146.1 107.6 15.3 23.2 51.6 47.2 16.5 30.7 94.6 60.41958 ...................... 171.8 11.1 160.7 117.7 16.8 26.1 55.2 50.1 19.7 30.4 105.5 67.61959 ...................... 191.6 12.1 179.5 131.6 18.7 29.2 59.3 53.8 23.8 30.0 120.2 77.71960 ...................... 208.3 12.8 195.4 142.7 20.3 32.4 62.3 56.4 26.7 29.7 133.1 86.31961 ...................... 229.1 13.9 215.1 155.8 23.0 36.4 65.6 59.1 29.5 29.6 149.5 96.71962 ...................... 252.7 15.2 237.5 170.5 25.8 41.1 69.4 62.2 32.3 29.9 168.1 108.31963 ...................... 280.0 16.8 263.1 187.9 29.0 46.2 73.4 65.9 35.0 30.9 189.7 122.01964 ...................... 307.4 18.9 288.4 204.8 33.6 50.0 77.2 69.2 38.3 30.9 211.3 135.61965 ...................... 334.7 21.2 313.5 221.9 37.2 54.5 81.2 73.1 42.0 31.1 232.4 148.81966 ...................... 357.9 23.1 334.8 234.4 40.3 60.1 84.1 76.1 44.8 31.3 250.7 158.31967 ...................... 382.5 25.0 357.4 248.7 43.9 64.8 88.2 79.9 47.4 32.5 269.3 168.81968 ...................... 412.1 27.3 384.8 266.1 47.3 71.4 93.4 84.4 50.6 33.8 291.4 181.61969 ...................... 442.5 29.2 413.3 283.9 52.3 77.1 100.2 90.2 54.5 35.7 313.1 193.71970 ...................... 474.5 30.5 444.0 298.0 60.1 85.8 109.2 97.3 59.9 37.3 334.7 200.81971 ...................... 525.0 32.4 492.7 326.4 70.1 96.2 120.7 105.2 65.7 39.5 371.9 221.21972 ...................... 598.2 35.4 562.9 367.0 82.8 113.1 131.1 113.0 68.2 44.7 431.7 254.11973 ...................... 673.9 39.8 634.1 408.7 93.2 132.3 135.0 116.2 66.2 50.0 499.1 292.41974 ...................... 734.0 44.9 689.1 441.5 100.0 147.5 140.2 121.3 65.1 56.2 548.8 320.21975 ...................... 793.9 49.9 744.0 483.2 100.7 160.1 147.0 127.7 66.1 61.6 597.0 355.51976 ...................... 881.1 55.4 825.7 546.4 105.9 173.4 154.0 133.5 66.5 67.0 671.6 412.91977 ...................... 1,013.0 63.8 949.2 642.5 114.3 192.3 161.7 141.6 68.0 73.6 787.4 500.91978 ...................... 1,165.5 72.8 1,092.8 753.7 125.2 213.9 176.4 153.4 71.4 82.0 916.4 600.31979 ...................... 1,331.5 86.8 1,244.7 870.8 135.0 238.8 199.0 172.9 81.0 92.0 1,045.7 697.91980 ...................... 1,467.6 97.5 1,370.1 969.7 141.1 259.3 225.1 195.2 93.6 101.6 1,145.1 774.51981 ...................... 1,591.5 107.2 1,484.3 1,046.5 139.2 298.6 238.9 207.6 101.3 106.2 1,245.4 838.91982 ...................... 1,676.1 111.3 1,564.8 1,091.1 141.1 332.6 248.9 217.9 108.0 109.9 1,315.9 873.31983 ...................... 1,871.7 113.7 1,757.9 1,214.9 154.3 388.6 279.8 248.8 127.4 121.4 1,478.1 966.11984 ...................... 2,120.6 112.4 2,008.2 1,358.9 177.4 471.9 294.8 265.9 136.7 129.1 1,713.4 1,093.01985 ...................... 2,370.3 94.1 2,276.2 1,528.8 205.9 541.5 328.3 288.8 153.0 135.8 1,947.8 1,240.01986 ...................... 2,657.9 84.0 2,573.9 1,732.8 239.3 601.7 370.5 328.6 185.5 143.1 2,203.4 1,404.21987 ...................... 2,996.2 75.8 2,920.4 1,960.9 262.1 697.4 431.4 387.9 235.5 152.4 2,489.0 1,573.01988 ...................... 3,313.1 70.8 3,242.3 2,194.7 279.0 768.6 459.7 414.2 258.8 155.4 2,782.6 1,780.51989 ...................... 3,585.4 68.8 3,516.6 2,428.1 289.9 798.6 486.8 440.1 282.8 157.3 3,029.8 1,988.01990 ...................... 3,788.2 67.6 3,720.6 2,613.6 288.3 818.8 517.9 470.9 310.9 160.0 3,202.7 2,142.71991 ...................... 3,929.8 67.5 3,862.4 2,771.9 284.9 805.6 537.2 493.3 330.6 162.7 3,325.2 2,278.61992 ...................... 4,043.4 67.9 3,975.5 2,942.0 272.0 761.5 533.3 489.8 326.0 163.8 3,442.2 2,452.21993 ...................... 4,174.8 68.4 4,106.4 3,100.9 269.1 736.4 513.4 469.5 303.2 166.2 3,592.9 2,631.41994 ...................... 4,339.2 69.9 4,269.3 3,278.2 269.5 721.6 559.3 514.2 336.8 177.3 3,710.0 2,764.01995 ...................... 4,524.9 71.7 4,453.2 3,445.4 275.4 732.4 584.3 537.1 352.3 184.7 3,869.0 2,908.31996 ...................... 4,792.5 74.4 4,718.1 3,668.4 287.6 762.1 620.3 571.2 379.2 192.0 4,097.8 3,097.31997 ...................... 5,104.5 78.5 5,026.0 3,902.5 299.4 824.1 656.7 605.7 405.7 200.0 4,369.4 3,296.81998 ...................... 5,589.6 83.1 5,506.5 4,259.0 333.5 914.0 674.1 623.8 417.9 205.9 4,832.4 3,635.21999 ...................... 6,195.4 87.2 6,108.2 4,683.0 374.3 1,051.0 731.5 678.8 462.3 216.5 5,376.8 4,004.22000 ...................... 6,754.2 84.7 6,669.4 5,107.8 403.5 1,158.2 773.1 720.0 499.9 220.1 5,896.3 4,387.82001 ...................... 7,461.8 88.5 7,373.2 5,659.7 445.5 1,268.0 772.7 718.5 497.4 221.2 6,600.6 4,941.22002 ...................... 8,361.9 95.4 8,266.5 6,414.4 484.5 1,367.6 759.3 704.0 486.2 217.7 7,507.2 5,710.42003 ...................... 9,365.5 83.2 9,282.3 7,223.6 564.3 1,494.4 709.2 653.3 438.7 214.6 8,573.1 6,570.32004 ...................... 10,627.4 95.7 10,531.8 8,248.4 617.5 1,665.9 661.5 605.4 398.1 207.3 9,870.3 7,643.02005 ...................... 12,065.1 104.8 11,960.3 9,357.0 688.2 1,915.1 606.6 550.4 348.4 202.0 11,353.7 8,806.62006 ...................... 13,458.4 108.0 13,350.3 10,416.8 743.6 2,189.9 600.2 543.5 336.9 206.6 12,750.2 9,873.32007 ...................... 14,529.0 112.7 14,416.4 11,112.5 844.3 2,459.6 609.2 552.6 342.6 210.0 13,807.2 10,559.92008 ...................... 14,616.0 130.7 14,485.3 11,005.3 909.9 2,570.2 807.2 750.7 534.0 216.7 13,678.1 10,254.62008: I .................. 14,661.5 117.2 14,544.4 11,180.3 863.1 2,501.0 640.7 583.8 372.3 211.5 13,903.7 10,596.5

II ................. 14,699.8 121.6 14,578.2 11,160.3 880.5 2,537.4 683.9 627.2 412.2 215.0 13,894.3 10,533.0III ................ 14,684.8 126.1 14,558.7 11,107.8 900.4 2,550.4 742.7 686.1 474.4 211.7 13,815.9 10,421.6IV ................ 14,616.0 130.7 14,485.3 11,005.3 909.9 2,570.2 807.2 750.7 534.0 216.7 13,678.1 10,254.6

2009: I .................. 14,598.1 131.2 14,466.9 10,990.8 912.6 2,563.6 863.6 806.7 577.8 228.9 13,603.4 10,184.1II ................. 14,537.4 131.7 14,405.7 10,942.7 912.9 2,550.0 921.5 863.1 628.0 235.2 13,484.2 10,079.6III p .............. 14,418.7 132.3 14,286.5 10,850.0 911.6 2,524.8 940.8 881.0 697.3 183.7 13,345.7 9,969.1

1 Includes Federal Housing Administration (FHA)–insured multi-family properties, not shown separately.2 Derived figures. Total includes multi-family and commercial properties with conventional mortgages, not shown separately.Source: Board of Governors of the Federal Reserve System, based on data from various Government and private organizations.

Money Stock, Credit, and Finance | 421

Table B–76. Mortgage debt outstanding by holder, 1950–2009[Billions of dollars]

End of year or quarter Total

Major financial institutions Other holders

Total Savingsinstitutions 1

Commercialbanks 2

Lifeinsurancecompanies

Federaland

relatedagencies 3

Individualsand

others 4

1950 .................................................. 72.7 51.7 21.9 13.7 16.1 2.6 18.41951 .................................................. 82.1 59.5 25.5 14.7 19.3 3.3 19.31952 .................................................. 91.3 66.9 29.8 15.9 21.3 3.9 20.41953 .................................................. 101.1 75.0 34.8 16.9 23.3 4.4 21.71954 .................................................. 113.6 85.7 41.1 18.6 26.0 4.7 23.21955 .................................................. 129.9 99.3 48.9 21.0 29.4 5.3 25.31956 .................................................. 144.5 111.2 55.5 22.7 33.0 6.2 27.11957 .................................................. 156.5 119.7 61.2 23.3 35.2 7.7 29.11958 .................................................. 171.8 131.5 68.9 25.5 37.1 8.0 32.31959 .................................................. 191.6 145.5 78.1 28.1 39.2 10.2 35.91960 .................................................. 208.3 157.5 86.9 28.8 41.8 11.5 39.31961 .................................................. 229.1 172.6 98.0 30.4 44.2 12.2 44.21962 .................................................. 252.7 192.5 111.1 34.5 46.9 12.6 47.61963 .................................................. 280.0 217.1 127.2 39.4 50.5 11.8 51.01964 .................................................. 307.4 241.0 141.9 44.0 55.2 12.2 54.11965 .................................................. 334.7 264.6 154.9 49.7 60.0 13.5 56.61966 .................................................. 357.9 280.7 161.8 54.4 64.6 17.5 59.71967 .................................................. 382.5 298.7 172.3 58.9 67.5 20.9 62.81968 .................................................. 412.1 319.7 184.3 65.5 70.0 25.1 67.31969 .................................................. 442.5 338.9 196.4 70.5 72.0 31.1 72.41970 .................................................. 474.5 355.9 208.3 73.3 74.4 38.3 80.21971 .................................................. 525.0 394.2 236.2 82.5 75.5 46.3 84.51972 .................................................. 598.2 449.9 273.6 99.3 76.9 54.5 93.81973 .................................................. 673.9 505.4 305.0 119.1 81.4 64.7 103.91974 .................................................. 734.0 542.6 324.2 132.1 86.2 82.2 109.21975 .................................................. 793.9 581.2 355.8 136.2 89.2 101.1 111.51976 .................................................. 881.1 647.5 404.6 151.3 91.6 116.7 116.91977 .................................................. 1,013.0 745.2 469.4 179.0 96.8 140.5 127.31978 .................................................. 1,165.5 848.2 528.0 214.0 106.2 170.6 146.81979 .................................................. 1,331.5 938.2 574.6 245.2 118.4 216.0 177.31980 .................................................. 1,467.6 996.8 603.1 262.7 131.1 256.8 214.01981 .................................................. 1,591.5 1,040.5 618.5 284.2 137.7 289.4 261.61982 .................................................. 1,676.1 1,021.3 578.1 301.3 142.0 355.4 299.41983 .................................................. 1,871.7 1,108.1 626.6 330.5 151.0 433.3 330.21984 .................................................. 2,120.6 1,247.8 709.7 381.4 156.7 490.6 382.31985 .................................................. 2,370.3 1,363.5 760.5 431.2 171.8 580.9 425.81986 .................................................. 2,657.9 1,476.5 778.0 504.7 193.8 733.7 447.71987 .................................................. 2,996.2 1,667.6 860.5 594.8 212.4 857.9 470.71988 .................................................. 3,313.1 1,834.3 924.5 676.9 232.9 937.8 541.11989 .................................................. 3,585.4 1,935.2 910.3 770.7 254.2 1,067.3 582.91990 .................................................. 3,788.2 1,918.8 801.6 849.3 267.9 1,258.9 610.51991 .................................................. 3,929.8 1,846.2 705.4 881.3 259.5 1,422.5 661.21992 .................................................. 4,043.4 1,770.4 627.9 900.5 242.0 1,558.1 714.91993 .................................................. 4,174.8 1,770.1 598.4 947.8 223.9 1,682.8 721.81994 .................................................. 4,339.2 1,824.7 596.2 1,012.7 215.8 1,788.0 726.61995 .................................................. 4,524.9 1,900.1 596.8 1,090.2 213.1 1,878.7 746.21996 .................................................. 4,792.5 1,981.9 628.3 1,145.4 208.2 2,006.1 804.61997 .................................................. 5,104.5 2,084.0 631.8 1,245.3 206.8 2,111.4 909.11998 .................................................. 5,589.6 2,194.6 644.0 1,337.0 213.6 2,310.9 1,084.21999 .................................................. 6,195.4 2,394.3 668.1 1,495.4 230.8 2,613.3 1,187.92000 .................................................. 6,754.2 2,619.0 723.0 1,660.1 235.9 2,834.4 1,300.82001 .................................................. 7,461.8 2,790.9 758.0 1,789.8 243.0 3,205.0 1,465.92002 .................................................. 8,361.9 3,089.3 781.0 2,058.3 250.0 3,592.2 1,680.42003 .................................................. 9,365.5 3,387.3 870.6 2,255.8 260.9 4,026.8 1,951.42004 .................................................. 10,627.4 3,926.3 1,057.4 2,595.6 273.3 4,079.1 2,622.02005 .................................................. 12,065.1 4,396.2 1,152.7 2,958.0 285.5 4,208.5 3,460.42006 .................................................. 13,458.4 4,780.8 1,074.0 3,403.1 303.8 4,525.9 4,151.62007 .................................................. 14,529.0 5,065.8 1,095.3 3,644.4 326.2 5,190.2 4,273.02008 .................................................. 14,616.0 5,044.0 860.2 3,841.4 342.4 5,759.3 3,812.72008: I .............................................. 14,661.5 5,127.2 1,111.8 3,684.5 330.9 5,344.5 4,189.8

II ............................................. 14,699.8 5,112.7 1,115.6 3,660.7 336.4 5,518.2 4,068.9III ............................................ 14,684.8 5,077.9 883.6 3,853.4 340.9 5,651.1 3,955.9IV ............................................ 14,616.0 5,044.0 860.2 3,841.4 342.4 5,759.3 3,812.7

2009: I .............................................. 14,598.1 5,041.7 849.8 3,853.3 338.6 5,858.8 3,697.6II ............................................. 14,537.4 4,988.1 755.5 3,897.6 335.0 5,981.5 3,567.8III p .......................................... 14,418.7 4,857.2 728.7 3,795.5 332.9 6,112.2 3,449.4

1 Includes savings banks and savings and loan associations. Data reported by Federal Savings and Loan Insurance Corporation–insured institutions includeloans in process for 1987 and exclude loans in process beginning with 1988.

2 Includes loans held by nondeposit trust companies but not loans held by bank trust departments.3 Includes Government National Mortgage Association (GNMA or Ginnie Mae), Federal Housing Administration, Veterans Administration, Farmers Home

Administration (FmHA), Federal Deposit Insurance Corporation, Resolution Trust Corporation (through 1995), and in earlier years Reconstruction FinanceCorporation, Homeowners Loan Corporation, Federal Farm Mortgage Corporation, and Public Housing Administration. Also includes U.S.-sponsored agenciessuch as Federal National Mortgage Association (FNMA or Fannie Mae), Federal Land Banks, Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac),Federal Agricultural Mortgage Corporation (Farmer Mac, beginning 1994), Federal Home Loan Banks (beginning 1997), and mortgage pass-through securitiesissued or guaranteed by GNMA, FHLMC, FNMA, FmHA, or Farmer Mac. Other U.S. agencies (amounts small or current separate data not readily available)included with "individuals and others."

4 Includes private mortgage pools.Source: Board of Governors of the Federal Reserve System, based on data from various Government and private organizations.

422 | Appendix B

Table B–77. Consumer credit outstanding, 1959–2009[Amount outstanding (end of month); millions of dollars, seasonally adjusted]

Year and monthTotal

consumercredit 1

Revolving Nonrevolving 2

December:1959 ................................................................. 56,010.68 ........................................................ 56,010.681960 ................................................................. 60,025.31 ........................................................ 60,025.311961 ................................................................. 62,248.53 ........................................................ 62,248.531962 ................................................................. 68,126.72 ........................................................ 68,126.721963 ................................................................. 76,581.45 ........................................................ 76,581.451964 ................................................................. 85,959.57 ........................................................ 85,959.571965 ................................................................. 95,954.72 ........................................................ 95,954.721966 ................................................................. 101,788.22 ........................................................ 101,788.221967 ................................................................. 106,842.64 ........................................................ 106,842.641968 ................................................................. 117,399.09 2,041.54 115,357.551969 ................................................................. 127,156.18 3,604.84 123,551.351970 ................................................................. 131,551.55 4,961.46 126,590.091971 ................................................................. 146,930.18 8,245.33 138,684.841972 ................................................................. 166,189.10 9,379.24 156,809.861973 ................................................................. 190,086.31 11,342.22 178,744.091974 ................................................................. 198,917.84 13,241.26 185,676.581975 ................................................................. 204,002.00 14,495.27 189,506.731976 ................................................................. 225,721.59 16,489.05 209,232.541977 ................................................................. 260,562.70 37,414.82 223,147.881978 ................................................................. 306,100.39 45,690.95 260,409.431979 ................................................................. 348,589.11 53,596.43 294,992.671980 ................................................................. 351,920.05 54,970.05 296,950.001981 ................................................................. 371,301.44 60,928.00 310,373.441982 ................................................................. 389,848.74 66,348.30 323,500.441983 ................................................................. 437,068.86 79,027.25 358,041.611984 ................................................................. 517,278.98 100,385.63 416,893.351985 ................................................................. 599,711.23 124,465.80 475,245.431986 ................................................................. 654,750.24 141,068.15 513,682.081987 ................................................................. 686,318.77 160,853.91 525,464.861988 3 ............................................................... 731,917.76 184,593.12 547,324.641989 ................................................................. 794,612.18 211,229.83 583,382.341990 ................................................................. 808,230.57 238,642.62 569,587.951991 ................................................................. 798,028.97 263,768.55 534,260.421992 ................................................................. 806,118.69 278,449.67 527,669.021993 ................................................................. 865,650.58 309,908.02 555,742.561994 ................................................................. 997,301.74 365,569.56 631,732.191995 ................................................................. 1,140,744.36 443,920.09 696,824.271996 ................................................................. 1,253,437.09 507,516.57 745,920.521997 ................................................................. 1,324,757.33 540,005.56 784,751.771998 ................................................................. 1,420,996.44 581,414.78 839,581.661999 ................................................................. 1,531,105.96 610,696.47 920,409.492000 ................................................................. 1,716,507.37 683,457.38 1,033,049.992001 ................................................................. 1,866,189.74 715,219.04 1,150,970.712002 ................................................................. 1,970,765.38 750,909.70 1,219,855.682003 ................................................................. 2,076,111.26 767,737.39 1,308,373.872004 ................................................................. 2,191,505.71 799,175.76 1,392,329.962005 ................................................................. 2,290,975.48 829,785.83 1,461,189.652006 ................................................................. 2,384,812.00 871,313.07 1,513,498.932007 ................................................................. 2,519,499.68 939,625.71 1,579,873.972008 ................................................................. 2,559,121.52 957,341.01 1,601,780.51

2008: Jan ............................................................... 2,527,135.88 945,175.89 1,581,959.99Feb ............................................................... 2,536,333.46 949,645.39 1,586,688.07Mar .............................................................. 2,548,117.70 955,308.35 1,592,809.34Apr ............................................................... 2,559,257.25 958,195.32 1,601,061.93May .............................................................. 2,563,619.01 961,352.90 1,602,266.11June ............................................................. 2,574,328.52 967,194.29 1,607,134.23July .............................................................. 2,581,550.22 973,600.67 1,607,949.55Aug ............................................................... 2,576,113.04 975,056.42 1,601,056.63Sept .............................................................. 2,578,348.57 975,160.71 1,603,187.86Oct ................................................................ 2,574,966.66 970,840.41 1,604,126.25Nov ............................................................... 2,564,503.55 963,952.69 1,600,550.86Dec ............................................................... 2,559,121.52 957,341.01 1,601,780.51

2009: Jan ............................................................... 2,564,375.71 955,399.91 1,608,975.80Feb ............................................................... 2,551,383.40 942,695.36 1,608,688.04Mar .............................................................. 2,536,960.22 934,256.97 1,602,703.25Apr ............................................................... 2,522,327.21 925,910.25 1,596,416.96May .............................................................. 2,515,268.82 916,563.24 1,598,705.58June ............................................................. 2,506,772.12 911,692.68 1,595,079.45July .............................................................. 2,498,526.68 911,018.08 1,587,508.60Aug ............................................................... 2,495,162.27 902,981.36 1,592,180.91Sept .............................................................. 2,486,293.30 895,048.05 1,591,245.25Oct ................................................................ 2,482,101.94 887,661.34 1,594,440.60Nov p ............................................................ 2,464,608.21 873,995.62 1,590,612.59

1 Covers most short- and intermediate-term credit extended to individuals. Credit secured by real estate is excluded.2 Includes automobile loans and all other loans not included in revolving credit, such as loans for mobile homes, education, boats, trailers, or vacations.

These loans may be secured or unsecured. Beginning with 1977, includes student loans extended by the Federal Government and by SLM Holding Corporation.3 Data newly available in January 1989 result in breaks in these series between December 1988 and subsequent months.Source: Board of Governors of the Federal Reserve System.

Government Finance | 423

Table B–78. Federal receipts, outlays, surplus or deficit, and debt, fiscal years, 1943–2011[Billions of dollars; fiscal years]

Fiscal year or period

Total On-budget Off-budget Federal debt(end of period) Adden-

dum:Gross

domesticproductReceipts Outlays

Surplusor

deficit(–)

Receipts OutlaysSurplus

ordeficit

(–)Receipts Outlays

Surplusor

deficit(–)

GrossFederal

Held bythe

public

1943 ....................... 24.0 78.6 –54.6 22.9 78.5 –55.6 1.1 0.1 1.0 142.6 127.8 180.31944 ....................... 43.7 91.3 –47.6 42.5 91.2 –48.7 1.3 .1 1.2 204.1 184.8 209.21945 ....................... 45.2 92.7 –47.6 43.8 92.6 –48.7 1.3 .1 1.2 260.1 235.2 221.41946 ....................... 39.3 55.2 –15.9 38.1 55.0 –17.0 1.2 .2 1.0 271.0 241.9 222.61947 ....................... 38.5 34.5 4.0 37.1 34.2 2.9 1.5 .3 1.2 257.1 224.3 233.21948 ....................... 41.6 29.8 11.8 39.9 29.4 10.5 1.6 .4 1.2 252.0 216.3 256.61949 ....................... 39.4 38.8 .6 37.7 38.4 –.7 1.7 .4 1.3 252.6 214.3 271.31950 ....................... 39.4 42.6 –3.1 37.3 42.0 –4.7 2.1 .5 1.6 256.9 219.0 273.11951 ....................... 51.6 45.5 6.1 48.5 44.2 4.3 3.1 1.3 1.8 255.3 214.3 320.21952 ....................... 66.2 67.7 –1.5 62.6 66.0 –3.4 3.6 1.7 1.9 259.1 214.8 348.71953 ....................... 69.6 76.1 –6.5 65.5 73.8 –8.3 4.1 2.3 1.8 266.0 218.4 372.51954 ....................... 69.7 70.9 –1.2 65.1 67.9 –2.8 4.6 2.9 1.7 270.8 224.5 377.01955 ....................... 65.5 68.4 –3.0 60.4 64.5 –4.1 5.1 4.0 1.1 274.4 226.6 395.91956 ....................... 74.6 70.6 3.9 68.2 65.7 2.5 6.4 5.0 1.5 272.7 222.2 427.01957 ....................... 80.0 76.6 3.4 73.2 70.6 2.6 6.8 6.0 .8 272.3 219.3 450.91958 ....................... 79.6 82.4 –2.8 71.6 74.9 –3.3 8.0 7.5 .5 279.7 226.3 460.01959 ....................... 79.2 92.1 –12.8 71.0 83.1 –12.1 8.3 9.0 –.7 287.5 234.7 490.21960 ....................... 92.5 92.2 .3 81.9 81.3 .5 10.6 10.9 –.2 290.5 236.8 518.91961 ....................... 94.4 97.7 –3.3 82.3 86.0 –3.8 12.1 11.7 .4 292.6 238.4 529.91962 ....................... 99.7 106.8 –7.1 87.4 93.3 –5.9 12.3 13.5 –1.3 302.9 248.0 567.81963 ....................... 106.6 111.3 –4.8 92.4 96.4 –4.0 14.2 15.0 –.8 310.3 254.0 599.21964 ....................... 112.6 118.5 –5.9 96.2 102.8 –6.5 16.4 15.7 .6 316.1 256.8 641.51965 ....................... 116.8 118.2 –1.4 100.1 101.7 –1.6 16.7 16.5 .2 322.3 260.8 687.51966 ....................... 130.8 134.5 –3.7 111.7 114.8 –3.1 19.1 19.7 –.6 328.5 263.7 755.81967 ....................... 148.8 157.5 –8.6 124.4 137.0 –12.6 24.4 20.4 4.0 340.4 266.6 810.01968 ....................... 153.0 178.1 –25.2 128.1 155.8 –27.7 24.9 22.3 2.6 368.7 289.5 868.41969 ....................... 186.9 183.6 3.2 157.9 158.4 –.5 29.0 25.2 3.7 365.8 278.1 948.11970 ....................... 192.8 195.6 –2.8 159.3 168.0 –8.7 33.5 27.6 5.9 380.9 283.2 1,012.71971 ....................... 187.1 210.2 –23.0 151.3 177.3 –26.1 35.8 32.8 3.0 408.2 303.0 1,080.01972 ....................... 207.3 230.7 –23.4 167.4 193.5 –26.1 39.9 37.2 2.7 435.9 322.4 1,176.51973 ....................... 230.8 245.7 –14.9 184.7 200.0 –15.2 46.1 45.7 .3 466.3 340.9 1,310.61974 ....................... 263.2 269.4 –6.1 209.3 216.5 –7.2 53.9 52.9 1.1 483.9 343.7 1,438.51975 ....................... 279.1 332.3 –53.2 216.6 270.8 –54.1 62.5 61.6 .9 541.9 394.7 1,560.21976 ....................... 298.1 371.8 –73.7 231.7 301.1 –69.4 66.4 70.7 –4.3 629.0 477.4 1,738.1Transition quarter .. 81.2 96.0 –14.7 63.2 77.3 –14.1 18.0 18.7 –.7 643.6 495.5 459.41977 ....................... 355.6 409.2 –53.7 278.7 328.7 –49.9 76.8 80.5 –3.7 706.4 549.1 1,973.51978 ....................... 399.6 458.7 –59.2 314.2 369.6 –55.4 85.4 89.2 –3.8 776.6 607.1 2,217.51979 ....................... 463.3 504.0 –40.7 365.3 404.9 –39.6 98.0 99.1 –1.1 829.5 640.3 2,501.41980 ....................... 517.1 590.9 –73.8 403.9 477.0 –73.1 113.2 113.9 –.7 909.0 711.9 2,724.21981 ....................... 599.3 678.2 –79.0 469.1 543.0 –73.9 130.2 135.3 –5.1 994.8 789.4 3,057.01982 ....................... 617.8 745.7 –128.0 474.3 594.9 –120.6 143.5 150.9 –7.4 1,137.3 924.6 3,223.71983 ....................... 600.6 808.4 –207.8 453.2 660.9 –207.7 147.3 147.4 –.1 1,371.7 1,137.3 3,440.71984 ....................... 666.4 851.8 –185.4 500.4 685.6 –185.3 166.1 166.2 –.1 1,564.6 1,307.0 3,844.41985 ....................... 734.0 946.3 –212.3 547.9 769.4 –221.5 186.2 176.9 9.2 1,817.4 1,507.3 4,146.31986 ....................... 769.2 990.4 –221.2 568.9 806.8 –237.9 200.2 183.5 16.7 2,120.5 1,740.6 4,403.91987 ....................... 854.3 1,004.0 –149.7 640.9 809.2 –168.4 213.4 194.8 18.6 2,346.0 1,889.8 4,651.41988 ....................... 909.2 1,064.4 –155.2 667.7 860.0 –192.3 241.5 204.4 37.1 2,601.1 2,051.6 5,008.51989 ....................... 991.1 1,143.7 –152.6 727.4 932.8 –205.4 263.7 210.9 52.8 2,867.8 2,190.7 5,399.51990 ....................... 1,032.0 1,253.0 –221.0 750.3 1,027.9 –277.6 281.7 225.1 56.6 3,206.3 2,411.6 5,734.51991 ....................... 1,055.0 1,324.2 –269.2 761.1 1,082.5 –321.4 293.9 241.7 52.2 3,598.2 2,689.0 5,930.51992 ....................... 1,091.2 1,381.5 –290.3 788.8 1,129.2 –340.4 302.4 252.3 50.1 4,001.8 2,999.7 6,242.01993 ....................... 1,154.3 1,409.4 –255.1 842.4 1,142.8 –300.4 311.9 266.6 45.3 4,351.0 3,248.4 6,587.31994 ....................... 1,258.6 1,461.8 –203.2 923.6 1,182.4 –258.8 335.0 279.4 55.7 4,643.3 3,433.1 6,976.61995 ....................... 1,351.8 1,515.8 –164.0 1,000.7 1,227.1 –226.4 351.1 288.7 62.4 4,920.6 3,604.4 7,341.11996 ....................... 1,453.1 1,560.5 –107.4 1,085.6 1,259.6 –174.0 367.5 300.9 66.6 5,181.5 3,734.1 7,718.31997 ....................... 1,579.2 1,601.1 –21.9 1,187.3 1,290.5 –103.2 392.0 310.6 81.4 5,369.2 3,772.3 8,211.71998 ....................... 1,721.7 1,652.5 69.3 1,305.9 1,335.9 –29.9 415.8 316.6 99.2 5,478.2 3,721.1 8,663.01999 ....................... 1,827.5 1,701.8 125.6 1,383.0 1,381.1 1.9 444.5 320.8 123.7 5,605.5 3,632.4 9,208.42000 ....................... 2,025.2 1,789.0 236.2 1,544.6 1,458.2 86.4 480.6 330.8 149.8 5,628.7 3,409.8 9,821.02001 ....................... 1,991.1 1,862.9 128.2 1,483.6 1,516.1 –32.4 507.5 346.8 160.7 5,769.9 3,319.6 10,225.32002 ....................... 1,853.1 2,010.9 –157.8 1,337.8 1,655.2 –317.4 515.3 355.7 159.7 6,198.4 3,540.4 10,543.92003 ....................... 1,782.3 2,159.9 –377.6 1,258.5 1,796.9 –538.4 523.8 363.0 160.8 6,760.0 3,913.4 10,979.82004 ....................... 1,880.1 2,292.9 –412.7 1,345.4 1,913.3 –568.0 534.7 379.5 155.2 7,354.7 4,295.5 11,685.62005 ....................... 2,153.6 2,472.0 –318.3 1,576.1 2,069.8 –493.6 577.5 402.2 175.3 7,905.3 4,592.2 12,445.72006 ....................... 2,406.9 2,655.1 –248.2 1,798.5 2,233.0 –434.5 608.4 422.1 186.3 8,451.4 4,829.0 13,224.92007 ....................... 2,568.0 2,728.7 –160.7 1,932.9 2,275.1 –342.2 635.1 453.6 181.5 8,950.7 5,035.1 13,896.02008 ....................... 2,524.0 2,982.6 –458.6 1,866.0 2,507.8 –641.9 658.0 474.8 183.3 9,986.1 5,803.1 14,439.02009 ....................... 2,105.0 3,517.7 –1,412.7 1,451.0 3,000.7 –1,549.7 654.0 517.0 137.0 11,875.9 7,544.7 14,237.22010 (estimates) .... 2,165.1 3,720.7 –1,555.6 1,529.9 3,163.7 –1,633.8 635.2 557.0 78.2 13,786.6 9,297.7 14,623.92011 (estimates) .... 2,567.2 3,833.9 –1,266.7 1,893.1 3,255.7 –1,362.6 674.1 578.2 95.9 15,144.0 10,498.3 15,299.0

Note: Fiscal years through 1976 were on a July 1–June 30 basis; beginning with October 1976 (fiscal year 1977), the fiscal year is on an October 1–September 30 basis. The transition quarter is the three-month period from July 1, 1976 through September 30, 1976.

See Budget of the United States Government, Fiscal Year 2011, for additional information.Sources: Department of Commerce (Bureau of Economic Analysis), Department of the Treasury, and Office of Management and Budget.

Government Finance

424 | Appendix B

Table B–79. Federal receipts, outlays, surplus or deficit, and debt, as percent of grossdomestic product, fiscal years 1937–2011

[Percent; fiscal years]

Fiscal year or period ReceiptsOutlays Surplus

ordeficit

(–)

Federal debt (end of period)

Total Nationaldefense

GrossFederal

Held bypublic

1937 ........................................... 6.1 8.6 ............................... –2.5 ............................... ................................1938 ........................................... 7.6 7.7 ............................... –.1 ............................... ................................1939 ........................................... 7.1 10.3 ............................... –3.2 54.0 46.51940 ........................................... 6.8 9.8 1.7 –3.0 52.4 44.21941 ........................................... 7.6 12.0 5.6 –4.3 50.4 42.31942 ........................................... 10.1 24.3 17.8 –14.2 54.9 47.01943 ........................................... 13.3 43.6 37.0 –30.3 79.1 70.91944 ........................................... 20.9 43.6 37.8 –22.7 97.6 88.31945 ........................................... 20.4 41.9 37.5 –21.5 117.5 106.21946 ........................................... 17.7 24.8 19.2 –7.2 121.7 108.71947 ........................................... 16.5 14.8 5.5 1.7 110.3 96.21948 ........................................... 16.2 11.6 3.5 4.6 98.2 84.31949 ........................................... 14.5 14.3 4.8 .2 93.1 79.01950 ........................................... 14.4 15.6 5.0 –1.1 94.1 80.21951 ........................................... 16.1 14.2 7.4 1.9 79.7 66.91952 ........................................... 19.0 19.4 13.2 –.4 74.3 61.61953 ........................................... 18.7 20.4 14.2 –1.7 71.4 58.61954 ........................................... 18.5 18.8 13.1 –.3 71.8 59.51955 ........................................... 16.5 17.3 10.8 –.8 69.3 57.21956 ........................................... 17.5 16.5 10.0 .9 63.9 52.01957 ........................................... 17.7 17.0 10.1 .8 60.4 48.61958 ........................................... 17.3 17.9 10.2 –.6 60.8 49.21959 ........................................... 16.2 18.8 10.0 –2.6 58.6 47.91960 ........................................... 17.8 17.8 9.3 .1 56.0 45.61961 ........................................... 17.8 18.4 9.4 –.6 55.2 45.01962 ........................................... 17.6 18.8 9.2 –1.3 53.4 43.71963 ........................................... 17.8 18.6 8.9 –.8 51.8 42.41964 ........................................... 17.6 18.5 8.5 –.9 49.3 40.01965 ........................................... 17.0 17.2 7.4 –.2 46.9 37.91966 ........................................... 17.3 17.8 7.7 –.5 43.5 34.91967 ........................................... 18.4 19.4 8.8 –1.1 42.0 32.91968 ........................................... 17.6 20.5 9.4 –2.9 42.5 33.31969 ........................................... 19.7 19.4 8.7 .3 38.6 29.31970 ........................................... 19.0 19.3 8.1 –.3 37.6 28.01971 ........................................... 17.3 19.5 7.3 –2.1 37.8 28.11972 ........................................... 17.6 19.6 6.7 –2.0 37.1 27.41973 ........................................... 17.6 18.7 5.9 –1.1 35.6 26.01974 ........................................... 18.3 18.7 5.5 –.4 33.6 23.91975 ........................................... 17.9 21.3 5.5 –3.4 34.7 25.31976 ........................................... 17.1 21.4 5.2 –4.2 36.2 27.5Transition quarter ...................... 17.7 20.9 4.8 –3.2 35.0 27.01977 ........................................... 18.0 20.7 4.9 –2.7 35.8 27.81978 ........................................... 18.0 20.7 4.7 –2.7 35.0 27.41979 ........................................... 18.5 20.1 4.7 –1.6 33.2 25.61980 ........................................... 19.0 21.7 4.9 –2.7 33.4 26.11981 ........................................... 19.6 22.2 5.2 –2.6 32.5 25.81982 ........................................... 19.2 23.1 5.7 –4.0 35.3 28.71983 ........................................... 17.5 23.5 6.1 –6.0 39.9 33.11984 ........................................... 17.3 22.2 5.9 –4.8 40.7 34.01985 ........................................... 17.7 22.8 6.1 –5.1 43.8 36.41986 ........................................... 17.5 22.5 6.2 –5.0 48.2 39.51987 ........................................... 18.4 21.6 6.1 –3.2 50.4 40.61988 ........................................... 18.2 21.3 5.8 –3.1 51.9 41.01989 ........................................... 18.4 21.2 5.6 –2.8 53.1 40.61990 ........................................... 18.0 21.9 5.2 –3.9 55.9 42.11991 ........................................... 17.8 22.3 4.6 –4.5 60.7 45.31992 ........................................... 17.5 22.1 4.8 –4.7 64.1 48.11993 ........................................... 17.5 21.4 4.4 –3.9 66.1 49.31994 ........................................... 18.0 21.0 4.0 –2.9 66.6 49.21995 ........................................... 18.4 20.6 3.7 –2.2 67.0 49.11996 ........................................... 18.8 20.2 3.4 –1.4 67.1 48.41997 ........................................... 19.2 19.5 3.3 –.3 65.4 45.91998 ........................................... 19.9 19.1 3.1 .8 63.2 43.01999 ........................................... 19.8 18.5 3.0 1.4 60.9 39.42000 ........................................... 20.6 18.2 3.0 2.4 57.3 34.72001 ........................................... 19.5 18.2 3.0 1.3 56.4 32.52002 ........................................... 17.6 19.1 3.3 –1.5 58.8 33.62003 ........................................... 16.2 19.7 3.7 –3.4 61.6 35.62004 ........................................... 16.1 19.6 3.9 –3.5 62.9 36.82005 ........................................... 17.3 19.9 4.0 –2.6 63.5 36.92006 ........................................... 18.2 20.1 3.9 –1.9 63.9 36.52007 ........................................... 18.5 19.6 4.0 –1.2 64.4 36.22008 ........................................... 17.5 20.7 4.3 –3.2 69.2 40.22009 ........................................... 14.8 24.7 4.6 –9.9 83.4 53.02010 (estimates) ........................ 14.8 25.4 4.9 –10.6 94.3 63.62011 (estimates) ........................ 16.8 25.1 4.9 –8.3 99.0 68.6

Note: See Note, Table B–78.Sources: Department of the Treasury and Office of Management and Budget.

Government Finance | 425

Table B–80. Federal receipts and outlays, by major category, and surplus or deficit, fiscal years1943–2011

[Billions of dollars; fiscal years]

Fiscal year orperiod

Receipts (on-budget and off-budget) Outlays (on-budget and off-budget) Surplusor

deficit(–)

(on-budget

andoff-

budget)

TotalIndi-

vidualincometaxes

Corpo-ration

incometaxes

Socialinsur-anceand

retire-ment

receipts

Other Total

Nationaldefense

Inter-na-

tionalaffairs

Health Medi-care

In-comesecu-rity

Socialsecu-rity

Netinter-est

OtherTotal

Depart-ment ofDefense,military

1943 ....................... 24.0 6.5 9.6 3.0 4.9 78.6 66.7 ............. 1.3 0.1 .......... 1.7 0.2 1.5 7.0 –54.61944 ....................... 43.7 19.7 14.8 3.5 5.7 91.3 79.1 ............. 1.4 .2 .......... 1.5 .2 2.2 6.6 –47.61945 ....................... 45.2 18.4 16.0 3.5 7.3 92.7 83.0 ............. 1.9 .2 .......... 1.1 .3 3.1 3.1 –47.61946 ....................... 39.3 16.1 11.9 3.1 8.2 55.2 42.7 ............. 1.9 .2 .......... 2.4 .4 4.1 3.6 –15.91947 ....................... 38.5 17.9 8.6 3.4 8.5 34.5 12.8 ............. 5.8 .2 .......... 2.8 .5 4.2 8.2 4.01948 ....................... 41.6 19.3 9.7 3.8 8.8 29.8 9.1 ............. 4.6 .2 .......... 2.5 .6 4.3 8.5 11.81949 ....................... 39.4 15.6 11.2 3.8 8.9 38.8 13.2 ............. 6.1 .2 .......... 3.2 .7 4.5 11.1 .61950 ....................... 39.4 15.8 10.4 4.3 8.9 42.6 13.7 ............. 4.7 .3 .......... 4.1 .8 4.8 14.2 –3.11951 ....................... 51.6 21.6 14.1 5.7 10.2 45.5 23.6 ............. 3.6 .3 .......... 3.4 1.6 4.7 8.4 6.11952 ....................... 66.2 27.9 21.2 6.4 10.6 67.7 46.1 ............. 2.7 .3 .......... 3.7 2.1 4.7 8.1 –1.51953 ....................... 69.6 29.8 21.2 6.8 11.7 76.1 52.8 ............. 2.1 .3 .......... 3.8 2.7 5.2 9.1 –6.51954 ....................... 69.7 29.5 21.1 7.2 11.9 70.9 49.3 ............. 1.6 .3 .......... 4.4 3.4 4.8 7.1 –1.21955 ....................... 65.5 28.7 17.9 7.9 11.0 68.4 42.7 ............. 2.2 .3 .......... 5.1 4.4 4.9 8.9 –3.01956 ....................... 74.6 32.2 20.9 9.3 12.2 70.6 42.5 ............. 2.4 .4 .......... 4.7 5.5 5.1 10.1 3.91957 ....................... 80.0 35.6 21.2 10.0 13.2 76.6 45.4 ............. 3.1 .5 .......... 5.4 6.7 5.4 10.1 3.41958 ....................... 79.6 34.7 20.1 11.2 13.6 82.4 46.8 ............. 3.4 .5 .......... 7.5 8.2 5.6 10.3 –2.81959 ....................... 79.2 36.7 17.3 11.7 13.5 92.1 49.0 ............. 3.1 .7 .......... 8.2 9.7 5.8 15.5 –12.81960 ....................... 92.5 40.7 21.5 14.7 15.6 92.2 48.1 ............. 3.0 .8 .......... 7.4 11.6 6.9 14.4 .31961 ....................... 94.4 41.3 21.0 16.4 15.7 97.7 49.6 ............. 3.2 .9 .......... 9.7 12.5 6.7 15.2 –3.31962 ....................... 99.7 45.6 20.5 17.0 16.5 106.8 52.3 50.1 5.6 1.2 .......... 9.2 14.4 6.9 17.2 –7.11963 ....................... 106.6 47.6 21.6 19.8 17.6 111.3 53.4 51.1 5.3 1.5 .......... 9.3 15.8 7.7 18.3 –4.81964 ....................... 112.6 48.7 23.5 22.0 18.5 118.5 54.8 52.6 4.9 1.8 .......... 9.7 16.6 8.2 22.6 –5.91965 ....................... 116.8 48.8 25.5 22.2 20.3 118.2 50.6 48.8 5.3 1.8 .......... 9.5 17.5 8.6 25.0 –1.41966 ....................... 130.8 55.4 30.1 25.5 19.8 134.5 58.1 56.6 5.6 2.5 0.1 9.7 20.7 9.4 28.5 –3.71967 ....................... 148.8 61.5 34.0 32.6 20.7 157.5 71.4 70.1 5.6 3.4 2.7 10.3 21.7 10.3 32.1 –8.61968 ....................... 153.0 68.7 28.7 33.9 21.7 178.1 81.9 80.4 5.3 4.4 4.6 11.8 23.9 11.1 35.1 –25.21969 ....................... 186.9 87.2 36.7 39.0 23.9 183.6 82.5 80.8 4.6 5.2 5.7 13.1 27.3 12.7 32.6 3.21970 ....................... 192.8 90.4 32.8 44.4 25.2 195.6 81.7 80.1 4.3 5.9 6.2 15.7 30.3 14.4 37.2 –2.81971 ....................... 187.1 86.2 26.8 47.3 26.8 210.2 78.9 77.5 4.2 6.8 6.6 22.9 35.9 14.8 40.0 –23.01972 ....................... 207.3 94.7 32.2 52.6 27.8 230.7 79.2 77.6 4.8 8.7 7.5 27.7 40.2 15.5 47.3 –23.41973 ....................... 230.8 103.2 36.2 63.1 28.3 245.7 76.7 75.0 4.1 9.4 8.1 28.3 49.1 17.3 52.8 –14.91974 ....................... 263.2 119.0 38.6 75.1 30.6 269.4 79.3 77.9 5.7 10.7 9.6 33.7 55.9 21.4 52.9 –6.11975 ....................... 279.1 122.4 40.6 84.5 31.5 332.3 86.5 84.9 7.1 12.9 12.9 50.2 64.7 23.2 74.8 –53.21976 ....................... 298.1 131.6 41.4 90.8 34.3 371.8 89.6 87.9 6.4 15.7 15.8 60.8 73.9 26.7 82.7 –73.7Transition quarter .. 81.2 38.8 8.5 25.2 8.8 96.0 22.3 21.8 2.5 3.9 4.3 15.0 19.8 6.9 21.4 –14.71977 ....................... 355.6 157.6 54.9 106.5 36.6 409.2 97.2 95.1 6.4 17.3 19.3 61.1 85.1 29.9 93.0 –53.71978 ....................... 399.6 181.0 60.0 121.0 37.7 458.7 104.5 102.3 7.5 18.5 22.8 61.5 93.9 35.5 114.7 –59.21979 ....................... 463.3 217.8 65.7 138.9 40.8 504.0 116.3 113.6 7.5 20.5 26.5 66.4 104.1 42.6 120.2 –40.71980 ....................... 517.1 244.1 64.6 157.8 50.6 590.9 134.0 130.9 12.7 23.2 32.1 86.6 118.5 52.5 131.3 –73.81981 ....................... 599.3 285.9 61.1 182.7 69.5 678.2 157.5 153.9 13.1 26.9 39.1 100.3 139.6 68.8 133.0 –79.01982 ....................... 617.8 297.7 49.2 201.5 69.3 745.7 185.3 180.7 12.3 27.4 46.6 108.2 156.0 85.0 125.0 –128.01983 ....................... 600.6 288.9 37.0 209.0 65.6 808.4 209.9 204.4 11.8 28.6 52.6 123.0 170.7 89.8 121.8 –207.81984 ....................... 666.4 298.4 56.9 239.4 71.8 851.8 227.4 220.9 15.9 30.4 57.5 113.4 178.2 111.1 117.9 –185.41985 ....................... 734.0 334.5 61.3 265.2 73.0 946.3 252.7 245.1 16.2 33.5 65.8 129.0 188.6 129.5 131.0 –212.31986 ....................... 769.2 349.0 63.1 283.9 73.2 990.4 273.4 265.4 14.1 35.9 70.2 120.6 198.8 136.0 141.4 –221.21987 ....................... 854.3 392.6 83.9 303.3 74.5 1,004.0 282.0 273.9 11.6 40.0 75.1 124.1 207.4 138.6 125.2 –149.71988 ....................... 909.2 401.2 94.5 334.3 79.2 1,064.4 290.4 281.9 10.5 44.5 78.9 130.4 219.3 151.8 138.7 –155.21989 ....................... 991.1 445.7 103.3 359.4 82.7 1,143.7 303.6 294.8 9.6 48.4 85.0 137.4 232.5 169.0 158.3 –152.61990 ....................... 1,032.0 466.9 93.5 380.0 91.5 1,253.0 299.3 289.7 13.8 57.7 98.1 148.7 248.6 184.3 202.5 –221.01991 ....................... 1,055.0 467.8 98.1 396.0 93.1 1,324.2 273.3 262.3 15.8 71.2 104.5 172.5 269.0 194.4 223.5 –269.21992 ....................... 1,091.2 476.0 100.3 413.7 101.3 1,381.5 298.3 286.8 16.1 89.5 119.0 199.6 287.6 199.3 172.1 –290.31993 ....................... 1,154.3 509.7 117.5 428.3 98.8 1,409.4 291.1 278.5 17.2 99.4 130.6 210.0 304.6 198.7 157.9 –255.11994 ....................... 1,258.6 543.1 140.4 461.5 113.7 1,461.8 281.6 268.6 17.1 107.1 144.7 217.2 319.6 202.9 171.5 –203.21995 ....................... 1,351.8 590.2 157.0 484.5 120.1 1,515.8 272.1 259.4 16.4 115.4 159.9 223.8 335.8 232.1 160.2 –164.01996 ....................... 1,453.1 656.4 171.8 509.4 115.4 1,560.5 265.7 253.1 13.5 119.4 174.2 229.7 349.7 241.1 167.2 –107.41997 ....................... 1,579.2 737.5 182.3 539.4 120.1 1,601.1 270.5 258.3 15.2 123.8 190.0 235.0 365.3 244.0 157.3 –21.91998 ....................... 1,721.7 828.6 188.7 571.8 132.6 1,652.5 268.2 255.8 13.1 131.4 192.8 237.8 379.2 241.1 188.9 69.31999 ....................... 1,827.5 879.5 184.7 611.8 151.5 1,701.8 274.8 261.2 15.2 141.0 190.4 242.5 390.0 229.8 218.1 125.62000 ....................... 2,025.2 1,004.5 207.3 652.9 160.6 1,789.0 294.4 281.0 17.2 154.5 197.1 253.7 409.4 222.9 239.7 236.22001 ....................... 1,991.1 994.3 151.1 694.0 151.8 1,862.9 304.7 290.2 16.5 172.2 217.4 269.8 433.0 206.2 243.2 128.22002 ....................... 1,853.1 858.3 148.0 700.8 146.0 2,010.9 348.5 331.8 22.3 196.5 230.9 312.7 456.0 170.9 273.1 –157.82003 ....................... 1,782.3 793.7 131.8 713.0 143.9 2,159.9 404.7 387.1 21.2 219.5 249.4 334.6 474.7 153.1 302.6 –377.62004 ....................... 1,880.1 809.0 189.4 733.4 148.4 2,292.9 455.8 436.4 26.9 240.1 269.4 333.1 495.5 160.2 311.8 –412.72005 ....................... 2,153.6 927.2 278.3 794.1 154.0 2,472.0 495.3 474.1 34.6 250.5 298.6 345.8 523.3 184.0 339.8 –318.32006 ....................... 2,406.9 1,043.9 353.9 837.8 171.2 2,655.1 521.8 499.3 29.5 252.7 329.9 352.5 548.5 226.6 393.5 –248.22007 ....................... 2,568.0 1,163.5 370.2 869.6 164.7 2,728.7 551.3 528.5 28.5 266.4 375.4 366.0 586.2 237.1 317.9 –160.72008 ....................... 2,524.0 1,145.7 304.3 900.2 173.8 2,982.6 616.1 594.6 28.9 280.6 390.8 431.3 617.0 252.8 365.2 –458.62009 ....................... 2,105.0 915.3 138.2 890.9 160.5 3,517.7 661.0 636.7 37.5 334.3 430.1 533.2 683.0 186.9 651.6 –1,412.72010 (estimates) .... 2,165.1 935.8 156.7 875.8 196.9 3,720.7 719.2 692.0 51.1 372.3 457.2 685.9 721.5 187.8 525.8 –1,555.62011 (estimates) .... 2,567.2 1,121.3 296.9 935.1 213.9 3,833.9 749.7 721.3 54.2 400.7 497.3 595.0 736.3 250.7 549.9 –1,266.7

Note: See Note, Table B–78.Sources: Department of the Treasury and Office of Management and Budget.

426 | Appendix B

Table B–81. Federal receipts, outlays, surplus or deficit, and debt, fiscal years 2006–2011[Millions of dollars; fiscal years]

DescriptionActual Estimates

2006 2007 2008 2009 2010 2011

RECEIPTS, OUTLAYS, AND SURPLUS OR DEFICITTotal:

Receipts ............................................................................... 2,406,876 2,568,001 2,523,999 2,104,995 2,165,119 2,567,181Outlays ................................................................................. 2,655,057 2,728,702 2,982,554 3,517,681 3,720,701 3,833,861Surplus or deficit (–) ............................................................ –248,181 –160,701 –458,555 –1,412,686 –1,555,582 –1,266,680

On-budget:Receipts ............................................................................... 1,798,494 1,932,912 1,865,953 1,450,986 1,529,936 1,893,113Outlays ................................................................................. 2,232,988 2,275,065 2,507,803 3,000,665 3,163,742 3,255,668Surplus or deficit (–) ............................................................ –434,494 –342,153 –641,850 –1,549,679 –1,633,806 –1,362,555

Off-budget:Receipts ............................................................................... 608,382 635,089 658,046 654,009 635,183 674,068Outlays ................................................................................. 422,069 453,637 474,751 517,016 556,959 578,193Surplus or deficit (–) ............................................................ 186,313 181,452 183,295 136,993 78,224 95,875

OUTSTANDING DEBT, END OF PERIODGross Federal debt ..................................................................... 8,451,350 8,950,744 9,986,082 11,875,851 13,786,615 15,144,029

Held by Federal Government accounts ............................... 3,622,378 3,915,615 4,183,032 4,331,144 4,488,962 4,645,704Held by the public ................................................................ 4,828,972 5,035,129 5,803,050 7,544,707 9,297,653 10,498,325

Federal Reserve System ............................................... 768,924 779,632 491,127 769,160 ....................... ........................Other ............................................................................. 4,060,048 4,255,497 5,311,923 6,775,547 ....................... ........................

RECEIPTS BY SOURCETotal: On-budget and off-budget ............................................... 2,406,876 2,568,001 2,523,999 2,104,995 2,165,119 2,567,181

Individual income taxes ....................................................... 1,043,908 1,163,472 1,145,747 915,308 935,771 1,121,296Corporation income taxes ................................................... 353,915 370,243 304,346 138,229 156,741 296,902Social insurance and retirement receipts ........................... 837,821 869,607 900,155 890,917 875,756 935,116

On-budget ..................................................................... 229,439 234,518 242,109 236,908 240,573 261,048Off-budget .................................................................... 608,382 635,089 658,046 654,009 635,183 674,068

Excise taxes ......................................................................... 73,961 65,069 67,334 62,483 73,204 74,288Estate and gift taxes ........................................................... 27,877 26,044 28,844 23,482 17,011 25,035Customs duties and fees ..................................................... 24,810 26,010 27,568 22,453 23,787 27,445Miscellaneous receipts ....................................................... 44,584 47,556 50,005 52,123 82,849 87,099

Deposits of earnings by Federal Reserve System ........ 29,945 32,043 33,598 34,318 77,083 79,341Allowances 1 ................................................................. ....................... ....................... ....................... ....................... –12,000 –9,000All other ........................................................................ 14,639 15,513 16,407 17,805 17,766 16,758

OUTLAYS BY FUNCTIONTotal: On-budget and off-budget ............................................... 2,655,057 2,728,702 2,982,554 3,517,681 3,720,701 3,833,861

National defense ................................................................. 521,827 551,271 616,073 661,049 719,179 749,748International affairs ............................................................. 29,499 28,482 28,857 37,529 51,138 54,192General science, space and technology .............................. 23,584 25,525 27,731 29,449 33,032 31,554Energy .................................................................................. 782 –860 628 4,749 18,952 24,863Natural resources and environment .................................... 33,028 31,732 31,825 35,574 47,039 42,537Agriculture ........................................................................... 25,969 17,662 18,387 22,237 26,610 25,590Commerce and housing credit ............................................. 6,187 487 27,870 291,535 –25,319 22,127

On-budget ..................................................................... 7,262 –4,606 25,453 291,231 –31,745 17,901Off-budget .................................................................... –1,075 5,093 2,417 304 6,426 4,226

Transportation ...................................................................... 70,244 72,905 77,616 84,289 106,458 104,189Community and regional development ............................... 54,465 29,567 23,952 27,650 28,469 31,973Education, training, employment, and social services ........ 118,482 91,656 91,287 79,746 142,521 126,399Health .................................................................................. 252,739 266,382 280,599 334,327 372,336 400,661Medicare .............................................................................. 329,868 375,407 390,758 430,093 457,159 497,341Income security ................................................................... 352,477 365,975 431,313 533,224 685,870 595,005Social security ..................................................................... 548,549 586,153 617,027 682,963 721,496 736,284

On-budget ..................................................................... 16,058 19,307 17,830 34,071 37,629 27,664Off-budget .................................................................... 532,491 566,846 599,197 648,892 683,867 708,620

Veterans benefits and services ........................................... 69,811 72,818 84,653 95,429 124,655 124,539Administration of justice ..................................................... 41,016 41,244 47,138 51,549 55,025 57,280General government ............................................................ 18,177 17,425 20,325 22,026 29,290 27,670Net interest ......................................................................... 226,603 237,109 252,757 186,902 187,772 250,709

On-budget ..................................................................... 324,325 343,112 366,475 304,856 306,176 369,789Off-budget .................................................................... –97,722 –106,003 –113,718 –117,954 –118,404 –119,080

Allowances .......................................................................... ....................... ....................... ....................... ....................... 18,750 21,676Undistributed offsetting receipts ........................................ –68,250 –82,238 –86,242 –92,639 –79,731 –90,476

On-budget ..................................................................... –56,625 –69,939 –73,097 –78,413 –64,801 –74,903Off-budget .................................................................... –11,625 –12,299 –13,145 –14,226 –14,930 –15,573

1 Includes Allowances for Health Reform and the Jobs Bill.Note: See Note, Table B–78.Sources: Department of the Treasury and Office of Management and Budget.

Government Finance | 427

Table B–82. Federal and State and local government current receipts and expenditures,national income and product accounts (NIPA), 1960–2009

[Billions of dollars; quarterly data at seasonally adjusted annual rates]

Year or quarter

Total government Federal Government State and local government Adden-dum:

Grants-in-aid

toStateandlocal

govern-ments

Currentreceipts

Currentexpendi-

tures

Netgovern-ment

saving(NIPA)

Currentreceipts

Currentexpendi-

tures

NetFederalGovern-

mentsaving(NIPA)

Currentreceipts

Currentexpendi-

tures

NetStateandlocal

govern-ment

saving(NIPA)

1960 ...................... 134.4 123.0 11.4 93.9 86.8 7.1 44.5 40.2 4.3 4.01961 ...................... 139.0 132.2 6.8 95.5 92.9 2.6 48.1 43.8 4.3 4.51962 ...................... 150.6 142.9 7.7 103.6 101.2 2.4 52.0 46.8 5.2 5.01963 ...................... 162.2 151.2 11.0 111.8 106.5 5.3 56.0 50.3 5.7 5.61964 ...................... 166.6 159.3 7.3 111.8 110.9 .9 61.3 54.9 6.4 6.51965 ...................... 180.3 170.6 9.8 121.0 117.7 3.2 66.5 60.0 6.5 7.21966 ...................... 202.8 192.8 10.0 138.0 135.7 2.3 74.9 67.2 7.8 10.11967 ...................... 217.7 220.0 –2.3 146.9 156.2 –9.3 82.5 75.5 7.0 11.71968 ...................... 252.1 247.0 5.1 171.3 173.7 –2.4 93.5 86.0 7.5 12.71969 ...................... 283.5 267.0 16.5 192.7 184.1 8.6 105.5 97.5 8.0 14.61970 ...................... 286.9 295.2 –8.4 186.1 201.6 –15.5 120.1 113.0 7.1 19.31971 ...................... 303.6 325.8 –22.2 191.9 220.6 –28.7 134.9 128.5 6.5 23.21972 ...................... 347.0 356.3 –9.3 220.3 245.2 –24.9 158.4 142.8 15.6 31.71973 ...................... 390.4 386.5 3.9 250.8 262.6 –11.8 174.3 158.6 15.7 34.81974 ...................... 431.8 436.9 –5.2 280.0 294.5 –14.5 188.1 178.7 9.3 36.31975 ...................... 442.1 510.2 –68.2 277.6 348.3 –70.6 209.6 207.1 2.5 45.11976 ...................... 505.9 552.2 –46.3 323.0 376.7 –53.7 233.7 226.3 7.4 50.71977 ...................... 567.3 600.3 –33.0 364.0 410.1 –46.1 259.9 246.8 13.1 56.61978 ...................... 646.1 656.3 –10.2 424.0 452.9 –28.9 287.6 268.9 18.7 65.51979 ...................... 728.9 729.9 –1.0 486.9 500.9 –14.0 308.4 295.4 13.0 66.31980 ...................... 798.7 846.5 –47.8 532.8 589.5 –56.6 338.2 329.4 8.8 72.31981 ...................... 917.7 966.9 –49.2 619.9 676.7 –56.8 370.2 362.7 7.6 72.51982 ...................... 939.3 1,076.8 –137.5 617.4 752.6 –135.3 391.4 393.6 –2.2 69.51983 ...................... 1,000.3 1,171.7 –171.4 643.3 819.5 –176.2 428.6 423.7 4.9 71.61984 ...................... 1,113.5 1,261.0 –147.5 710.0 881.5 –171.5 480.2 456.2 23.9 76.71985 ...................... 1,214.6 1,370.9 –156.3 774.4 953.0 –178.6 521.1 498.7 22.4 80.91986 ...................... 1,290.1 1,464.0 –173.9 816.0 1,010.7 –194.6 561.6 540.9 20.7 87.61987 ...................... 1,403.2 1,540.5 –137.4 896.5 1,045.9 –149.3 590.6 578.6 12.0 83.91988 ...................... 1,502.4 1,623.6 –121.2 958.5 1,096.9 –138.4 635.5 618.3 17.2 91.61989 ...................... 1,627.2 1,741.0 –113.8 1,038.0 1,172.0 –133.9 687.5 667.4 20.1 98.31990 ...................... 1,709.3 1,879.5 –170.3 1,082.8 1,259.2 –176.4 738.0 731.8 6.2 111.41991 ...................... 1,759.7 1,984.0 –224.2 1,101.9 1,320.3 –218.4 789.4 795.2 –5.8 131.61992 ...................... 1,845.1 2,149.0 –303.9 1,148.0 1,450.5 –302.5 846.2 847.6 –1.4 149.11993 ...................... 1,948.2 2,229.4 –281.2 1,224.1 1,504.3 –280.2 888.2 889.1 –.9 164.01994 ...................... 2,091.9 2,304.0 –212.2 1,322.1 1,542.5 –220.4 944.8 936.6 8.2 175.11995 ...................... 2,215.5 2,412.5 –197.0 1,407.8 1,614.0 –206.2 991.9 982.7 9.2 184.21996 ...................... 2,380.4 2,505.7 –125.3 1,526.4 1,674.7 –148.2 1,045.1 1,022.1 23.0 191.11997 ...................... 2,557.2 2,581.1 –23.8 1,656.2 1,716.3 –60.1 1,099.5 1,063.2 36.3 198.41998 ...................... 2,729.8 2,649.3 80.5 1,777.9 1,744.3 33.6 1,164.5 1,117.6 46.9 212.61999 ...................... 2,902.5 2,761.9 140.6 1,895.0 1,796.2 98.8 1,240.4 1,198.6 41.8 232.92000 ...................... 3,132.4 2,906.0 226.5 2,057.1 1,871.9 185.2 1,322.6 1,281.3 41.3 247.32001 ...................... 3,118.2 3,093.6 24.6 2,020.3 1,979.8 40.5 1,374.0 1,389.9 –15.9 276.12002 ...................... 2,967.9 3,274.7 –306.9 1,859.3 2,112.1 –252.8 1,412.7 1,466.8 –54.1 304.22003 ...................... 3,043.4 3,458.6 –415.2 1,885.1 2,261.5 –376.4 1,496.3 1,535.1 –38.8 338.02004 ...................... 3,265.7 3,653.5 –387.8 2,013.9 2,393.4 –379.5 1,601.0 1,609.3 –8.4 349.22005 ...................... 3,659.3 3,916.4 –257.1 2,290.1 2,573.1 –283.0 1,730.4 1,704.5 25.9 361.22006 ...................... 3,995.2 4,147.9 –152.7 2,524.5 2,728.3 –203.8 1,829.7 1,778.6 51.0 359.02007 ...................... 4,209.2 4,424.0 –214.8 2,660.8 2,897.2 –236.5 1,927.3 1,905.6 21.7 378.92008 ...................... 4,057.6 4,740.3 –682.7 2,475.0 3,117.6 –642.6 1,974.2 2,014.4 –40.2 391.72009 p .................... ................... 4,993.0 ................... ................... 3,454.5 ................... ................... 2,015.1 ................... 476.62006: I .................. 3,919.8 4,064.5 –144.7 2,473.8 2,681.1 –207.3 1,800.6 1,738.0 62.6 354.6

II ................. 3,971.1 4,137.3 –166.2 2,501.8 2,731.2 –229.4 1,830.3 1,767.0 63.2 361.0III ................ 4,024.8 4,197.8 –173.1 2,547.4 2,762.9 –215.5 1,842.5 1,800.1 42.4 365.1IV ................ 4,064.9 4,192.0 –127.0 2,575.1 2,738.1 –163.0 1,845.3 1,809.4 35.9 355.5

2007: I .................. 4,167.4 4,335.5 –168.1 2,640.1 2,841.0 –200.9 1,902.3 1,869.5 32.8 375.0II ................. 4,202.8 4,389.1 –186.3 2,660.1 2,881.3 –221.3 1,923.4 1,888.4 34.9 380.7III ................ 4,212.3 4,450.7 –238.4 2,659.9 2,918.7 –258.8 1,932.1 1,911.7 20.3 379.7IV ................ 4,254.2 4,520.5 –266.3 2,682.9 2,947.9 –265.0 1,951.6 1,952.9 –1.3 380.3

2008: I .................. 4,172.0 4,625.5 –453.5 2,590.7 3,024.2 –433.5 1,963.7 1,983.8 –20.1 382.5II ................. 3,974.5 4,797.0 –822.5 2,372.1 3,169.0 –796.9 1,994.2 2,019.8 –25.5 391.8III ................ 4,087.0 4,811.7 –724.8 2,489.5 3,155.2 –665.7 1,987.5 2,046.5 –59.0 390.0IV ................ 3,996.8 4,726.9 –730.2 2,447.8 3,121.9 –674.1 1,951.4 2,007.5 –56.1 402.4

2009: I .................. 3,775.0 4,780.6 –1,005.7 2,251.3 3,220.3 –969.1 1,961.4 1,998.0 –36.6 437.7II ................. 3,728.4 5,021.9 –1,293.5 2,237.0 3,505.9 –1,268.9 1,989.3 2,013.9 –24.6 497.9III ................ 3,735.0 5,077.0 –1,342.0 2,215.1 3,542.1 –1,327.0 2,003.6 2,018.6 –14.9 483.7IV p ............. ................... 5,092.3 ................... ................... 3,549.7 ................... ................... 2,029.8 ................... 487.2

Note: Federal grants-in-aid to State and local governments are reflected in Federal current expenditures and State and local current receipts. Totalgovernment current receipts and expenditures have been adjusted to eliminate this duplication.

Source: Department of Commerce (Bureau of Economic Analysis).

428 | Appendix B

Table B–83. Federal and State and local government current receipts and expenditures,national income and product accounts (NIPA), by major type, 1960–2009

[Billions of dollars; quarterly data at seasonally adjusted annual rates]

Year orquarter

Current receipts Current expenditures

Netgovern-ment

savingTotal

Current tax receipts Contri-butions

forgovern-mentsocialinsur-ance

Incomere-

ceiptson

assets

Currenttrans-

ferre-

ceipts

Currentsurplus

ofgovern-

mententer-prises

Total 2

Con-sump-tion

expen-ditures

Currenttrans-

ferpay-

ments

Interestpay-

ments

Sub-si-

diesTotal 1Per-

sonalcurrenttaxes

Taxeson

produc-tionand

imports

Taxeson

corpo-rate

income

1960 ........... 134.4 113.4 46.1 44.5 22.7 16.5 2.7 0.9 0.9 123.0 83.3 28.1 10.4 1.1 11.41961 ........... 139.0 117.1 47.3 47.0 22.8 17.1 2.9 1.1 .8 132.2 88.2 31.9 10.2 2.0 6.81962 ........... 150.6 126.1 51.6 50.4 24.0 19.2 3.2 1.2 .9 142.9 96.8 32.8 11.1 2.3 7.71963 ........... 162.2 134.4 54.6 53.4 26.2 21.7 3.4 1.3 1.4 151.2 102.7 34.3 12.0 2.2 11.01964 ........... 166.6 137.5 52.1 57.3 28.0 22.5 3.7 1.6 1.3 159.3 108.6 35.1 12.9 2.7 7.31965 ........... 180.3 149.5 57.7 60.7 30.9 23.5 4.1 1.9 1.3 170.6 115.9 38.0 13.7 3.0 9.81966 ........... 202.8 163.5 66.4 63.2 33.7 31.4 4.7 2.2 1.0 192.8 131.8 42.0 15.1 3.9 10.01967 ........... 217.7 173.8 73.0 67.9 32.7 35.0 5.5 2.5 .9 220.0 149.5 50.3 16.4 3.8 –2.31968 ........... 252.1 203.1 87.0 76.4 39.4 38.8 6.4 2.6 1.2 247.0 165.7 58.4 18.8 4.2 5.11969 ........... 283.5 228.4 104.5 83.9 39.7 44.3 7.0 2.7 1.0 267.0 178.2 64.1 20.2 4.5 16.51970 ........... 286.9 229.2 103.1 91.4 34.4 46.6 8.2 2.9 .0 295.2 190.1 77.3 23.1 4.8 –8.41971 ........... 303.6 240.3 101.7 100.5 37.7 51.5 9.0 3.1 –.2 325.8 204.7 92.2 24.5 4.7 –22.21972 ........... 347.0 273.8 123.6 107.9 41.9 59.6 9.5 3.6 .5 356.3 220.8 103.0 26.3 6.6 –9.31973 ........... 390.4 299.3 132.4 117.2 49.3 76.0 11.6 3.9 –.4 386.5 234.8 115.2 31.3 5.2 3.91974 ........... 431.8 328.1 151.0 124.9 51.8 85.8 14.4 4.5 –.9 436.9 261.7 135.9 35.6 3.3 –5.21975 ........... 442.1 334.3 147.6 135.3 50.9 89.9 16.1 5.1 –3.2 510.2 294.6 171.3 40.0 4.5 –68.21976 ........... 505.9 383.6 172.3 146.4 64.2 102.0 16.3 5.8 –1.8 552.2 316.6 184.3 46.3 5.1 –46.31977 ........... 567.3 431.0 197.5 159.7 73.0 113.9 18.4 6.8 –2.7 600.3 346.6 195.9 50.8 7.1 –33.01978 ........... 646.1 484.8 229.4 170.9 83.5 132.1 23.2 8.2 –2.2 656.3 376.5 210.9 60.2 8.9 –10.21979 ........... 728.9 537.9 268.7 180.1 88.0 153.7 30.8 9.4 –2.9 729.9 412.3 236.0 72.9 8.5 –1.01980 ........... 798.7 585.6 298.9 200.3 84.8 167.2 39.9 11.1 –5.1 846.5 465.9 281.7 89.1 9.8 –47.81981 ........... 917.7 663.5 345.2 235.6 81.1 196.9 50.2 12.7 –5.6 966.9 520.6 318.1 116.7 11.5 –49.21982 ........... 939.3 659.5 354.1 240.9 63.1 210.1 58.9 15.3 –4.5 1,076.8 568.1 354.7 138.9 15.0 –137.51983 ........... 1,000.3 694.1 352.3 263.3 77.2 227.2 65.3 16.9 –3.2 1,171.7 610.5 382.5 156.9 21.3 –171.41984 ........... 1,113.5 762.5 377.4 289.8 94.0 258.8 74.3 19.7 –1.9 1,261.0 657.6 395.3 187.3 21.1 –147.51985 ........... 1,214.6 823.9 417.3 308.1 96.5 282.8 84.0 23.4 .6 1,370.9 720.1 420.4 208.8 21.4 –156.31986 ........... 1,290.1 868.8 437.2 323.4 106.5 304.9 89.7 25.9 .9 1,464.0 776.1 446.6 216.3 24.9 –173.91987 ........... 1,403.2 965.7 489.1 347.5 127.1 324.6 85.6 27.0 .2 1,540.5 815.1 464.4 230.8 30.3 –137.41988 ........... 1,502.4 1,018.9 504.9 374.5 137.2 363.2 89.9 27.9 2.6 1,623.6 852.8 493.6 247.7 29.5 –121.21989 ........... 1,627.2 1,109.2 566.1 398.9 141.5 386.9 93.7 32.5 4.9 1,741.0 902.9 538.1 272.5 27.4 –113.81990 ........... 1,709.3 1,161.3 592.7 425.0 140.6 412.1 98.0 36.3 1.6 1,879.5 966.0 592.4 294.2 27.0 –170.31991 ........... 1,759.7 1,179.9 586.6 457.1 133.6 432.2 97.0 44.9 5.7 1,984.0 1,015.8 628.9 311.7 27.5 –224.21992 ........... 1,845.1 1,239.7 610.5 483.4 143.1 457.1 89.6 50.5 8.2 2,149.0 1,050.4 756.3 312.3 30.1 –303.91993 ........... 1,948.2 1,317.8 646.5 503.1 165.4 479.6 86.8 55.3 8.7 2,229.4 1,075.4 804.6 312.7 36.7 –281.21994 ........... 2,091.9 1,425.6 690.5 545.2 186.7 510.7 86.0 60.0 9.6 2,304.0 1,108.9 839.9 322.7 32.5 –212.21995 ........... 2,215.5 1,516.7 743.9 557.9 211.0 535.5 91.8 58.4 13.1 2,412.5 1,141.4 882.4 353.9 34.8 –197.01996 ........... 2,380.4 1,641.5 832.0 580.8 223.6 557.9 99.9 66.8 14.4 2,505.7 1,176.7 929.2 364.6 35.2 –125.31997 ........... 2,557.2 1,780.0 926.2 611.6 237.1 590.3 103.6 69.3 14.1 2,581.1 1,222.1 954.6 370.6 33.8 –23.81998 ........... 2,729.8 1,910.8 1,026.4 639.5 239.2 627.8 102.7 75.3 13.3 2,649.3 1,263.2 978.1 371.6 36.4 80.51999 ........... 2,902.5 2,035.8 1,107.5 673.6 248.8 664.6 106.4 81.7 14.1 2,761.9 1,343.9 1,014.9 357.9 45.2 140.62000 ........... 3,132.4 2,202.8 1,232.3 708.6 254.7 709.4 118.8 92.3 9.1 2,906.0 1,426.6 1,071.5 362.0 45.8 226.52001 ........... 3,118.2 2,163.7 1,234.8 727.7 193.5 736.9 114.6 98.9 4.0 3,093.6 1,524.4 1,169.0 341.5 58.7 24.62002 ........... 2,967.9 2,002.1 1,050.4 762.8 181.3 755.2 99.9 104.3 6.3 3,274.7 1,639.9 1,280.9 312.6 41.4 –306.92003 ........... 3,043.4 2,047.9 1,000.3 806.8 231.8 782.8 96.8 108.9 7.0 3,458.6 1,756.8 1,354.8 298.0 49.1 –415.22004 ........... 3,265.7 2,213.2 1,047.8 863.4 292.0 831.7 100.3 119.3 1.2 3,653.5 1,860.4 1,440.1 306.6 46.4 –387.82005 ........... 3,659.3 2,546.8 1,208.6 930.2 395.9 877.4 111.9 126.7 –3.5 3,916.4 1,977.9 1,534.9 342.7 60.9 –257.12006 ........... 3,995.2 2,807.4 1,352.4 986.8 454.2 926.4 129.6 136.0 –4.2 4,147.9 2,093.3 1,631.0 372.2 51.4 –152.72007 ........... 4,209.2 2,960.6 1,490.9 1,028.7 426.7 964.2 143.3 147.7 –6.6 4,424.0 2,214.9 1,743.3 411.0 54.8 –214.82008 ........... 4,057.6 2,758.0 1,432.4 1,047.3 263.3 995.6 144.2 166.7 –6.9 4,740.3 2,386.9 1,904.0 395.9 53.5 –682.72009 p ......... ............. ............. 1,107.6 1,023.9 ............. 978.3 164.3 189.0 –8.1 4,993.0 2,417.8 2,136.4 379.1 59.7 ...............2006: I ....... 3,919.8 2,747.6 1,321.5 971.5 443.4 920.0 122.2 132.4 –2.4 4,064.5 2,064.8 1,590.0 354.1 55.6 –144.7

II ...... 3,971.1 2,791.1 1,340.2 983.3 456.4 921.9 127.4 134.5 –3.8 4,137.3 2,083.1 1,627.3 375.4 51.4 –166.2III ..... 4,024.8 2,835.1 1,354.3 991.6 477.2 925.3 132.0 137.0 –4.7 4,197.8 2,105.8 1,651.2 391.1 49.8 –173.1IV ..... 4,064.9 2,855.7 1,393.5 1,000.7 439.7 938.4 136.9 139.9 –6.0 4,192.0 2,119.7 1,655.5 368.2 48.7 –127.0

2007: I ....... 4,167.4 2,935.1 1,459.5 1,015.3 447.4 957.3 140.4 143.0 –8.4 4,335.5 2,152.2 1,730.7 403.3 49.2 –168.1II ...... 4,202.8 2,963.1 1,481.8 1,025.2 442.0 958.5 142.8 145.3 –6.9 4,389.1 2,197.2 1,714.4 419.1 58.3 –186.3III ..... 4,212.3 2,960.4 1,500.7 1,032.2 414.3 963.4 144.9 148.5 –4.9 4,450.7 2,234.3 1,744.5 415.8 56.0 –238.4IV ..... 4,254.2 2,983.6 1,521.9 1,042.3 403.2 977.5 145.1 153.9 –6.0 4,520.5 2,275.9 1,783.7 405.5 55.4 –266.3

2008: I ....... 4,172.0 2,884.1 1,531.8 1,042.5 295.0 990.3 143.7 159.4 –5.6 4,625.5 2,332.5 1,825.2 414.6 53.1 –453.5II ...... 3,974.5 2,679.8 1,326.2 1,050.8 288.4 993.9 145.1 162.0 –6.3 4,797.0 2,381.5 1,966.7 395.9 52.9 –822.5III ..... 4,087.0 2,786.2 1,437.3 1,058.5 275.7 999.9 143.2 164.5 –6.9 4,811.7 2,436.4 1,898.7 423.8 52.9 –724.8IV ..... 3,996.8 2,681.8 1,434.3 1,037.3 194.2 998.4 144.6 181.0 –8.9 4,726.9 2,397.1 1,925.3 349.3 55.2 –730.2

2009: I ....... 3,775.0 2,463.7 1,187.3 1,018.8 244.2 974.8 156.5 190.7 –10.7 4,780.6 2,378.6 2,009.2 337.3 55.5 –1,005.7II ...... 3,728.4 2,395.4 1,082.6 1,019.6 281.2 976.0 166.5 199.3 –8.8 5,021.9 2,409.0 2,175.2 382.8 54.9 –1,293.5III ..... 3,735.0 2,416.7 1,086.1 1,023.1 296.7 979.0 165.7 180.0 –6.3 5,077.0 2,431.0 2,174.4 403.8 67.7 –1,342.0IV p .. ............. ............. 1,074.4 1,034.3 ............. 983.4 168.5 186.1 –6.6 5,092.3 2,452.4 2,186.8 392.6 60.5 ...............

1 Includes taxes from the rest of the world, not shown separately.2 Includes an item for the difference between wage accruals and disbursements, not shown separately.Source: Department of Commerce (Bureau of Economic Analysis).

Government Finance | 429

Table B–84. Federal Government current receipts and expenditures, national income andproduct accounts (NIPA), 1960–2009

[Billions of dollars; quarterly data at seasonally adjusted annual rates]

Year orquarter

Current receipts Current expenditures

NetFederalGovern-

mentsaving

Total

Current tax receipts Contri-butions

forgovern-mentsocialinsur-ance

Incomere-

ceiptson

assets

Currenttrans-

ferre-

ceipts

Currentsurplus

ofgovern-mententer-prises

Total 2

Con-sump-tion

expen-ditures

Currenttrans-

ferpay-

ments 3

Interestpay-

ments

Sub-si-

diesTotal 1Per-

sonalcurrenttaxes

Taxeson

produc-tionand

imports

Taxeson

corpo-rate

income

1960 ........... 93.9 76.5 41.8 13.1 21.4 16.0 1.4 0.4 –0.3 86.8 49.7 27.6 8.4 1.1 7.11961 ........... 95.5 77.5 42.7 13.2 21.5 16.6 1.5 .5 –.5 92.9 51.6 31.4 7.9 2.0 2.61962 ........... 103.6 83.3 46.5 14.1 22.5 18.6 1.7 .5 –.5 101.2 57.8 32.5 8.6 2.3 2.41963 ........... 111.8 88.6 49.1 14.7 24.6 21.1 1.8 .6 –.3 106.5 60.8 34.2 9.3 2.2 5.31964 ........... 111.8 87.7 46.0 15.4 26.1 21.8 1.8 .7 –.3 110.9 62.8 35.4 10.0 2.7 .91965 ........... 121.0 95.6 51.1 15.4 28.9 22.7 1.9 1.1 –.3 117.7 65.7 38.5 10.6 3.0 3.21966 ........... 138.0 104.7 58.6 14.4 31.4 30.6 2.1 1.2 –.6 135.7 75.7 44.4 11.6 3.9 2.31967 ........... 146.9 109.8 64.4 15.2 30.0 34.1 2.5 1.1 –.6 156.2 87.0 52.8 12.7 3.8 –9.31968 ........... 171.3 129.7 76.4 16.9 36.1 37.9 2.9 1.1 –.3 173.7 95.3 59.7 14.6 4.1 –2.41969 ........... 192.7 146.0 91.7 17.8 36.1 43.3 2.7 1.1 –.4 184.1 98.3 65.5 15.8 4.5 8.61970 ........... 186.1 137.9 88.9 18.1 30.6 45.5 3.1 1.1 –1.5 201.6 98.6 80.5 17.7 4.8 –15.51971 ........... 191.9 138.6 85.8 19.0 33.5 50.3 3.5 1.1 –1.6 220.6 101.9 96.1 17.9 4.6 –28.71972 ........... 220.3 158.2 102.8 18.5 36.6 58.3 3.6 1.3 –1.1 245.2 107.6 112.7 18.8 6.6 –24.91973 ........... 250.8 173.0 109.6 19.8 43.3 74.5 3.8 1.3 –1.8 262.6 108.8 125.9 22.8 5.1 –11.81974 ........... 280.0 192.1 126.5 20.1 45.1 84.1 4.2 1.4 –1.8 294.5 117.9 146.9 26.0 3.2 –14.51975 ........... 277.6 186.8 120.7 22.1 43.6 88.1 4.9 1.5 –3.6 348.3 129.5 185.6 28.9 4.3 –70.61976 ........... 323.0 217.9 141.2 21.4 54.6 99.8 5.9 1.6 –2.2 376.7 137.1 200.9 33.8 4.9 –53.71977 ........... 364.0 247.2 162.2 22.7 61.6 111.1 6.7 2.0 –3.0 410.1 150.7 215.5 37.1 6.9 –46.11978 ........... 424.0 286.6 188.9 25.3 71.4 128.7 8.5 2.7 –2.5 452.9 163.3 235.7 45.3 8.7 –28.91979 ........... 486.9 325.9 224.6 25.7 74.4 149.8 10.7 3.1 –2.6 500.9 178.9 258.0 55.7 8.2 –14.01980 ........... 532.8 355.5 250.0 33.7 70.3 163.6 13.7 3.9 –3.9 589.5 207.4 302.9 69.7 9.4 –56.61981 ........... 619.9 407.7 290.6 49.9 65.7 193.0 18.3 4.1 –3.2 676.7 238.3 333.5 93.9 11.1 –56.81982 ........... 617.4 386.3 295.0 41.0 49.0 206.0 22.2 5.7 –2.9 752.6 263.3 363.0 111.8 14.6 –135.31983 ........... 643.3 393.2 286.2 44.4 61.3 223.1 23.8 6.1 –3.0 819.5 286.4 387.2 124.6 20.9 –176.21984 ........... 710.0 425.2 301.4 47.3 75.2 254.1 26.6 7.4 –3.4 881.5 309.9 400.8 150.3 20.7 –171.51985 ........... 774.4 460.2 336.0 46.1 76.3 277.9 29.1 9.7 –2.6 953.0 338.3 424.0 169.4 21.0 –178.61986 ........... 816.0 479.2 350.0 43.7 83.8 298.9 31.3 8.5 –1.9 1,010.7 358.0 449.9 178.2 24.6 –194.61987 ........... 896.5 543.6 392.5 45.9 103.2 317.4 27.5 11.0 –3.0 1,045.9 373.7 457.6 184.6 30.0 –149.31988 ........... 958.5 566.2 402.8 49.8 111.1 354.8 29.4 10.5 –2.3 1,096.9 381.7 486.8 199.3 29.2 –138.41989 ........... 1,038.0 621.2 451.5 49.7 117.2 378.0 28.0 12.7 –1.7 1,172.0 398.5 527.1 219.3 27.1 –133.91990 ........... 1,082.8 642.2 470.1 50.9 118.1 402.0 29.6 14.2 –5.3 1,259.2 419.0 576.2 237.5 26.6 –176.41991 ........... 1,101.9 635.6 461.3 61.8 109.9 420.6 29.1 18.2 –1.6 1,320.3 438.3 604.0 250.9 27.1 –218.41992 ........... 1,148.0 659.9 475.2 63.3 118.8 444.0 24.8 19.4 .0 1,450.5 444.1 725.4 251.3 29.7 –302.51993 ........... 1,224.1 713.0 505.5 66.4 138.5 465.5 25.5 21.3 –1.3 1,504.3 441.2 773.4 253.4 36.3 –280.21994 ........... 1,322.1 781.4 542.5 79.0 156.7 496.2 22.7 22.8 –.9 1,542.5 440.7 808.3 261.3 32.2 –220.41995 ........... 1,407.8 844.6 585.8 75.6 179.3 521.9 23.3 18.4 –.3 1,614.0 440.1 849.0 290.4 34.5 –206.21996 ........... 1,526.4 931.9 663.3 72.9 190.6 545.4 26.5 23.8 –1.2 1,674.7 446.5 896.0 297.3 34.9 –148.21997 ........... 1,656.2 1,030.1 744.2 77.8 203.0 579.4 25.4 21.3 –.1 1,716.3 457.5 925.4 300.0 33.4 –60.11998 ........... 1,777.9 1,115.8 825.2 80.7 204.2 617.4 21.2 22.6 .8 1,744.3 454.6 954.9 298.8 35.9 33.61999 ........... 1,895.0 1,195.4 893.0 83.4 213.0 654.8 20.6 23.4 .8 1,796.2 473.3 995.4 282.7 44.8 98.82000 ........... 2,057.1 1,309.6 995.6 87.3 219.4 698.6 24.5 25.7 –1.2 1,871.9 496.0 1,047.4 283.3 45.3 185.22001 ........... 2,020.3 1,249.4 991.8 85.3 164.7 723.3 24.5 27.0 –4.0 1,979.8 530.2 1,140.0 258.6 51.1 40.52002 ........... 1,859.3 1,073.5 828.6 86.8 150.5 739.3 20.3 26.1 .2 2,112.1 590.5 1,252.1 229.1 40.5 –252.82003 ........... 1,885.1 1,070.2 774.2 89.3 197.8 762.8 22.8 25.6 3.7 2,261.5 660.3 1,339.4 212.9 49.0 –376.42004 ........... 2,013.9 1,153.8 799.2 94.3 250.3 807.6 23.2 29.0 .3 2,393.4 721.4 1,405.0 221.0 46.0 –379.52005 ........... 2,290.1 1,383.7 931.9 98.8 341.0 852.6 23.7 33.6 –3.5 2,573.1 765.8 1,491.3 255.4 60.5 –283.02006 ........... 2,524.5 1,558.3 1,049.9 99.4 395.0 904.6 26.1 38.3 –2.9 2,728.3 811.0 1,587.1 279.2 51.0 –203.82007 ........... 2,660.8 1,647.2 1,168.1 94.7 370.2 944.4 29.1 42.7 –2.7 2,897.2 848.8 1,688.6 312.2 47.6 –236.52008 ........... 2,475.0 1,421.7 1,102.5 92.0 212.3 974.5 30.3 52.3 –3.8 3,117.6 934.4 1,840.6 292.0 50.6 –642.62009 p ......... ............. ............. 836.5 92.4 ............. 956.4 48.3 68.1 –4.9 3,454.5 986.8 2,137.1 272.3 58.3 ...............2006: I ....... 2,473.8 1,517.6 1,023.1 99.6 383.8 896.9 24.3 37.1 –2.1 2,681.1 810.4 1,552.4 263.1 55.2 –207.3

II ...... 2,501.8 1,541.6 1,034.7 99.6 396.1 899.8 25.5 37.7 –2.7 2,731.2 808.5 1,588.9 282.8 51.1 –229.4III ..... 2,547.4 1,581.3 1,053.9 99.9 415.5 904.0 26.5 38.6 –3.0 2,762.9 813.1 1,603.7 296.7 49.4 –215.5IV ..... 2,575.1 1,592.8 1,088.0 98.6 384.6 917.8 28.2 39.9 –3.6 2,738.1 812.1 1,603.5 274.2 48.3 –163.0

2007: I ....... 2,640.1 1,638.3 1,136.8 94.9 393.6 937.3 28.3 41.0 –4.8 2,841.0 821.1 1,666.2 306.4 47.4 –200.9II ...... 2,660.1 1,654.0 1,157.6 94.8 387.3 938.8 28.7 41.5 –2.9 2,881.3 839.9 1,672.4 321.3 47.7 –221.3III ..... 2,659.9 1,644.8 1,177.6 95.4 358.5 943.8 29.6 42.6 –.8 2,918.7 860.8 1,694.1 316.6 47.3 –258.8IV ..... 2,682.9 1,651.7 1,200.6 93.6 341.3 957.6 29.8 45.8 –2.1 2,947.9 873.4 1,721.6 304.7 48.2 –265.0

2008: I ....... 2,590.7 1,546.0 1,195.3 92.7 243.1 970.0 29.3 47.9 –2.5 3,024.2 903.2 1,759.5 312.3 49.2 –433.5II ...... 2,372.1 1,322.8 984.2 93.1 231.2 973.0 31.2 48.4 –3.4 3,169.0 923.2 1,904.5 291.4 49.9 –796.9III ..... 2,489.5 1,435.2 1,110.1 91.8 218.5 978.5 30.6 49.0 –3.9 3,155.2 956.0 1,829.0 319.5 50.7 –665.7IV ..... 2,447.8 1,382.9 1,120.2 90.2 156.5 976.4 30.0 64.0 –5.4 3,121.9 955.4 1,869.5 244.6 52.4 –674.1

2009: I ....... 2,251.3 1,191.5 900.3 85.7 192.0 953.0 40.7 72.7 –6.7 3,220.3 954.2 1,981.2 231.3 53.6 –969.1II ...... 2,237.0 1,157.4 829.9 91.6 223.8 954.3 50.8 79.8 –5.3 3,505.9 979.1 2,195.6 277.4 53.7 –1,268.9III ..... 2,215.1 1,153.2 811.0 93.5 238.1 957.1 49.5 58.7 –3.5 3,542.1 1,001.2 2,178.1 296.3 66.5 –1,327.0IV p .. ............. ............. 804.7 98.7 ............. 961.3 52.1 61.2 –4.3 3,549.7 1,012.8 2,193.5 284.1 59.3 ...............

1 Includes taxes from the rest of the world, not shown separately.2 Includes an item for the difference between wage accruals and disbursements, not shown separately.3 Includes Federal grants-in-aid to State and local governments. See Table B–82 for data on Federal grants-in-aid.Source: Department of Commerce (Bureau of Economic Analysis).

430 | Appendix B

Table B–85. State and local government current receipts and expenditures, national incomeand product accounts (NIPA), 1960–2009

[Billions of dollars; quarterly data at seasonally adjusted annual rates]

Year orquarter

Current receipts Current expenditures

NetStateandlocal

govern-ment

saving

Total

Current tax receipts Contri-butions

forgovern-mentsocialinsur-ance

Incomere-

ceiptson

assets

Currenttransfer

re-ceipts 1

Currentsurplus

ofgovern-mententer-prises

Total 2

Con-sump-tion

expen-ditures

Govern-mentsocialbenefit

pay-ments

toper-sons

Interestpay-

ments

Sub-si-

diesTotalPer-

sonalcurrenttaxes

Taxeson

produc-tionand

imports

Taxeson

corpo-rate

income

1960 ........... 44.5 37.0 4.2 31.5 1.2 0.5 1.3 4.5 1.2 40.2 33.5 4.6 2.1 0.0 4.31961 ........... 48.1 39.7 4.6 33.8 1.3 .5 1.4 5.2 1.3 43.8 36.6 5.0 2.2 .0 4.31962 ........... 52.0 42.8 5.0 36.3 1.5 .5 1.5 5.8 1.4 46.8 39.0 5.3 2.4 .0 5.21963 ........... 56.0 45.8 5.4 38.7 1.7 .6 1.6 6.4 1.6 50.3 41.9 5.7 2.7 .0 5.71964 ........... 61.3 49.8 6.1 41.8 1.8 .7 1.9 7.3 1.6 54.9 45.8 6.2 2.9 .0 6.41965 ........... 66.5 53.9 6.6 45.3 2.0 .8 2.2 8.0 1.7 60.0 50.2 6.7 3.1 .0 6.51966 ........... 74.9 58.8 7.8 48.8 2.2 .8 2.6 11.1 1.6 67.2 56.1 7.6 3.4 .0 7.81967 ........... 82.5 64.0 8.6 52.8 2.6 .9 3.0 13.1 1.5 75.5 62.6 9.2 3.7 .0 7.01968 ........... 93.5 73.4 10.6 59.5 3.3 .9 3.5 14.2 1.5 86.0 70.4 11.4 4.2 .0 7.51969 ........... 105.5 82.5 12.8 66.0 3.6 1.0 4.3 16.2 1.5 97.5 79.8 13.2 4.4 .0 8.01970 ........... 120.1 91.3 14.2 73.3 3.7 1.1 5.2 21.1 1.5 113.0 91.5 16.1 5.3 .0 7.11971 ........... 134.9 101.7 15.9 81.5 4.3 1.2 5.5 25.2 1.4 128.5 102.7 19.3 6.5 .0 6.51972 ........... 158.4 115.6 20.9 89.4 5.3 1.3 5.9 34.0 1.6 142.8 113.2 22.0 7.5 .1 15.61973 ........... 174.3 126.3 22.8 97.4 6.0 1.5 7.8 37.3 1.5 158.6 126.0 24.1 8.5 .1 15.71974 ........... 188.1 136.0 24.5 104.8 6.7 1.7 10.2 39.3 .9 178.7 143.7 25.3 9.6 .1 9.31975 ........... 209.6 147.4 26.9 113.2 7.3 1.8 11.2 48.7 .4 207.1 165.1 30.8 11.1 .2 2.51976 ........... 233.7 165.7 31.1 125.0 9.6 2.2 10.4 55.0 .4 226.3 179.5 34.1 12.5 .2 7.41977 ........... 259.9 183.7 35.4 136.9 11.4 2.8 11.7 61.4 .3 246.8 195.9 37.0 13.7 .2 13.11978 ........... 287.6 198.2 40.5 145.6 12.1 3.4 14.7 71.1 .3 268.9 213.2 40.8 14.9 .2 18.71979 ........... 308.4 212.0 44.0 154.4 13.6 3.9 20.1 72.7 –.3 295.4 233.3 44.3 17.2 .3 13.01980 ........... 338.2 230.0 48.9 166.7 14.5 3.6 26.3 79.5 –1.2 329.4 258.4 51.2 19.4 .4 8.81981 ........... 370.2 255.8 54.6 185.7 15.4 3.9 32.0 81.0 –2.4 362.7 282.3 57.1 22.8 .4 7.61982 ........... 391.4 273.2 59.1 200.0 14.0 4.0 36.7 79.1 –1.6 393.6 304.9 61.2 27.1 .5 –2.21983 ........... 428.6 300.9 66.1 218.9 15.9 4.1 41.4 82.4 –.2 423.7 324.1 66.9 32.3 .4 4.91984 ........... 480.2 337.3 76.0 242.5 18.8 4.7 47.7 89.0 1.5 456.2 347.7 71.2 37.0 .4 23.91985 ........... 521.1 363.7 81.4 262.1 20.2 4.9 54.8 94.5 3.2 498.7 381.8 77.3 39.4 .3 22.41986 ........... 561.6 389.5 87.2 279.7 22.7 6.0 58.4 105.0 2.8 540.9 418.1 84.3 38.2 .3 20.71987 ........... 590.6 422.1 96.6 301.6 23.9 7.2 58.2 100.0 3.1 578.6 441.4 90.7 46.2 .3 12.01988 ........... 635.5 452.8 102.1 324.6 26.0 8.4 60.5 109.0 4.8 618.3 471.0 98.5 48.4 .4 17.21989 ........... 687.5 488.0 114.6 349.1 24.2 9.0 65.7 118.1 6.7 667.4 504.5 109.3 53.2 .4 20.11990 ........... 738.0 519.1 122.6 374.1 22.5 10.0 68.5 133.5 6.9 731.8 547.0 127.7 56.8 .4 6.21991 ........... 789.4 544.3 125.3 395.3 23.6 11.6 68.0 158.2 7.3 795.2 577.5 156.5 60.8 .4 –5.81992 ........... 846.2 579.8 135.3 420.1 24.4 13.1 64.8 180.3 8.3 847.6 606.2 180.0 61.0 .4 –1.41993 ........... 888.2 604.7 141.1 436.8 26.9 14.1 61.3 198.1 9.9 889.1 634.2 195.2 59.4 .4 –.91994 ........... 944.8 644.2 148.0 466.3 30.0 14.5 63.3 212.3 10.5 936.6 668.2 206.7 61.4 .3 8.21995 ........... 991.9 672.1 158.1 482.4 31.7 13.6 68.5 224.2 13.5 982.7 701.3 217.6 63.5 .3 9.21996 ........... 1,045.1 709.6 168.7 507.9 33.0 12.5 73.4 234.0 15.6 1,022.1 730.2 224.3 67.3 .3 23.01997 ........... 1,099.5 749.9 182.0 533.8 34.1 10.8 78.2 246.4 14.2 1,063.2 764.5 227.6 70.6 .4 36.31998 ........... 1,164.5 794.9 201.2 558.8 34.9 10.4 81.5 265.3 12.5 1,117.6 808.6 235.8 72.8 .4 46.91999 ........... 1,240.4 840.4 214.5 590.2 35.8 9.8 85.8 291.1 13.3 1,198.6 870.6 252.3 75.2 .4 41.82000 ........... 1,322.6 893.2 236.7 621.3 35.2 10.8 94.3 313.9 10.4 1,281.3 930.6 271.4 78.8 .5 41.32001 ........... 1,374.0 914.3 243.0 642.4 28.9 13.7 90.0 348.0 8.0 1,389.9 994.2 305.1 83.0 7.7 –15.92002 ........... 1,412.7 928.7 221.8 676.0 30.9 15.9 79.6 382.3 6.1 1,466.8 1,049.4 333.0 83.5 .9 –54.12003 ........... 1,496.3 977.7 226.2 717.5 34.0 20.1 74.0 421.3 3.3 1,535.1 1,096.5 353.4 85.1 .1 –38.82004 ........... 1,601.0 1,059.4 248.6 769.1 41.7 24.1 77.1 439.4 1.0 1,609.3 1,139.1 384.3 85.6 .4 –8.42005 ........... 1,730.4 1,163.1 276.7 831.4 54.9 24.8 88.3 454.3 .1 1,704.5 1,212.0 404.8 87.3 .4 25.92006 ........... 1,829.7 1,249.0 302.5 887.4 59.2 21.8 103.5 456.7 –1.3 1,778.6 1,282.3 402.9 93.0 .4 51.02007 ........... 1,927.3 1,313.4 322.8 934.0 56.5 19.8 114.2 483.9 –3.9 1,905.6 1,366.1 433.7 98.7 7.1 21.72008 ........... 1,974.2 1,336.3 330.0 955.3 51.0 21.1 113.9 506.1 –3.2 2,014.4 1,452.4 455.0 103.9 3.0 –40.22009 p ......... ............. ............. 271.2 931.6 ............. 21.9 116.0 597.5 –3.2 2,015.1 1,430.9 475.9 106.8 1.4 ...............2006: I ....... 1,800.6 1,230.0 298.4 871.9 59.6 23.1 97.9 449.9 –.3 1,738.0 1,254.5 392.2 91.0 .4 62.6

II ...... 1,830.3 1,249.5 305.5 883.8 60.2 22.1 101.9 457.8 –1.1 1,767.0 1,274.6 399.4 92.6 .4 63.2III ..... 1,842.5 1,253.8 300.4 891.8 61.6 21.3 105.5 463.5 –1.6 1,800.1 1,292.7 412.6 94.5 .4 42.4IV ..... 1,845.3 1,262.9 305.5 902.2 55.1 20.6 108.7 455.5 –2.3 1,809.4 1,307.6 407.4 94.0 .4 35.9

2007: I ....... 1,902.3 1,296.8 322.7 920.4 53.8 20.0 112.0 477.0 –3.6 1,869.5 1,331.2 439.5 97.0 1.9 32.8II ...... 1,923.4 1,309.1 324.1 930.4 54.7 19.7 114.0 484.5 –4.0 1,888.4 1,357.3 422.6 97.8 10.7 34.9III ..... 1,932.1 1,315.7 323.1 936.8 55.8 19.6 115.3 485.6 –4.1 1,911.7 1,373.6 430.2 99.2 8.8 20.3IV ..... 1,951.6 1,331.9 321.3 948.7 61.9 19.9 115.3 488.4 –3.9 1,952.9 1,402.5 442.4 100.8 7.2 –1.3

2008: I ....... 1,963.7 1,338.1 336.4 949.8 51.9 20.3 114.4 493.9 –3.1 1,983.8 1,429.3 448.2 102.4 4.0 –20.1II ...... 1,994.2 1,356.9 342.0 957.7 57.2 20.8 114.0 505.4 –2.9 2,019.8 1,458.3 454.0 104.5 2.9 –25.5III ..... 1,987.5 1,351.0 327.2 966.7 57.1 21.4 112.7 505.5 –3.1 2,046.5 1,480.4 459.7 104.3 2.1 –59.0IV ..... 1,951.4 1,298.9 314.1 947.1 37.7 22.0 114.5 519.5 –3.5 2,007.5 1,441.7 458.3 104.7 2.8 –56.1

2009: I ....... 1,961.4 1,272.2 287.0 933.0 52.2 21.8 115.8 555.7 –4.0 1,998.0 1,424.4 465.7 106.0 2.0 –36.6II ...... 1,989.3 1,238.1 252.7 928.0 57.4 21.7 115.7 617.4 –3.5 2,013.9 1,429.9 477.5 105.4 1.2 –24.6III ..... 2,003.6 1,263.5 275.2 929.7 58.6 21.9 116.2 604.9 –2.9 2,018.6 1,429.8 480.0 107.5 1.2 –14.9IV p .. ............. ............. 269.8 935.6 ............. 22.1 116.4 612.1 –2.3 2,029.8 1,439.7 480.5 108.5 1.2 ...............

1 Includes Federal grants-in-aid. See Table B–82 for data on Federal grants-in-aid.2 Includes an item for the difference between wage accruals and disbursements, not shown separately.Source: Department of Commerce (Bureau of Economic Analysis).

Government Finance | 431

Table B–86. State and local government revenues and expenditures, selected fiscal years,1942–2007

[Millions of dollars]

Fiscal year 1

General revenues by source 2 General expenditures by function 2

Total Propertytaxes

Salesand

grossreceipts

taxes

Individualincometaxes

Corpora-tionnet

incometaxes

Revenuefrom

FederalGovern-

ment

Allother 3 Total 4 Edu-

cationHigh-ways

Publicwelfare 4

Allother 4, 5

1942 ...................... 10,418 4,537 2,351 276 272 858 2,123 9,190 2,586 1,490 1,225 3,8891944 ...................... 10,908 4,604 2,289 342 451 954 2,269 8,863 2,793 1,200 1,133 3,7371946 ...................... 12,356 4,986 2,986 422 447 855 2,661 11,028 3,356 1,672 1,409 4,5911948 ...................... 17,250 6,126 4,442 543 592 1,861 3,685 17,684 5,379 3,036 2,099 7,1701950 ...................... 20,911 7,349 5,154 788 593 2,486 4,541 22,787 7,177 3,803 2,940 8,8671952 ...................... 25,181 8,652 6,357 998 846 2,566 5,763 26,098 8,318 4,650 2,788 10,3421953 ...................... 27,307 9,375 6,927 1,065 817 2,870 6,252 27,910 9,390 4,987 2,914 10,6191954 ...................... 29,012 9,967 7,276 1,127 778 2,966 6,897 30,701 10,557 5,527 3,060 11,5571955 ...................... 31,073 10,735 7,643 1,237 744 3,131 7,584 33,724 11,907 6,452 3,168 12,1971956 ...................... 34,667 11,749 8,691 1,538 890 3,335 8,465 36,711 13,220 6,953 3,139 13,3991957 ...................... 38,164 12,864 9,467 1,754 984 3,843 9,252 40,375 14,134 7,816 3,485 14,9401958 ...................... 41,219 14,047 9,829 1,759 1,018 4,865 9,699 44,851 15,919 8,567 3,818 16,5471959 ...................... 45,306 14,983 10,437 1,994 1,001 6,377 10,516 48,887 17,283 9,592 4,136 17,8761960 ...................... 50,505 16,405 11,849 2,463 1,180 6,974 11,634 51,876 18,719 9,428 4,404 19,3251961 ...................... 54,037 18,002 12,463 2,613 1,266 7,131 12,563 56,201 20,574 9,844 4,720 21,0631962 ...................... 58,252 19,054 13,494 3,037 1,308 7,871 13,489 60,206 22,216 10,357 5,084 22,5491963 ...................... 62,890 20,089 14,456 3,269 1,505 8,722 14,850 64,816 23,776 11,136 5,481 24,4231962–63 ................ 62,269 19,833 14,446 3,267 1,505 8,663 14,556 63,977 23,729 11,150 5,420 23,6781963–64 ................ 68,443 21,241 15,762 3,791 1,695 10,002 15,951 69,302 26,286 11,664 5,766 25,5861964–65 ................ 74,000 22,583 17,118 4,090 1,929 11,029 17,250 74,678 28,563 12,221 6,315 27,5791965–66 ................ 83,036 24,670 19,085 4,760 2,038 13,214 19,269 82,843 33,287 12,770 6,757 30,0291966–67 ................ 91,197 26,047 20,530 5,825 2,227 15,370 21,198 93,350 37,919 13,932 8,218 33,2811967–68 ................ 101,264 27,747 22,911 7,308 2,518 17,181 23,599 102,411 41,158 14,481 9,857 36,9151968–69 ................ 114,550 30,673 26,519 8,908 3,180 19,153 26,117 116,728 47,238 15,417 12,110 41,9631969–70 ................ 130,756 34,054 30,322 10,812 3,738 21,857 29,973 131,332 52,718 16,427 14,679 47,5081970–71 ................ 144,927 37,852 33,233 11,900 3,424 26,146 32,372 150,674 59,413 18,095 18,226 54,9401971–72 ................ 167,535 42,877 37,518 15,227 4,416 31,342 36,156 168,549 65,813 19,021 21,117 62,5981972–73 ................ 190,222 45,283 42,047 17,994 5,425 39,264 40,210 181,357 69,713 18,615 23,582 69,4471973–74 ................ 207,670 47,705 46,098 19,491 6,015 41,820 46,542 198,959 75,833 19,946 25,085 78,0951974–75 ................ 228,171 51,491 49,815 21,454 6,642 47,034 51,735 230,722 87,858 22,528 28,156 92,1801975–76 ................ 256,176 57,001 54,547 24,575 7,273 55,589 57,191 256,731 97,216 23,907 32,604 103,0041976–77 ................ 285,157 62,527 60,641 29,246 9,174 62,444 61,125 274,215 102,780 23,058 35,906 112,4721977–78 ................ 315,960 66,422 67,596 33,176 10,738 69,592 68,435 296,984 110,758 24,609 39,140 122,4781978–79 ................ 343,236 64,944 74,247 36,932 12,128 75,164 79,822 327,517 119,448 28,440 41,898 137,7311979–80 ................ 382,322 68,499 79,927 42,080 13,321 83,029 95,467 369,086 133,211 33,311 47,288 155,2761980–81 ................ 423,404 74,969 85,971 46,426 14,143 90,294 111,599 407,449 145,784 34,603 54,105 172,9571981–82 ................ 457,654 82,067 93,613 50,738 15,028 87,282 128,925 436,733 154,282 34,520 57,996 189,9351982–83 ................ 486,753 89,105 100,247 55,129 14,258 90,007 138,008 466,516 163,876 36,655 60,906 205,0801983–84 ................ 542,730 96,457 114,097 64,529 17,141 96,935 153,571 505,008 176,108 39,419 66,414 223,0681984–85 ................ 598,121 103,757 126,376 70,361 19,152 106,158 172,317 553,899 192,686 44,989 71,479 244,7451985–86 ................ 641,486 111,709 135,005 74,365 19,994 113,099 187,314 605,623 210,819 49,368 75,868 269,5681986–87 ................ 686,860 121,203 144,091 83,935 22,425 114,857 200,350 657,134 226,619 52,355 82,650 295,5101987–88 ................ 726,762 132,212 156,452 88,350 23,663 117,602 208,482 704,921 242,683 55,621 89,090 317,5271988–89 ................ 786,129 142,400 166,336 97,806 25,926 125,824 227,838 762,360 263,898 58,105 97,879 342,4791989–90 ................ 849,502 155,613 177,885 105,640 23,566 136,802 249,996 834,818 288,148 61,057 110,518 375,0941990–91 ................ 902,207 167,999 185,570 109,341 22,242 154,099 262,955 908,108 309,302 64,937 130,402 403,4671991–92 ................ 979,137 180,337 197,731 115,638 23,880 179,174 282,376 981,253 324,652 67,351 158,723 430,5261992–93 ................ 1,041,643 189,744 209,649 123,235 26,417 198,663 293,935 1,030,434 342,287 68,370 170,705 449,0721993–94 ................ 1,100,490 197,141 223,628 128,810 28,320 215,492 307,099 1,077,665 353,287 72,067 183,394 468,9161994–95 ................ 1,169,505 203,451 237,268 137,931 31,406 228,771 330,677 1,149,863 378,273 77,109 196,703 497,7791995–96 ................ 1,222,821 209,440 248,993 146,844 32,009 234,891 350,645 1,193,276 398,859 79,092 197,354 517,9711996–97 ................ 1,289,237 218,877 261,418 159,042 33,820 244,847 371,233 1,249,984 418,416 82,062 203,779 545,7271997–98 ................ 1,365,762 230,150 274,883 175,630 34,412 255,048 395,639 1,318,042 450,365 87,214 208,120 572,3431998–99 ................ 1,434,029 239,672 290,993 189,309 33,922 270,628 409,505 1,402,369 483,259 93,018 218,957 607,1341999–2000 ............ 1,541,322 249,178 309,290 211,661 36,059 291,950 443,186 1,506,797 521,612 101,336 237,336 646,5122000–01 ................ 1,647,161 263,689 320,217 226,334 35,296 324,033 477,592 1,626,066 563,575 107,235 261,622 693,6342001–02 ................ 1,684,879 279,191 324,123 202,832 28,152 360,546 490,035 1,736,866 594,694 115,295 285,464 741,4132002–03 ................ 1,763,212 296,683 337,787 199,407 31,369 389,264 508,702 1,821,917 621,335 117,696 310,783 772,1022003–04 ................ 1,887,397 317,941 361,027 215,215 33,716 423,112 536,386 1,908,543 655,182 117,215 340,523 795,6222004–05 ................ 2,026,034 335,779 384,266 242,273 43,256 438,558 581,902 2,012,110 688,314 126,350 365,286 832,1612005–06 ................ 2,189,750 358,564 417,013 268,362 53,075 452,854 639,882 2,122,967 728,922 136,495 371,997 885,5522006–07 ................ 2,329,015 383,101 438,580 289,308 60,524 467,584 689,918 2,265,284 776,626 144,807 389,123 954,729

1 Fiscal years not the same for all governments. See Note.2 Excludes revenues or expenditures of publicly owned utilities and liquor stores and of insurance-trust activities. Intergovernmental receipts and payments

between State and local governments are also excluded.3 Includes motor vehicle license taxes, other taxes, and charges and miscellaneous revenues.4 Includes intergovernmental payments to the Federal Government.5 Includes expenditures for libraries, hospitals, health, employment security administration, veterans’ services, air transportation, water transport and

terminals, parking facilities, transit subsidies, police protection, fire protection, correction, protective inspection and regulation, sewerage, natural resources,parks and recreation, housing and community development, solid waste management, financial administration, judicial and legal, general public buildings, othergovernment administration, interest on general debt, and other general expenditures, not elsewhere classified.

Note: Except for States listed, data for fiscal years listed from 1962–63 to 2006–07 are the aggregation of data for government fiscal years that ended in the12-month period from July 1 to June 30 of those years; Texas used August and Alabama and Michigan used September as end dates. Data for 1963 and earlieryears include data for government fiscal years ending during that particular calendar year.

Data prior to 1952 are not available for intervening years.Source: Department of Commerce (Bureau of the Census).

432 | Appendix B

Table B–87. U.S. Treasury securities outstanding by kind of obligation, 1970–2009[Billions of dollars]

End of year ormonth

TotalTreasury

secu-ritiesout-

stand-ing 1

Marketable Nonmarketable

Total 2 Treasurybills

Treasurynotes

Treasurybonds

Treasuryinflation-protected

securities TotalU.S.

savingssecu-rities 3

Foreignseries 4

Govern-ment

accountseries

Other 5

Total Notes Bonds

Fiscal year:1970 ................ 369.0 232.6 76.2 93.5 63.0 .............. .............. .............. 136.4 51.3 4.8 76.3 4.11971 ................ 396.3 245.5 86.7 104.8 54.0 .............. .............. .............. 150.8 53.0 9.3 82.8 5.81972 ................ 425.4 257.2 94.6 113.4 49.1 .............. .............. .............. 168.2 55.9 19.0 89.6 3.71973 ................ 456.4 263.0 100.1 117.8 45.1 .............. .............. .............. 193.4 59.4 28.5 101.7 3.71974 ................ 473.2 266.6 105.0 128.4 33.1 .............. .............. .............. 206.7 61.9 25.0 115.4 4.31975 ................ 532.1 315.6 128.6 150.3 36.8 .............. .............. .............. 216.5 65.5 23.2 124.2 3.61976 ................ 619.3 392.6 161.2 191.8 39.6 .............. .............. .............. 226.7 69.7 21.5 130.6 4.91977 ................ 697.6 443.5 156.1 241.7 45.7 .............. .............. .............. 254.1 75.4 21.8 140.1 16.81978 ................ 767.0 485.2 160.9 267.9 56.4 .............. .............. .............. 281.8 79.8 21.7 153.3 27.11979 ................ 819.0 506.7 161.4 274.2 71.1 .............. .............. .............. 312.3 80.4 28.1 176.4 27.41980 ................ 906.4 594.5 199.8 310.9 83.8 .............. .............. .............. 311.9 72.7 25.2 189.8 24.21981 ................ 996.5 683.2 223.4 363.6 96.2 .............. .............. .............. 313.3 68.0 20.5 201.1 23.71982 ................ 1,140.9 824.4 277.9 442.9 103.6 .............. .............. .............. 316.5 67.3 14.6 210.5 24.11983 ................ 1,375.8 1,024.0 340.7 557.5 125.7 .............. .............. .............. 351.8 70.0 11.5 234.7 35.61984 ................ 1,559.6 1,176.6 356.8 661.7 158.1 .............. .............. .............. 383.0 72.8 8.8 259.5 41.81985 ................ 1,821.0 1,360.2 384.2 776.4 199.5 .............. .............. .............. 460.8 77.0 6.6 313.9 63.31986 ................ 2,122.7 1,564.3 410.7 896.9 241.7 .............. .............. .............. 558.4 85.6 4.1 365.9 102.81987 ................ 2,347.8 1,676.0 378.3 1,005.1 277.6 .............. .............. .............. 671.8 97.0 4.4 440.7 129.81988 ................ 2,599.9 1,802.9 398.5 1,089.6 299.9 .............. .............. .............. 797.0 106.2 6.3 536.5 148.01989 ................ 2,836.3 1,892.8 406.6 1,133.2 338.0 .............. .............. .............. 943.5 114.0 6.8 663.7 159.01990 ................ 3,210.9 2,092.8 482.5 1,218.1 377.2 .............. .............. .............. 1,118.2 122.2 36.0 779.4 180.61991 ................ 3,662.8 2,390.7 564.6 1,387.7 423.4 .............. .............. .............. 1,272.1 133.5 41.6 908.4 188.51992 ................ 4,061.8 2,677.5 634.3 1,566.3 461.8 .............. .............. .............. 1,384.3 148.3 37.0 1,011.0 188.01993 ................ 4,408.6 2,904.9 658.4 1,734.2 497.4 .............. .............. .............. 1,503.7 167.0 42.5 1,114.3 179.91994 ................ 4,689.5 3,091.6 697.3 1,867.5 511.8 .............. .............. .............. 1,597.9 176.4 42.0 1,211.7 167.81995 ................ 4,950.6 3,260.4 742.5 1,980.3 522.6 .............. .............. .............. 1,690.2 181.2 41.0 1,324.3 143.81996 ................ 5,220.8 3,418.4 761.2 2,098.7 543.5 .............. .............. .............. 1,802.4 184.1 37.5 1,454.7 126.11997 ................ 5,407.5 3,439.6 701.9 2,122.2 576.2 24.4 24.4 .............. 1,967.9 182.7 34.9 1,608.5 141.91998 ................ 5,518.7 3,331.0 637.6 2,009.1 610.4 58.8 41.9 17.0 2,187.7 180.8 35.1 1,777.3 194.41999 ................ 5,647.2 3,233.0 653.2 1,828.8 643.7 92.4 67.6 24.8 2,414.2 180.0 31.0 2,005.2 198.12000 ................ 5,622.1 2,992.8 616.2 1,611.3 635.3 115.0 81.6 33.4 2,629.3 177.7 25.4 2,242.9 183.32001 1 .............. 5,807.5 2,930.7 734.9 1,433.0 613.0 134.9 95.1 39.7 2,876.7 186.5 18.3 2,492.1 179.92002 ................ 6,228.2 3,136.7 868.3 1,521.6 593.0 138.9 93.7 45.1 3,091.5 193.3 12.5 2,707.3 178.42003 ................ 6,783.2 3,460.7 918.2 1,799.5 576.9 166.1 120.0 46.1 3,322.5 201.6 11.0 2,912.2 197.72004 ................ 7,379.1 3,846.1 961.5 2,109.6 552.0 223.0 .............. .............. 3,533.0 204.2 5.9 3,130.0 192.92005 ................ 7,932.7 4,084.9 914.3 2,328.8 520.7 307.1 .............. .............. 3,847.8 203.6 3.1 3,380.6 260.52006 ................ 8,507.0 4,303.0 911.5 2,447.2 534.7 395.6 .............. .............. 4,203.9 203.7 3.0 3,722.7 274.52007 ................ 9,007.7 4,448.1 958.1 2,458.0 561.1 456.9 .............. .............. 4,559.5 197.1 3.0 4,026.8 332.62008 ................ 10,024.7 5,236.0 1,489.8 2,624.8 582.9 524.5 .............. .............. 4,788.7 194.3 3.0 4,297.7 293.82009 ................ 11,909.8 7,009.7 1,992.5 3,773.8 679.8 551.7 .............. .............. 4,900.1 192.5 4.9 4,454.3 248.4

2008: Jan ............. 9,238.0 4,532.9 984.4 2,503.9 558.5 472.0 .............. .............. 4,705.1 195.7 5.9 4,181.7 321.8Feb ............. 9,358.1 4,661.4 1,125.4 2,478.4 571.8 471.8 .............. .............. 4,696.7 195.6 5.3 4,175.6 320.2Mar ............ 9,437.6 4,732.4 1,158.4 2,514.1 571.8 474.1 .............. .............. 4,705.2 195.4 4.9 4,183.7 321.2Apr ............. 9,377.6 4,642.6 1,025.7 2,540.7 571.8 490.3 .............. .............. 4,735.0 195.3 4.9 4,213.6 321.1May ............ 9,388.8 4,685.2 1,119.2 2,476.6 581.1 494.3 .............. .............. 4,703.6 195.2 3.3 4,190.8 314.3June ........... 9,492.0 4,696.4 1,060.5 2,543.4 581.1 497.5 .............. .............. 4,795.6 195.0 3.1 4,288.1 309.4July ............ 9,585.5 4,822.1 1,135.8 2,574.8 581.1 516.5 .............. .............. 4,763.4 194.8 3.0 4,266.0 299.6Aug ............. 9,645.8 4,901.9 1,227.2 2,556.4 582.9 521.4 .............. .............. 4,743.9 194.5 3.0 4,250.9 295.6Sept ............ 10,024.7 5,236.0 1,489.8 2,624.8 582.9 524.5 .............. .............. 4,788.7 194.3 3.0 4,297.7 293.8Oct .............. 10,574.1 5,729.4 1,909.7 2,686.6 582.9 536.2 .............. .............. 4,844.7 194.2 4.0 4,358.4 288.1Nov ............. 10,661.2 5,822.7 2,003.7 2,674.9 594.6 535.4 .............. .............. 4,838.5 194.2 4.0 4,353.7 286.6Dec ............. 10,699.8 5,797.6 1,866.7 2,792.2 594.6 530.1 .............. .............. 4,902.2 194.1 4.0 4,421.7 282.4

2009: Jan ............. 10,632.1 5,749.9 1,798.6 2,826.0 594.6 516.7 .............. .............. 4,882.2 193.8 5.0 4,406.0 277.3Feb ............. 10,877.1 6,012.4 1,985.6 2,892.0 609.4 511.5 .............. .............. 4,864.8 194.1 5.0 4,391.4 274.3Mar ............ 11,126.9 6,266.1 2,033.6 3,084.9 620.5 513.1 .............. .............. 4,860.8 194.0 6.0 4,388.7 272.2Apr ............. 11,238.6 6,363.4 1,994.5 3,204.5 620.5 529.9 .............. .............. 4,875.2 194.0 7.0 4,403.9 270.3May ............ 11,321.6 6,454.3 2,065.4 3,211.3 632.5 531.0 .............. .............. 4,867.3 193.9 6.5 4,399.4 267.6June ........... 11,545.3 6,612.1 2,006.5 3,417.7 643.7 532.3 .............. .............. 4,933.2 193.6 6.0 4,468.6 265.0July ............ 11,669.3 6,782.8 2,020.5 3,547.5 654.8 548.0 .............. .............. 4,886.5 193.3 5.5 4,431.8 256.0Aug ............. 11,812.9 6,939.2 2,068.5 3,638.6 667.8 552.4 .............. .............. 4,873.6 192.8 4.5 4,425.9 250.4Sept ............ 11,909.8 7,009.7 1,992.5 3,773.8 679.8 551.7 .............. .............. 4,900.1 192.5 4.9 4,454.3 248.4Oct .............. 11,893.1 6,947.6 1,858.5 3,818.2 691.9 567.1 .............. .............. 4,945.5 192.2 4.4 4,501.1 247.8Nov ............. 12,113.0 7,174.6 1,850.5 4,039.8 704.9 567.5 .............. .............. 4,938.5 191.8 4.4 4,497.4 244.9Dec ............. 12,311.4 7,272.5 1,793.5 4,181.1 717.9 568.1 .............. .............. 5,038.9 191.3 4.4 4,597.1 246.0

1 Data beginning with January 2001 are interest-bearing and non-interest-bearing securities; prior data are interest-bearing securities only.2 Data from 1986 to 2002 and 2005 to 2009 include Federal Financing Bank securities, not shown separately.3 Through 1996, series is U.S. savings bonds. Beginning 1997, includes U.S. retirement plan bonds, U.S. individual retirement bonds, and U.S. savings notes

previously included in “other” nonmarketable securities.4 Nonmarketable certificates of indebtedness, notes, bonds, and bills in the Treasury foreign series of dollar-denominated and foreign-currency-denominated

issues.5 Includes depository bonds; retirement plan bonds; Rural Electrification Administration bonds; State and local bonds; special issues held only by U.S.

Government agencies and trust funds and the Federal home loan banks; for the period July 2003 through February 2004, depositary compensation securities;and beginning August 2008, Hope bonds for the HOPE For Homeowners Program.

Note: Through fiscal year 1976, the fiscal year was on a July 1–June 30 basis; beginning with October 1976 (fiscal year 1977), the fiscal year is on anOctober 1–September 30 basis.

Source: Department of the Treasury.

Government Finance | 433

Table B–88. Maturity distribution and average length of marketable interest-bearing publicdebt securities held by private investors, 1970–2009

End of year or monthAmount

outstanding,privately

held

Maturity classAverage length 1

Within1 year

1 to 5years

5 to 10years

10 to 20years

20 yearsand over

Millions of dollars Years Months

Fiscal year:1970 ...................................... 157,910 76,443 57,035 8,286 7,876 8,272 3 81971 ...................................... 161,863 74,803 58,557 14,503 6,357 7,645 3 61972 ...................................... 165,978 79,509 57,157 16,033 6,358 6,922 3 31973 ...................................... 167,869 84,041 54,139 16,385 8,741 4,564 3 11974 ...................................... 164,862 87,150 50,103 14,197 9,930 3,481 2 111975 ...................................... 210,382 115,677 65,852 15,385 8,857 4,611 2 81976 ...................................... 279,782 150,296 90,578 24,169 8,087 6,652 2 71977 ...................................... 326,674 161,329 113,319 33,067 8,428 10,531 2 111978 ...................................... 356,501 163,819 132,993 33,500 11,383 14,805 3 31979 ...................................... 380,530 181,883 127,574 32,279 18,489 20,304 3 71980 ...................................... 463,717 220,084 156,244 38,809 25,901 22,679 3 91981 ...................................... 549,863 256,187 182,237 48,743 32,569 30,127 4 01982 ...................................... 682,043 314,436 221,783 75,749 33,017 37,058 3 111983 ...................................... 862,631 379,579 294,955 99,174 40,826 48,097 4 11984 ...................................... 1,017,488 437,941 332,808 130,417 49,664 66,658 4 61985 ...................................... 1,185,675 472,661 402,766 159,383 62,853 88,012 4 111986 ...................................... 1,354,275 506,903 467,348 189,995 70,664 119,365 5 31987 ...................................... 1,445,366 483,582 526,746 209,160 72,862 153,016 5 91988 ...................................... 1,555,208 524,201 552,993 232,453 74,186 171,375 5 91989 ...................................... 1,654,660 546,751 578,333 247,428 80,616 201,532 6 01990 ...................................... 1,841,903 626,297 630,144 267,573 82,713 235,176 6 11991 ...................................... 2,113,799 713,778 761,243 280,574 84,900 273,304 6 01992 ...................................... 2,363,802 808,705 866,329 295,921 84,706 308,141 5 111993 ...................................... 2,562,336 858,135 978,714 306,663 94,345 324,479 5 101994 ...................................... 2,719,861 877,932 1,128,322 289,998 88,208 335,401 5 81995 ...................................... 2,870,781 1,002,875 1,157,492 290,111 87,297 333,006 5 41996 ...................................... 3,011,185 1,058,558 1,212,258 306,643 111,360 322,366 5 31997 ...................................... 2,998,846 1,017,913 1,206,993 321,622 154,205 298,113 5 51998 ...................................... 2,856,637 940,572 1,105,175 319,331 157,347 334,212 5 101999 ...................................... 2,728,011 915,145 962,644 378,163 149,703 322,356 6 02000 ...................................... 2,469,152 858,903 791,540 355,382 167,082 296,246 6 22001 ...................................... 2,328,302 900,178 650,522 329,247 174,653 273,702 6 12002 ...................................... 2,492,821 939,986 802,032 311,176 203,816 235,811 5 62003 ...................................... 2,804,092 1,057,049 955,239 351,552 243,755 196,497 5 12004 ...................................... 3,145,244 1,127,850 1,150,979 414,728 243,036 208,652 4 112005 ...................................... 3,334,411 1,100,783 1,279,646 499,386 281,229 173,367 4 102006 ...................................... 3,496,359 1,140,553 1,295,589 589,748 290,733 179,736 4 112007 ...................................... 3,634,666 1,176,510 1,309,871 677,905 291,963 178,417 4 102008 ...................................... 4,745,256 2,042,003 1,468,455 719,347 352,430 163,022 4 12009 ...................................... 6,228,565 2,604,676 2,074,723 994,689 350,550 203,928 4 1

2008: Jan ................................... 3,805,408 1,315,046 1,295,456 710,580 319,185 165,140 4 9Feb ................................... 3,933,939 1,454,105 1,294,886 691,672 319,156 174,120 4 8Mar .................................. 4,127,033 1,607,155 1,323,534 702,527 319,481 174,336 4 5Apr ................................... 4,079,776 1,509,658 1,366,837 709,124 338,330 155,827 4 6May .................................. 4,162,323 1,618,739 1,329,756 718,171 333,602 162,056 4 6June ................................. 4,203,441 1,580,568 1,396,177 730,327 334,145 162,224 4 6July .................................. 4,328,809 1,668,784 1,439,791 716,694 341,086 162,453 4 5Aug ................................... 4,386,440 1,774,790 1,390,479 706,395 351,906 162,870 4 5Sept .................................. 4,745,256 2,042,003 1,468,455 719,347 352,430 163,022 4 1Oct .................................... 5,238,827 2,462,352 1,496,698 764,782 352,076 162,919 3 10Nov ................................... 5,312,125 2,540,826 1,490,667 761,948 355,148 163,536 3 10Dec ................................... 5,307,633 2,406,537 1,607,484 776,147 354,202 163,262 3 10

2009: Jan ................................... 5,240,470 2,336,988 1,606,792 773,548 360,402 162,741 3 11Feb ................................... 5,505,532 2,543,867 1,659,368 776,956 358,570 166,771 3 11Mar .................................. 5,759,709 2,601,162 1,790,274 833,981 357,716 176,575 3 11Apr ................................... 5,800,248 2,601,043 1,792,321 875,653 376,004 155,227 3 11May .................................. 5,815,094 2,660,151 1,762,962 856,289 367,080 168,611 3 11June ................................. 5,943,636 2,611,596 1,891,559 900,239 361,806 178,436 3 11July .................................. 6,065,512 2,636,005 1,964,000 916,972 360,698 187,837 4 0Aug ................................... 6,179,984 2,669,428 2,014,501 951,363 352,756 191,935 4 0Sept .................................. 6,228,565 2,604,676 2,074,723 994,689 350,550 203,928 4 1Oct .................................... 6,138,150 2,481,258 2,073,374 1,019,112 349,067 215,339 4 3Nov ................................... 6,386,026 2,462,190 2,259,073 1,084,264 349,156 231,343 4 3Dec ................................... 6,483,901 2,415,461 2,337,392 1,137,420 349,280 244,348 4 4

1 Treasury inflation-protected securities—notes, first offered in 1997, and bonds, first offered in 1998—are included in the average length calculation from1997 forward.

Note: Through fiscal year 1976, the fiscal year was on a July 1–June 30 basis; beginning with October 1976 (fiscal year 1977), the fiscal year is on anOctober 1–September 30 basis.

Data shown in this table are as of January 14, 2010.Source: Department of the Treasury.

434 | Appendix B

Table B–89. Estimated ownership of U.S. Treasury securities, 2000–2009[Billions of dollars]

End of monthTotalpublicdebt 1

FederalReserve

andIntragov-ernmen-

talhold-ings 2

Held by private investors

Totalprivately

held

De-positoryinstitu-tions 3

U.S.savingsbonds 4

Pension fundsInsur-ance

compa-nies

Mutualfunds 6

Stateandlocal

govern-ments

Foreignand

inter-national 7

Otherinves-tors 8Private 5

Stateandlocal

govern-ments

2000: Mar .................. 5,773.4 2,590.6 3,182.8 237.7 185.3 150.2 196.9 120.0 222.3 306.3 1,085.0 679.1June ................. 5,685.9 2,698.6 2,987.3 222.2 184.6 149.0 194.9 116.5 205.4 309.3 1,060.7 544.8Sept .................. 5,674.2 2,737.9 2,936.3 220.5 184.3 147.9 185.5 113.7 207.8 307.9 1,038.8 529.9Dec ................... 5,662.2 2,781.8 2,880.4 201.5 184.8 145.0 179.1 110.2 225.7 310.0 1,015.2 509.0

2001: Mar .................. 5,773.7 2,880.9 2,892.8 188.0 184.8 153.4 177.3 109.1 225.3 316.9 1,012.5 525.5June ................. 5,726.8 3,004.2 2,722.6 188.1 185.5 148.5 183.1 108.1 221.0 324.8 983.3 380.3Sept .................. 5,807.5 3,027.8 2,779.7 189.1 186.4 149.9 166.8 106.8 234.1 321.2 992.2 433.1Dec ................... 5,943.4 3,123.9 2,819.5 181.5 190.3 145.8 155.1 105.7 261.9 328.4 1,040.1 410.7

2002: Mar .................. 6,006.0 3,156.8 2,849.2 187.6 191.9 152.7 163.3 114.0 266.1 327.6 1,057.2 388.8June ................. 6,126.5 3,276.7 2,849.8 204.7 192.7 152.1 153.9 122.0 253.8 333.6 1,123.1 313.8Sept .................. 6,228.2 3,303.5 2,924.8 209.3 193.3 154.5 156.3 130.4 256.8 338.6 1,188.6 297.0Dec ................... 6,405.7 3,387.2 3,018.5 222.6 194.9 153.8 158.9 139.7 281.0 354.7 1,235.6 277.4

2003: Mar .................. 6,460.8 3,390.8 3,069.9 153.4 196.9 165.8 162.1 139.5 296.6 350.0 1,275.2 330.4June ................. 6,670.1 3,505.4 3,164.7 145.1 199.1 170.2 161.3 138.7 302.3 347.9 1,371.9 328.2Sept .................. 6,783.2 3,515.3 3,268.0 146.8 201.5 167.7 155.5 137.4 287.1 357.7 1,443.3 371.1Dec ................... 6,998.0 3,620.1 3,377.9 153.1 203.8 172.1 148.6 136.5 280.8 364.2 1,523.1 395.6

2004: Mar .................. 7,131.1 3,628.3 3,502.8 162.8 204.4 169.8 143.6 141.0 280.8 374.1 1,670.0 356.3June ................. 7,274.3 3,742.8 3,531.5 158.6 204.6 173.3 134.9 144.1 258.7 381.2 1,735.4 340.6Sept .................. 7,379.1 3,772.0 3,607.0 138.5 204.1 174.0 140.8 147.4 255.0 381.7 1,794.5 371.0Dec ................... 7,596.1 3,905.6 3,690.6 125.0 204.4 173.7 151.0 149.7 254.1 389.1 1,849.3 394.3

2005: Mar .................. 7,776.9 3,921.6 3,855.4 141.8 204.2 177.3 158.0 152.4 261.1 412.0 1,952.2 396.4June ................. 7,836.5 4,033.5 3,803.0 126.9 204.2 181.0 171.3 155.0 248.7 444.0 1,877.5 394.5Sept .................. 7,932.7 4,067.8 3,864.9 125.3 203.6 184.2 164.8 159.0 244.7 467.6 1,929.6 386.0Dec ................... 8,170.4 4,199.8 3,970.6 117.1 205.1 184.9 153.8 160.4 251.3 481.4 2,033.9 382.6

2006: Mar .................. 8,371.2 4,257.2 4,114.0 115.3 205.9 186.7 153.0 161.3 248.7 486.1 2,082.1 475.0June ................. 8,420.0 4,389.2 4,030.8 117.1 205.2 192.1 150.9 161.2 244.2 499.4 1,977.8 482.8Sept .................. 8,507.0 4,432.8 4,074.2 113.5 203.6 201.9 155.6 160.6 235.7 502.1 2,025.3 475.8Dec ................... 8,680.2 4,558.1 4,122.1 114.8 202.4 207.5 157.1 159.0 250.7 516.9 2,103.1 410.6

2007: Mar .................. 8,849.7 4,576.6 4,273.1 119.7 200.3 221.7 159.2 150.8 264.5 535.0 2,194.8 427.1June ................. 8,867.7 4,715.1 4,152.6 110.4 198.6 232.5 160.2 142.1 267.7 580.3 2,192.0 268.7Sept .................. 9,007.7 4,738.0 4,269.7 119.6 197.1 246.7 165.6 133.4 306.3 541.4 2,235.3 324.1Dec ................... 9,229.2 4,833.5 4,395.7 129.7 196.4 257.6 168.8 123.3 362.9 531.5 2,353.2 272.2

2008: Mar .................. 9,437.6 4,694.7 4,742.9 125.3 195.3 270.5 169.4 129.4 484.4 521.6 2,505.8 341.2June ................. 9,492.0 4,685.8 4,806.2 112.7 194.9 276.7 169.1 135.5 477.2 513.4 2,587.2 339.4Sept .................. 10,024.7 4,692.7 5,332.0 130.0 194.2 292.5 171.6 140.6 656.1 499.3 2,799.5 448.3Dec ................... 10,699.8 4,806.4 5,893.4 105.0 194.0 297.2 174.6 160.5 768.8 483.1 3,075.9 634.4

2009: Mar .................. 11,126.9 4,785.2 6,341.7 129.1 193.9 305.9 173.2 179.7 716.0 477.9 3,264.6 901.4June ................. 11,545.3 5,026.8 6,518.5 140.8 193.5 312.4 172.7 189.7 695.0 488.4 3,382.1 943.8Sept .................. 11,909.8 5,127.1 6,782.7 199.0 192.4 324.5 176.7 196.3 643.0 502.5 3,497.4 1,050.9Dec ................... 12,311.4 5,276.9 7,034.5 ............... 191.3 ............... ............... ............... ............... ............... ............... ................

1 Face value.2 Federal Reserve holdings exclude Treasury securities held under repurchase agreements.3 Includes commercial banks, savings institutions, and credit unions.4 Current accrual value.5 Includes Treasury securities held by the Federal Employees Retirement System Thrift Savings Plan “G Fund.”6 Includes money market mutual funds, mutual funds, and closed-end investment companies.7 Includes nonmarketable foreign series, Treasury securities, and Treasury deposit funds. Excludes Treasury securities held under repurchase agreements

in custody accounts at the Federal Reserve Bank of New York. Estimates reflect benchmarks to this series at differing intervals; for further detail, see TreasuryBulletin and http://www.treas.gov/tic/ticsec2.shtml

8 Includes individuals, Government-sponsored enterprises, brokers and dealers, bank personal trusts and estates, corporate and noncorporate businesses,and other investors.

Note: Data shown in this table are as of January 25, 2010.Source: Department of the Treasury.

Corporate Profits and Finance | 435

Table B–90. Corporate profits with inventory valuation and capital consumptionadjustments, 1960–2009

[Billions of dollars; quarterly data at seasonally adjusted annual rates]

Year or quarter

Corporate profitswith inventoryvaluation and

capital consumptionadjustments

Taxeson

corporateincome

Corporate profits after tax with inventory valuationand capital consumption adjustments

Total Net dividends

Undistributed profitswith inventoryvaluation and

capital consumptionadjustments

1960 ................................................. 53.1 22.8 30.3 13.4 16.91961 ................................................. 54.2 22.9 31.3 13.9 17.41962 ................................................. 62.3 24.1 38.3 15.0 23.21963 ................................................. 68.3 26.4 42.0 16.2 25.71964 ................................................. 75.5 28.2 47.4 18.2 29.21965 ................................................. 86.5 31.1 55.5 20.2 35.31966 ................................................. 92.5 33.9 58.7 20.7 38.01967 ................................................. 90.2 32.9 57.3 21.5 35.81968 ................................................. 97.3 39.6 57.6 23.5 34.11969 ................................................. 94.5 40.0 54.5 24.2 30.31970 ................................................. 82.5 34.8 47.7 24.3 23.41971 ................................................. 96.1 38.2 57.9 25.0 32.91972 ................................................. 111.4 42.3 69.1 26.8 42.21973 ................................................. 124.5 50.0 74.5 29.9 44.61974 ................................................. 115.1 52.8 62.3 33.2 29.11975 ................................................. 133.3 51.6 81.7 33.0 48.71976 ................................................. 161.6 65.3 96.3 39.0 57.31977 ................................................. 191.8 74.4 117.4 44.8 72.61978 ................................................. 218.4 84.9 133.6 50.8 82.81979 ................................................. 225.4 90.0 135.3 57.5 77.81980 ................................................. 201.4 87.2 114.2 64.1 50.21981 ................................................. 223.3 84.3 138.9 73.8 65.21982 ................................................. 205.7 66.5 139.2 77.7 61.51983 ................................................. 259.8 80.6 179.2 83.5 95.71984 ................................................. 318.6 97.5 221.1 90.8 130.31985 ................................................. 332.5 99.4 233.1 97.6 135.61986 ................................................. 314.1 109.7 204.5 106.2 98.31987 ................................................. 367.8 130.4 237.4 112.3 125.11988 ................................................. 426.6 141.6 285.0 129.9 155.11989 ................................................. 425.6 146.1 279.5 158.0 121.51990 ................................................. 434.4 145.4 289.0 169.1 120.01991 ................................................. 457.3 138.6 318.7 180.7 138.01992 ................................................. 496.2 148.7 347.5 188.0 159.51993 ................................................. 543.7 171.0 372.7 202.9 169.71994 ................................................. 628.2 193.1 435.1 235.7 199.41995 ................................................. 716.2 217.8 498.3 254.4 243.91996 ................................................. 801.5 231.5 570.0 297.7 272.31997 ................................................. 884.8 245.4 639.4 331.2 308.21998 ................................................. 812.4 248.4 564.1 351.5 212.61999 ................................................. 856.3 258.8 597.5 337.4 260.12000 ................................................. 819.2 265.1 554.1 377.9 176.32001 ................................................. 784.2 203.3 580.9 370.9 210.02002 ................................................. 872.2 192.3 679.9 399.3 280.62003 ................................................. 977.8 243.8 734.0 424.9 309.22004 ................................................. 1,246.9 306.1 940.8 550.3 390.52005 ................................................. 1,456.1 412.4 1,043.7 557.3 486.42006 ................................................. 1,608.3 473.3 1,135.0 704.8 430.32007 ................................................. 1,541.7 451.5 1,090.2 767.8 322.42008 ................................................. 1,360.4 292.2 1,068.2 689.9 378.32009 p ............................................... ..................................... ..................................... ..................................... 576.1 .......................................2006: I ............................................. 1,590.9 460.7 1,130.2 646.4 483.9

II ............................................ 1,597.7 475.1 1,122.6 691.1 431.5III ........................................... 1,655.1 496.6 1,158.5 727.1 431.4IV ........................................... 1,589.6 460.7 1,128.8 754.5 374.3

2007: I ............................................. 1,535.4 469.5 1,065.9 772.6 293.3II ............................................ 1,594.9 466.5 1,128.4 778.1 350.3III ........................................... 1,537.1 440.0 1,097.1 770.6 326.5IV ........................................... 1,499.4 430.1 1,069.3 749.9 319.4

2008: I ............................................. 1,459.7 323.2 1,136.4 719.4 417.1II ............................................ 1,403.7 317.5 1,086.3 693.7 392.6III ........................................... 1,454.6 304.8 1,149.8 676.6 473.2IV ........................................... 1,123.6 223.3 900.4 669.9 230.5

2009: I ............................................. 1,182.7 270.3 912.4 618.1 294.2II ............................................ 1,226.5 305.9 920.6 556.0 364.5III ........................................... 1,358.9 321.0 1,037.9 549.9 488.0IV p ........................................ ..................................... ..................................... ..................................... 580.5 .......................................

Source: Department of Commerce (Bureau of Economic Analysis).

Corporate Profits and Finance

436 | Appendix B

Table B–91. Corporate profits by industry, 1960–2009[Billions of dollars; quarterly data at seasonally adjusted annual rates]

Year or quarter

Corporate profits with inventory valuation adjustment and without capital consumption adjustment

Total

Domestic industries

Restof

theworldTotal

Financial Nonfinancial

TotalFederalReservebanks

Other TotalManu-factur-ing 1

Trans-porta-tion 2

UtilitiesWhole-

saletrade

Retailtrade

Infor-mation Other

SIC: 31960 ...................... 51.5 48.3 8.4 0.9 7.5 39.9 23.8 7.5 ............. 2.5 2.8 ............. 3.3 3.11961 ...................... 51.8 48.5 8.3 .8 7.6 40.2 23.4 7.9 ............. 2.5 3.0 ............. 3.4 3.31962 ...................... 57.0 53.3 8.6 .9 7.7 44.7 26.3 8.5 ............. 2.8 3.4 ............. 3.6 3.81963 ...................... 62.1 58.1 8.3 1.0 7.3 49.8 29.7 9.5 ............. 2.8 3.6 ............. 4.1 4.11964 ...................... 68.6 64.1 8.8 1.1 7.6 55.4 32.6 10.2 ............. 3.4 4.5 ............. 4.7 4.51965 ...................... 78.9 74.2 9.3 1.3 8.0 64.9 39.8 11.0 ............. 3.8 4.9 ............. 5.4 4.71966 ...................... 84.6 80.1 10.7 1.7 9.1 69.3 42.6 12.0 ............. 4.0 4.9 ............. 5.9 4.51967 ...................... 82.0 77.2 11.2 2.0 9.2 66.0 39.2 10.9 ............. 4.1 5.7 ............. 6.1 4.81968 ...................... 88.8 83.2 12.8 2.5 10.3 70.4 41.9 11.0 ............. 4.6 6.4 ............. 6.6 5.61969 ...................... 85.5 78.9 13.6 3.1 10.5 65.3 37.3 10.7 ............. 4.9 6.4 ............. 6.1 6.61970 ...................... 74.4 67.3 15.4 3.5 11.9 52.0 27.5 8.3 ............. 4.4 6.0 ............. 5.8 7.11971 ...................... 88.3 80.4 17.6 3.3 14.3 62.8 35.1 8.9 ............. 5.2 7.2 ............. 6.4 7.91972 ...................... 101.6 92.1 19.2 3.3 15.8 72.9 42.2 9.5 ............. 6.9 7.4 ............. 7.0 9.51973 ...................... 115.4 100.5 20.5 4.5 16.1 80.0 47.2 9.1 ............. 8.2 6.7 ............. 8.8 14.91974 ...................... 109.6 92.1 20.2 5.7 14.5 71.9 41.4 7.6 ............. 11.5 2.3 ............. 9.1 17.51975 ...................... 135.0 120.4 20.2 5.6 14.6 100.2 55.2 11.0 ............. 13.8 8.2 ............. 12.0 14.61976 ...................... 165.6 149.1 25.0 5.9 19.1 124.1 71.4 15.3 ............. 12.9 10.5 ............. 14.0 16.51977 ...................... 194.8 175.7 31.9 6.1 25.8 143.8 79.4 18.6 ............. 15.6 12.4 ............. 17.8 19.11978 ...................... 222.4 199.6 39.5 7.6 31.9 160.0 90.5 21.8 ............. 15.6 12.3 ............. 19.8 22.91979 ...................... 232.0 197.4 40.4 9.4 30.9 157.0 89.8 17.0 ............. 18.8 9.9 ............. 21.6 34.61980 ...................... 211.4 175.9 34.0 11.8 22.2 142.0 78.3 18.4 ............. 17.2 6.2 ............. 21.8 35.51981 ...................... 219.1 189.4 29.1 14.4 14.7 160.3 91.1 20.3 ............. 22.4 9.9 ............. 16.7 29.71982 ...................... 191.1 158.5 26.0 15.2 10.8 132.5 67.1 23.1 ............. 19.6 13.5 ............. 9.3 32.61983 ...................... 226.6 191.5 35.5 14.6 21.0 156.0 76.2 29.5 ............. 21.0 18.8 ............. 10.4 35.11984 ...................... 264.6 228.1 34.4 16.4 18.0 193.7 91.8 40.1 ............. 29.5 21.1 ............. 11.1 36.61985 ...................... 257.5 219.4 45.9 16.3 29.5 173.5 84.3 33.8 ............. 23.9 22.2 ............. 9.2 38.11986 ...................... 253.0 213.5 56.8 15.5 41.2 156.8 57.9 35.8 ............. 24.1 23.5 ............. 15.5 39.51987 ...................... 306.9 258.8 61.6 16.2 45.3 197.3 87.5 42.4 ............. 19.0 24.0 ............. 24.4 48.01988 ...................... 367.7 310.8 68.8 18.1 50.7 242.0 122.5 48.9 ............. 20.4 21.0 ............. 29.3 57.01989 ...................... 374.1 307.0 80.2 20.6 59.5 226.8 112.1 43.8 ............. 22.1 22.1 ............. 26.7 67.11990 ...................... 398.8 322.7 92.3 21.8 70.5 230.4 114.4 44.7 ............. 19.6 21.6 ............. 30.1 76.11991 ...................... 430.3 353.8 122.1 20.7 101.4 231.7 99.4 53.8 ............. 22.2 27.7 ............. 28.7 76.51992 ...................... 471.6 398.5 142.7 18.3 124.4 255.8 100.8 59.2 ............. 25.5 29.2 ............. 41.1 73.11993 ...................... 515.0 438.1 133.4 16.7 116.7 304.7 116.8 70.2 ............. 26.7 40.6 ............. 50.4 76.91994 ...................... 586.6 508.6 129.2 18.5 110.7 379.5 150.1 85.2 ............. 31.8 47.2 ............. 65.2 78.01995 ...................... 666.0 573.1 160.1 22.9 137.2 413.0 176.7 87.9 ............. 28.0 44.8 ............. 75.5 92.91996 ...................... 743.8 641.8 167.5 22.5 144.9 474.4 192.0 93.7 ............. 40.6 53.7 ............. 94.5 102.01997 ...................... 815.9 708.3 187.4 24.3 163.2 520.9 212.2 86.5 ............. 48.2 65.9 ............. 108.1 107.61998 ...................... 738.6 635.9 159.6 25.6 134.0 476.2 173.4 81.1 ............. 51.7 74.7 ............. 95.5 102.81999 ...................... 776.6 655.0 190.4 26.7 163.8 464.6 174.6 59.1 ............. 51.7 75.6 ............. 103.6 121.52000 ...................... 755.7 610.0 194.4 31.2 163.2 415.7 166.5 45.8 ............. 55.6 71.4 ............. 76.4 145.6NAICS: 31998 ...................... 738.6 635.9 159.5 25.6 133.9 476.4 155.8 21.3 33.5 52.8 67.3 21.9 123.7 102.81999 ...................... 776.6 655.0 189.3 26.7 162.6 465.7 148.8 16.5 33.7 54.8 65.7 12.5 133.6 121.52000 ...................... 755.7 610.0 189.6 31.2 158.4 420.4 143.9 15.2 25.6 58.7 60.7 –15.5 131.8 145.62001 ...................... 720.8 551.1 228.0 28.9 199.1 323.1 49.7 1.2 25.2 51.3 72.6 –24.4 147.4 169.72002 ...................... 762.8 604.9 265.2 23.5 241.7 339.7 47.7 –.1 12.3 49.1 81.6 –3.8 153.0 157.92003 ...................... 892.2 726.4 311.8 20.1 291.8 414.6 69.4 7.4 12.4 54.8 88.9 4.9 176.7 165.82004 ...................... 1,195.1 990.1 362.3 20.0 342.3 627.8 154.1 14.4 19.4 75.6 93.4 45.6 225.2 205.02005 ...................... 1,609.5 1,370.0 443.6 26.6 417.0 926.4 247.2 29.0 29.8 92.2 122.6 81.3 324.3 239.42006 ...................... 1,784.7 1,527.8 448.0 33.8 414.1 1,079.9 304.5 42.1 54.4 103.7 133.2 92.4 349.6 256.82007 ...................... 1,730.4 1,382.6 367.8 37.7 330.1 1,014.9 278.6 30.0 49.1 102.2 121.6 90.3 343.0 347.82008 ...................... 1,424.5 1,047.3 278.9 35.7 243.2 768.4 175.5 11.4 40.1 75.1 78.2 84.7 303.4 377.22007: I .................. 1,705.4 1,423.2 384.2 38.2 346.0 1,039.0 288.9 32.9 51.3 107.9 127.9 90.5 339.6 282.2

II ................. 1,779.1 1,467.9 406.2 38.5 367.7 1,061.7 316.0 33.0 46.6 117.0 137.2 77.5 334.4 311.2III ................ 1,732.9 1,362.4 378.2 37.5 340.6 984.2 244.0 30.9 47.3 107.9 118.7 93.9 341.5 370.5IV ................ 1,704.1 1,277.0 302.5 36.5 266.0 974.5 265.7 23.4 51.2 76.0 102.4 99.4 356.4 427.1

2008: I .................. 1,512.9 1,100.6 357.0 35.9 321.1 743.6 187.6 12.9 33.1 46.6 75.6 91.6 296.3 412.3II ................. 1,463.8 1,096.8 330.8 31.1 299.7 766.0 160.1 11.9 43.1 56.6 80.2 101.8 312.1 367.0III ................ 1,522.2 1,125.0 297.5 34.6 262.9 827.5 205.7 9.2 43.5 85.8 77.1 81.9 324.4 397.2IV ................ 1,199.3 866.9 130.3 41.1 89.2 736.6 148.6 11.5 40.8 111.5 79.7 63.6 280.8 332.4

2009: I .................. 1,327.6 1,011.9 253.9 28.8 225.1 758.0 121.6 6.7 53.6 94.0 83.1 95.4 303.6 315.8II ................. 1,355.1 1,053.9 280.7 46.1 234.6 773.3 132.3 1.3 53.4 87.5 95.1 99.4 304.2 301.2III ................ 1,477.8 1,154.6 362.4 57.6 304.8 792.2 129.7 4.8 61.5 80.6 98.8 107.0 309.9 323.2

1 See Table B–92 for industry detail.2 Data on Standard Industrial Classification (SIC) basis include transportation and public utilities. Those on North American Industry Classification System

(NAICS) basis include transporation and warehousing. Utilities classified separately in NAICS (as shown beginning 1998).3 SIC-based industry data use the 1987 SIC for data beginning in 1987 and the 1972 SIC for prior data. NAICS-based data use 2002 NAICS.Note: Industry data on SIC basis and NAICS basis are not necessarily the same and are not strictly comparable.Source: Department of Commerce (Bureau of Economic Analysis).

Corporate Profits and Finance | 437

Table B–92. Corporate profits of manufacturing industries, 1960–2009[Billions of dollars; quarterly data at seasonally adjusted annual rates]

Year or quarter

Corporate profits with inventory valuation adjustment and without capital consumption adjustment

Totalmanu-factur-

ing

Durable goods 2 Nondurable goods 2

Total 1Fabri-catedmetal

products

Ma-chinery

Compu-terand

elec-tronic

products

Elec-tricalequip-ment,appli-ances,

andcompo-nents

Motorvehi-cles,

bodiesand

trailers,and

parts

Other Total

Foodand

bever-ageand

tobaccoproducts

Chem-ical

products

Petro-leumandcoal

products

Other

SIC: 31960 ............... 23.8 11.6 0.8 1.8 .............. 1.3 3.0 2.7 12.2 2.2 3.1 2.6 4.21961 ............... 23.4 11.3 1.0 1.9 .............. 1.3 2.5 2.9 12.1 2.4 3.3 2.3 4.21962 ............... 26.3 14.1 1.2 2.4 .............. 1.5 4.0 3.4 12.3 2.4 3.2 2.2 4.41963 ............... 29.7 16.4 1.3 2.6 .............. 1.6 4.9 4.0 13.3 2.7 3.7 2.2 4.71964 ............... 32.6 18.1 1.5 3.3 .............. 1.7 4.6 4.4 14.5 2.7 4.1 2.4 5.31965 ............... 39.8 23.3 2.1 4.0 .............. 2.7 6.2 5.2 16.5 2.9 4.6 2.9 6.11966 ............... 42.6 24.1 2.4 4.6 .............. 3.0 5.2 5.2 18.6 3.3 4.9 3.4 6.91967 ............... 39.2 21.3 2.5 4.2 .............. 3.0 4.0 4.9 18.0 3.3 4.3 4.0 6.41968 ............... 41.9 22.5 2.3 4.2 .............. 2.9 5.5 5.6 19.4 3.2 5.3 3.8 7.11969 ............... 37.3 19.2 2.0 3.8 .............. 2.3 4.8 4.9 18.1 3.1 4.6 3.4 7.01970 ............... 27.5 10.5 1.1 3.1 .............. 1.3 1.3 2.9 17.0 3.2 3.9 3.7 6.11971 ............... 35.1 16.6 1.5 3.1 .............. 2.0 5.2 4.1 18.5 3.6 4.5 3.8 6.61972 ............... 42.2 22.9 2.2 4.6 .............. 2.9 6.0 5.6 19.3 3.0 5.3 3.4 7.71973 ............... 47.2 25.2 2.7 4.9 .............. 3.2 5.9 6.2 22.1 2.5 6.2 5.4 7.91974 ............... 41.4 15.3 1.8 3.3 .............. .6 .7 4.0 26.1 2.6 5.3 10.9 7.31975 ............... 55.2 20.6 3.3 5.1 .............. 2.6 2.3 4.7 34.5 8.6 6.4 10.1 9.51976 ............... 71.4 31.4 3.9 6.9 .............. 3.8 7.4 7.3 39.9 7.1 8.2 13.5 11.11977 ............... 79.4 38.0 4.5 8.6 .............. 5.9 9.4 8.5 41.4 6.9 7.8 13.1 13.61978 ............... 90.5 45.4 5.0 10.7 .............. 6.7 9.0 10.5 45.1 6.2 8.3 15.8 14.81979 ............... 89.8 37.2 5.3 9.5 .............. 5.6 4.7 8.5 52.6 5.8 7.2 24.8 14.71980 ............... 78.3 18.9 4.4 8.0 .............. 5.2 –4.3 2.7 59.5 6.1 5.7 34.7 13.11981 ............... 91.1 19.5 4.5 9.0 .............. 5.2 .3 –2.6 71.6 9.2 8.0 40.0 14.51982 ............... 67.1 5.0 2.7 3.1 .............. 1.7 .0 2.1 62.1 7.3 5.1 34.7 15.01983 ............... 76.2 19.5 3.1 4.0 .............. 3.5 5.3 8.4 56.7 6.3 7.4 23.9 19.11984 ............... 91.8 39.3 4.7 6.0 .............. 5.1 9.2 14.6 52.6 6.8 8.2 17.6 20.11985 ............... 84.3 29.7 4.9 5.7 .............. 2.6 7.4 10.1 54.6 8.8 6.6 18.7 20.51986 ............... 57.9 26.3 5.2 .8 .............. 2.7 4.6 12.1 31.7 7.5 7.5 –4.7 21.31987 ............... 87.5 41.3 5.5 5.6 .............. 6.1 3.8 17.7 46.2 11.2 14.6 –1.4 21.91988 ............... 122.5 54.8 6.6 11.3 .............. 7.8 6.3 16.7 67.7 9.7 18.8 12.9 26.41989 ............... 112.1 51.8 6.4 12.4 .............. 9.5 2.8 14.3 60.3 11.2 18.3 6.6 24.21990 ............... 114.4 44.5 6.1 12.0 .............. 8.7 –1.8 16.1 69.9 14.4 17.0 16.5 22.01991 ............... 99.4 35.1 5.3 5.8 .............. 10.2 –5.3 17.5 64.3 18.3 16.3 7.4 22.31992 ............... 100.8 41.2 6.3 7.6 .............. 10.6 –.9 17.6 59.6 18.4 16.1 –.8 25.91993 ............... 116.8 56.5 7.4 7.6 .............. 15.4 6.1 19.6 60.4 16.5 16.0 2.8 25.01994 ............... 150.1 75.8 11.2 9.3 .............. 23.2 8.0 21.7 74.3 20.4 23.6 1.5 28.91995 ............... 176.7 82.3 11.9 14.9 .............. 22.0 .2 26.1 94.4 27.6 28.2 7.4 31.21996 ............... 192.0 92.0 14.6 17.0 .............. 20.7 4.5 29.5 99.9 22.7 26.6 15.3 35.31997 ............... 212.2 104.8 17.1 16.9 .............. 26.0 5.2 33.3 107.4 25.2 32.4 17.6 32.31998 ............... 173.4 86.7 16.1 19.6 .............. 9.1 5.9 29.8 86.6 22.0 26.2 7.1 31.41999 ............... 174.6 77.9 16.1 12.0 .............. 5.3 7.5 34.8 96.6 28.1 24.8 4.6 39.22000 ............... 166.5 64.6 15.5 16.2 .............. 5.1 –1.4 28.1 101.9 26.0 15.3 29.7 30.9NAICS: 31998 ............... 155.8 82.7 16.4 15.3 4.2 6.2 6.4 34.2 73.1 22.1 25.0 5.3 20.71999 ............... 148.8 71.2 16.4 11.7 –6.8 6.4 7.7 35.9 77.6 30.9 22.8 2.2 21.72000 ............... 143.9 60.0 15.8 7.7 4.2 5.9 –.7 27.1 83.9 26.0 13.8 27.6 16.52001 ............... 49.7 –26.9 9.8 2.0 –48.6 1.9 –8.9 16.8 76.6 28.2 11.6 29.7 7.12002 ............... 47.7 –7.7 9.1 1.4 –34.4 .0 –4.5 20.7 55.4 25.3 17.8 1.3 11.02003 ............... 69.4 –4.3 8.0 1.0 –14.7 2.2 –11.7 10.8 73.8 24.0 18.9 23.5 7.42004 ............... 154.1 40.7 12.2 7.1 –4.3 .6 –6.8 31.9 113.4 24.3 24.7 49.1 15.32005 ............... 247.2 95.6 18.1 14.5 9.0 –1.4 1.1 54.2 151.7 27.3 25.7 79.4 19.32006 ............... 304.5 118.9 18.7 19.2 17.4 11.5 –6.8 58.9 185.7 32.5 52.5 76.6 24.02007 ............... 278.6 96.1 21.3 19.8 11.2 –1.1 –16.4 61.3 182.6 30.2 51.9 77.8 22.72008 ............... 175.5 30.7 17.6 16.1 4.7 –4.1 –47.5 43.9 144.9 33.7 31.3 66.5 13.32007: I ........... 288.9 105.9 19.1 20.0 17.0 3.5 –15.1 61.4 183.0 28.2 52.4 78.0 24.3

II .......... 316.0 100.6 20.6 21.0 10.5 –2.1 –8.7 59.3 215.4 33.5 50.2 110.9 20.8III ......... 244.0 84.9 22.5 19.3 11.6 –4.5 –24.9 60.9 159.1 29.3 42.6 64.8 22.5IV ......... 265.7 92.8 23.0 19.0 5.5 –1.4 –17.0 63.7 172.9 29.8 62.4 57.5 23.2

2008: I ........... 187.6 61.0 18.5 17.1 14.5 –3.6 –35.3 49.8 126.6 29.2 16.4 64.5 16.6II .......... 160.1 19.7 14.9 13.1 2.0 –2.0 –55.7 47.4 140.5 37.1 48.2 42.5 12.7III ......... 205.7 40.5 17.7 14.6 .1 –2.6 –45.4 56.2 165.2 37.3 39.1 79.3 9.5IV ......... 148.6 1.5 19.2 19.6 2.2 –8.4 –53.4 22.3 147.1 31.3 21.7 79.7 14.4

2009: I ........... 121.6 8.0 19.3 12.8 3.2 –6.3 –54.8 33.9 113.6 34.7 29.6 29.4 19.8II .......... 132.3 11.9 13.7 10.4 3.9 –9.1 –38.5 31.5 120.4 33.1 39.4 15.2 32.8III ......... 129.7 6.7 10.9 8.1 3.1 –9.6 –16.6 10.8 122.9 35.1 37.4 15.8 34.5

1 For Standard Industrial Classification (SIC) data, includes primary metal industries, not shown separately.2 Industry groups shown in column headings reflect North American Industry Classification System (NAICS) classification for data beginning 1998. For

data on SIC basis, the industry groups would be industrial machinery and equipment (now machinery), electronic and other electric equipment (now electricalequipment, appliances, and components), motor vehicles and equipment (now motor vehicles, bodies and trailers, and parts), food and kindred products (nowfood and beverage and tobacco products), and chemicals and allied products (now chemical products).

3 See footnote 3 and Note, Table B–91.Source: Department of Commerce (Bureau of Economic Analysis).

438 | Appendix B

Table B–93. Sales, profits, and stockholders’ equity, all manufacturing corporations,1968–2009

[Billions of dollars]

Year or quarter

All manufacturing corporations Durable goods industries Nondurable goods industries

Sales(net)

ProfitsStock-

holders’equity 2

Sales(net)

ProfitsStock-

holders’equity 2

Sales(net)

ProfitsStock-

holders’equity 2

Beforeincometaxes 1

Afterincometaxes

Beforeincometaxes 1

Afterincometaxes

Beforeincometaxes 1

Afterincometaxes

1968 ...................... 631.9 55.4 32.1 265.9 335.5 30.6 16.5 135.6 296.4 24.8 15.5 130.31969 ...................... 694.6 58.1 33.2 289.9 366.5 31.5 16.9 147.6 328.1 26.6 16.4 142.31970 ...................... 708.8 48.1 28.6 306.8 363.1 23.0 12.9 155.1 345.7 25.2 15.7 151.71971 ...................... 751.1 52.9 31.0 320.8 381.8 26.5 14.5 160.4 369.3 26.5 16.5 160.51972 ...................... 849.5 63.2 36.5 343.4 435.8 33.6 18.4 171.4 413.7 29.6 18.0 172.01973 ...................... 1,017.2 81.4 48.1 374.1 527.3 43.6 24.8 188.7 489.9 37.8 23.3 185.41973: IV ................ 275.1 21.4 13.0 386.4 140.1 10.8 6.3 194.7 135.0 10.6 6.7 191.7New series:1973: IV ................ 236.6 20.6 13.2 368.0 122.7 10.1 6.2 185.8 113.9 10.5 7.0 182.11974 ...................... 1,060.6 92.1 58.7 395.0 529.0 41.1 24.7 196.0 531.6 51.0 34.1 199.01975 ...................... 1,065.2 79.9 49.1 423.4 521.1 35.3 21.4 208.1 544.1 44.6 27.7 215.31976 ...................... 1,203.2 104.9 64.5 462.7 589.6 50.7 30.8 224.3 613.7 54.3 33.7 238.41977 ...................... 1,328.1 115.1 70.4 496.7 657.3 57.9 34.8 239.9 670.8 57.2 35.5 256.81978 ...................... 1,496.4 132.5 81.1 540.5 760.7 69.6 41.8 262.6 735.7 62.9 39.3 277.91979 ...................... 1,741.8 154.2 98.7 600.5 865.7 72.4 45.2 292.5 876.1 81.8 53.5 308.01980 ...................... 1,912.8 145.8 92.6 668.1 889.1 57.4 35.6 317.7 1,023.7 88.4 56.9 350.41981 ...................... 2,144.7 158.6 101.3 743.4 979.5 67.2 41.6 350.4 1,165.2 91.3 59.6 393.01982 ...................... 2,039.4 108.2 70.9 770.2 913.1 34.7 21.7 355.5 1,126.4 73.6 49.3 414.71983 ...................... 2,114.3 133.1 85.8 812.8 973.5 48.7 30.0 372.4 1,140.8 84.4 55.8 440.41984 ...................... 2,335.0 165.6 107.6 864.2 1,107.6 75.5 48.9 395.6 1,227.5 90.0 58.8 468.51985 ...................... 2,331.4 137.0 87.6 866.2 1,142.6 61.5 38.6 420.9 1,188.8 75.6 49.1 445.31986 ...................... 2,220.9 129.3 83.1 874.7 1,125.5 52.1 32.6 436.3 1,095.4 77.2 50.5 438.41987 ...................... 2,378.2 173.0 115.6 900.9 1,178.0 78.0 53.0 444.3 1,200.3 95.1 62.6 456.61988 3 .................... 2,596.2 215.3 153.8 957.6 1,284.7 91.6 66.9 468.7 1,311.5 123.7 86.8 488.91989 ...................... 2,745.1 187.6 135.1 999.0 1,356.6 75.1 55.5 501.3 1,388.5 112.6 79.6 497.71990 ...................... 2,810.7 158.1 110.1 1,043.8 1,357.2 57.3 40.7 515.0 1,453.5 100.8 69.4 528.91991 ...................... 2,761.1 98.7 66.4 1,064.1 1,304.0 13.9 7.2 506.8 1,457.1 84.8 59.3 557.41992 4 .................... 2,890.2 31.4 22.1 1,034.7 1,389.8 –33.7 –24.0 473.9 1,500.4 65.1 46.0 560.81993 ...................... 3,015.1 117.9 83.2 1,039.7 1,490.2 38.9 27.4 482.7 1,524.9 79.0 55.7 557.11994 ...................... 3,255.8 243.5 174.9 1,110.1 1,657.6 121.0 87.1 533.3 1,598.2 122.5 87.8 576.81995 ...................... 3,528.3 274.5 198.2 1,240.6 1,807.7 130.6 94.3 613.7 1,720.6 143.9 103.9 627.01996 ...................... 3,757.6 306.6 224.9 1,348.0 1,941.6 146.6 106.1 673.9 1,816.0 160.0 118.8 674.21997 ...................... 3,920.0 331.4 244.5 1,462.7 2,075.8 167.0 121.4 743.4 1,844.2 164.4 123.1 719.31998 ...................... 3,949.4 314.7 234.4 1,482.9 2,168.8 175.1 127.8 779.9 1,780.7 139.6 106.5 703.01999 ...................... 4,148.9 355.3 257.8 1,569.3 2,314.2 198.8 140.3 869.6 1,834.6 156.5 117.5 699.72000 ...................... 4,548.2 381.1 275.3 1,823.1 2,457.4 190.7 131.8 1,054.3 2,090.8 190.5 143.5 768.72000: IV ................ 1,163.6 69.2 46.8 1,892.4 620.4 31.2 19.3 1,101.5 543.2 38.0 27.4 790.9NAICS: 52000: IV ................ 1,128.8 62.1 41.7 1,833.8 623.0 26.9 15.4 1,100.0 505.8 35.2 26.3 733.82001 ...................... 4,295.0 83.2 36.2 1,843.0 2,321.2 –69.0 –76.1 1,080.5 1,973.8 152.2 112.3 762.52002 ...................... 4,216.4 195.5 134.7 1,804.0 2,260.6 45.9 21.6 1,024.8 1,955.8 149.6 113.1 779.22003 ...................... 4,397.2 305.7 237.0 1,952.2 2,282.7 117.6 88.2 1,040.8 2,114.5 188.1 148.9 911.52004 ...................... 4,934.1 447.5 348.2 2,206.3 2,537.3 200.0 156.5 1,212.9 2,396.7 247.5 191.6 993.52005 ...................... 5,411.5 524.2 401.3 2,410.4 2,730.5 211.3 161.2 1,304.0 2,681.0 312.9 240.2 1,106.52006 ...................... 5,782.7 604.6 470.3 2,678.6 2,910.2 249.1 192.8 1,384.0 2,872.5 355.5 277.5 1,294.62007 ...................... 6,060.0 602.8 442.7 2,921.8 3,015.7 246.8 159.4 1,493.1 3,044.4 356.1 283.3 1,428.72008 ...................... 6,375.6 388.1 266.3 2,994.5 2,971.0 97.9 43.4 1,494.7 3,404.6 290.2 222.9 1,499.82007: I .................. 1,405.8 149.2 117.3 2,775.4 715.8 61.4 47.7 1,441.4 690.0 87.8 69.6 1,334.0

II ................. 1,526.5 172.8 136.3 2,900.1 760.8 75.4 61.0 1,490.8 765.7 97.4 75.3 1,409.2III ................ 1,539.4 147.6 79.9 2,959.6 767.2 57.1 8.7 1,500.3 772.2 90.6 71.2 1,459.3IV ................ 1,588.3 133.2 109.2 3,052.2 771.8 52.9 42.1 1,539.9 816.5 80.4 67.1 1,512.3

2008: I .................. 1,566.4 150.0 117.3 3,086.3 740.5 58.6 44.8 1,551.0 825.9 91.3 72.6 1,535.3II ................. 1,724.2 142.7 109.4 3,082.7 780.4 47.6 31.4 1,544.8 943.7 95.1 78.0 1,537.9III ................ 1,682.3 165.5 123.6 3,059.7 757.9 54.6 36.0 1,538.9 924.4 110.9 87.6 1,520.8IV ................ 1,402.8 –70.1 –84.0 2,749.2 692.2 –63.0 –68.8 1,344.0 710.5 –7.2 –15.2 1,405.3

2009: I .................. 1,203.6 48.4 33.2 2,661.5 590.8 –6.6 –10.9 1,301.7 612.7 55.0 44.1 1,359.8II ................. 1,263.2 81.5 60.0 2,714.4 598.6 12.3 3.6 1,315.6 664.6 69.1 56.4 1,398.9III ................ 1,321.9 117.6 94.3 2,877.2 624.6 37.4 28.8 1,419.7 697.3 80.2 65.5 1,457.5

1 In the old series, “income taxes” refers to Federal income taxes only, as State and local income taxes had already been deducted. In the new series, noincome taxes have been deducted

2 Annual data are average equity for the year (using four end-of-quarter figures)3 Beginning with 1988, profits before and after income taxes reflect inclusion of minority stockholders’ interest in net income before and after income taxes4 Data for 1992 (most significantly 1992:I) reflect the early adoption of Financial Accounting Standards Board Statement 106 (Employer’s Accounting for

Post-Retirement Benefits Other Than Pensions) by a large number of companies during the fourth quarter of 1992. Data for 1993 (1993:I) also reflect adoption ofStatement 106. Corporations must show the cumulative effect of a change in accounting principle in the first quarter of the year in which the change is adopted.

5 Data based on the North American Industry Classification System (NAICS). Other data shown are based on the Standard Industrial Classification (SIC).Note: Data are not necessarily comparable from one period to another due to changes in accounting principles, industry classifications, sampling procedures,

etc. For explanatory notes concerning compilation of the series, see Quarterly Financial Report for Manufacturing, Mining, and Trade Corporations, Departmentof Commerce, Bureau of the Census.

Source: Department of Commerce (Bureau of the Census).

Corporate Profits and Finance | 439

Table B–94. Relation of profits after taxes to stockholders’ equity and to sales, allmanufacturing corporations, 1959–2009

Year or quarter

Ratio of profits after income taxes (annual rate)to stockholders’ equity—percent 1

Profits after income taxesper dollar of sales—cents

Allmanufacturingcorporations

Durablegoods

industries

Nondurablegoods

industries

Allmanufacturingcorporations

Durablegoods

industries

Nondurablegoods

industries

1959 ...................................... 10.4 10.4 10.4 4.8 4.8 4.91960 ...................................... 9.2 8.5 9.8 4.4 4.0 4.81961 ...................................... 8.9 8.1 9.6 4.3 3.9 4.71962 ...................................... 9.8 9.6 9.9 4.5 4.4 4.71963 ...................................... 10.3 10.1 10.4 4.7 4.5 4.91964 ...................................... 11.6 11.7 11.5 5.2 5.1 5.41965 ...................................... 13.0 13.8 12.2 5.6 5.7 5.51966 ...................................... 13.4 14.2 12.7 5.6 5.6 5.61967 ...................................... 11.7 11.7 11.8 5.0 4.8 5.31968 ...................................... 12.1 12.2 11.9 5.1 4.9 5.21969 ...................................... 11.5 11.4 11.5 4.8 4.6 5.01970 ...................................... 9.3 8.3 10.3 4.0 3.5 4.51971 ...................................... 9.7 9.0 10.3 4.1 3.8 4.51972 ...................................... 10.6 10.8 10.5 4.3 4.2 4.41973 ...................................... 12.8 13.1 12.6 4.7 4.7 4.81973: IV ................................ 13.4 12.9 14.0 4.7 4.5 5.0New series:1973: IV ................................ 14.3 13.3 15.3 5.6 5.0 6.11974 ...................................... 14.9 12.6 17.1 5.5 4.7 6.41975 ...................................... 11.6 10.3 12.9 4.6 4.1 5.11976 ...................................... 13.9 13.7 14.2 5.4 5.2 5.51977 ...................................... 14.2 14.5 13.8 5.3 5.3 5.31978 ...................................... 15.0 16.0 14.2 5.4 5.5 5.31979 ...................................... 16.4 15.4 17.4 5.7 5.2 6.11980 ...................................... 13.9 11.2 16.3 4.8 4.0 5.61981 ...................................... 13.6 11.9 15.2 4.7 4.2 5.11982 ...................................... 9.2 6.1 11.9 3.5 2.4 4.41983 ...................................... 10.6 8.1 12.7 4.1 3.1 4.91984 ...................................... 12.5 12.4 12.5 4.6 4.4 4.81985 ...................................... 10.1 9.2 11.0 3.8 3.4 4.11986 ...................................... 9.5 7.5 11.5 3.7 2.9 4.61987 ...................................... 12.8 11.9 13.7 4.9 4.5 5.21988 2 .................................... 16.1 14.3 17.8 5.9 5.2 6.61989 ...................................... 13.5 11.1 16.0 4.9 4.1 5.71990 ...................................... 10.6 7.9 13.1 3.9 3.0 4.81991 ...................................... 6.2 1.4 10.6 2.4 .5 4.11992 3 .................................... 2.1 –5.1 8.2 .8 –1.7 3.11993 ...................................... 8.0 5.7 10.0 2.8 1.8 3.71994 ...................................... 15.8 16.3 15.2 5.4 5.3 5.51995 ...................................... 16.0 15.4 16.6 5.6 5.2 6.01996 ...................................... 16.7 15.7 17.6 6.0 5.5 6.51997 ...................................... 16.7 16.3 17.1 6.2 5.8 6.71998 ...................................... 15.8 16.4 15.2 5.9 5.9 6.01999 ...................................... 16.4 16.1 16.8 6.2 6.1 6.42000 ...................................... 15.1 12.5 18.7 6.1 5.4 6.92000: IV ................................ 9.9 7.0 13.9 4.0 3.1 5.1NAICS: 42000: IV ................................ 9.1 5.6 14.3 3.7 2.5 5.22001 ...................................... 2.0 –7.0 14.7 .8 –3.3 5.72002 ...................................... 7.5 2.1 14.5 3.2 1.0 5.82003 ...................................... 12.1 8.5 16.3 5.4 3.9 7.02004 ...................................... 15.8 12.9 19.3 7.1 6.2 8.02005 ...................................... 16.7 12.4 21.7 7.4 5.9 9.02006 ...................................... 17.6 13.9 21.4 8.1 6.6 9.72007 ...................................... 15.2 10.7 19.8 7.3 5.3 9.32008 ...................................... 8.9 2.9 14.9 4.2 1.5 6.52007: I .................................. 16.9 13.2 20.9 8.3 6.7 10.1

II ................................. 18.8 16.4 21.4 8.9 8.0 9.8III ................................ 10.8 2.3 19.5 5.2 1.1 9.2IV ................................ 14.3 10.9 17.8 6.9 5.4 8.2

2008: I .................................. 15.2 11.5 18.9 7.5 6.0 8.8II ................................. 14.2 8.1 20.3 6.3 4.0 8.3III ................................ 16.2 9.3 23.0 7.3 4.7 9.5IV ................................ –12.2 –20.5 –4.3 –6.0 –9.9 –2.1

2009: I .................................. 5.0 –3.4 13.0 2.8 –1.9 7.2II ................................. 8.8 1.1 16.1 4.7 .6 8.5III ................................ 13.1 8.1 18.0 7.1 4.6 9.4

1 Annual ratios based on average equity for the year (using four end-of-quarter figures). Quarterly ratios based on equity at end of quarter.2 See footnote 3, Table B–93.3 See footnote 4, Table B–93.4 See footnote 5, Table B–93.Note: Based on data in millions of dollars.See Note, Table B–93.Source: Department of Commerce (Bureau of the Census).

440 | Appendix B

Table B–95. Historical stock prices and yields, 1949–2003

Year

Common stock prices 1Common stock yields(Standard & Poor’s)

(percent) 5

New York Stock Exchange (NYSE) indexes 2

DowJones

industrialaverage 2

Standard& Poor’s

compositeindex

(1941–43=10) 2

Nasdaqcomposite

index(Feb. 5,

1971=100) 2

Dividend-priceratio 6

Earnings-priceratio 7

Composite(Dec. 31,

2002=5,000) 3

December 31, 1965=50

Com-posite Industrial Transpor-

tation Utility 4 Finance

1949 ................. ................ 9.02 ................ ................ ................ ................ 179.48 15.23 .................... 6.59 15.481950 ................. ................ 10.87 ................ ................ ................ ................ 216.31 18.40 .................... 6.57 13.991951 ................. ................ 13.08 ................ ................ ................ ................ 257.64 22.34 .................... 6.13 11.821952 ................. ................ 13.81 ................ ................ ................ ................ 270.76 24.50 .................... 5.80 9.471953 ................. ................ 13.67 ................ ................ ................ ................ 275.97 24.73 .................... 5.80 10.261954 ................. ................ 16.19 ................ ................ ................ ................ 333.94 29.69 .................... 4.95 8.571955 ................. ................ 21.54 ................ ................ ................ ................ 442.72 40.49 .................... 4.08 7.951956 ................. ................ 24.40 ................ ................ ................ ................ 493.01 46.62 .................... 4.09 7.551957 ................. ................ 23.67 ................ ................ ................ ................ 475.71 44.38 .................... 4.35 7.891958 ................. ................ 24.56 ................ ................ ................ ................ 491.66 46.24 .................... 3.97 6.231959 ................. ................ 30.73 ................ ................ ................ ................ 632.12 57.38 .................... 3.23 5.781960 ................. ................ 30.01 ................ ................ ................ ................ 618.04 55.85 .................... 3.47 5.901961 ................. ................ 35.37 ................ ................ ................ ................ 691.55 66.27 .................... 2.98 4.621962 ................. ................ 33.49 ................ ................ ................ ................ 639.76 62.38 .................... 3.37 5.821963 ................. ................ 37.51 ................ ................ ................ ................ 714.81 69.87 .................... 3.17 5.501964 ................. ................ 43.76 ................ ................ ................ ................ 834.05 81.37 .................... 3.01 5.321965 ................. ................ 47.39 ................ ................ ................ ................ 910.88 88.17 .................... 3.00 5.591966 ................. 487.92 46.15 46.18 50.26 90.81 44.45 873.60 85.26 .................... 3.40 6.631967 ................. 536.84 50.77 51.97 53.51 90.86 49.82 879.12 91.93 .................... 3.20 5.731968 ................. 585.47 55.37 58.00 50.58 88.38 65.85 906.00 98.70 .................... 3.07 5.671969 ................. 578.01 54.67 57.44 46.96 85.60 70.49 876.72 97.84 .................... 3.24 6.081970 ................. 483.39 45.72 48.03 32.14 74.47 60.00 753.19 83.22 .................... 3.83 6.451971 ................. 573.33 54.22 57.92 44.35 79.05 70.38 884.76 98.29 107.44 3.14 5.411972 ................. 637.52 60.29 65.73 50.17 76.95 78.35 950.71 109.20 128.52 2.84 5.501973 ................. 607.11 57.42 63.08 37.74 75.38 70.12 923.88 107.43 109.90 3.06 7.121974 ................. 463.54 43.84 48.08 31.89 59.58 49.67 759.37 82.85 76.29 4.47 11.591975 ................. 483.55 45.73 50.52 31.10 63.00 47.14 802.49 86.16 77.20 4.31 9.151976 ................. 575.85 54.46 60.44 39.57 73.94 52.94 974.92 102.01 89.90 3.77 8.901977 ................. 567.66 53.69 57.86 41.09 81.84 55.25 894.63 98.20 98.71 4.62 10.791978 ................. 567.81 53.70 58.23 43.50 78.44 56.65 820.23 96.02 117.53 5.28 12.031979 ................. 616.68 58.32 64.76 47.34 76.41 61.42 844.40 103.01 136.57 5.47 13.461980 ................. 720.15 68.10 78.70 60.61 74.69 64.25 891.41 118.78 168.61 5.26 12.661981 ................. 782.62 74.02 85.44 72.61 77.81 73.52 932.92 128.05 203.18 5.20 11.961982 ................. 728.84 68.93 78.18 60.41 79.49 71.99 884.36 119.71 188.97 5.81 11.601983 ................. 979.52 92.63 107.45 89.36 93.99 95.34 1,190.34 160.41 285.43 4.40 8.031984 ................. 977.33 92.46 108.01 85.63 92.89 89.28 1,178.48 160.46 248.88 4.64 10.021985 ................. 1,142.97 108.09 123.79 104.11 113.49 114.21 1,328.23 186.84 290.19 4.25 8.121986 ................. 1,438.02 136.00 155.85 119.87 142.72 147.20 1,792.76 236.34 366.96 3.49 6.091987 ................. 1,709.79 161.70 195.31 140.39 148.59 146.48 2,275.99 286.83 402.57 3.08 5.481988 ................. 1,585.14 149.91 180.95 134.12 143.53 127.26 2,060.82 265.79 374.43 3.64 8.011989 ................. 1,903.36 180.02 216.23 175.28 174.87 151.88 2,508.91 322.84 437.81 3.45 7.421990 ................. 1,939.47 183.46 225.78 158.62 181.20 133.26 2,678.94 334.59 409.17 3.61 6.471991 ................. 2,181.72 206.33 258.14 173.99 185.32 150.82 2,929.33 376.18 491.69 3.24 4.791992 ................. 2,421.51 229.01 284.62 201.09 198.91 179.26 3,284.29 415.74 599.26 2.99 4.221993 ................. 2,638.96 249.58 299.99 242.49 228.90 216.42 3,522.06 451.41 715.16 2.78 4.461994 ................. 2,687.02 254.12 315.25 247.29 209.06 209.73 3,793.77 460.42 751.65 2.82 5.831995 ................. 3,078.56 291.15 367.34 269.41 220.30 238.45 4,493.76 541.72 925.19 2.56 6.091996 ................. 3,787.20 358.17 453.98 327.33 249.77 303.89 5,742.89 670.50 1,164.96 2.19 5.241997 ................. 4,827.35 456.54 574.52 414.60 283.82 424.48 7,441.15 873.43 1,469.49 1.77 4.571998 ................. 5,818.26 550.26 681.57 468.69 378.12 516.35 8,625.52 1,085.50 1,794.91 1.49 3.461999 ................. 6,546.81 619.16 774.78 491.60 473.73 530.86 10,464.88 1,327.33 2,728.15 1.25 3.172000 ................. 6,805.89 643.66 810.63 413.60 477.65 553.13 10,734.90 1,427.22 3,783.67 1.15 3.632001 ................. 6,397.85 605.07 748.26 443.59 377.30 595.61 10,189.13 1,194.18 2,035.00 1.32 2.952002 ................. 5,578.89 527.62 657.37 431.10 260.85 555.27 9,226.43 993.94 1,539.73 1.61 2.922003 3 ............... 5,447.46 ............... 633.18 436.51 237.77 565.75 8,993.59 965.23 1,647.17 1.77 3.84

1 Averages of daily closing prices.2 Includes stocks as follows: for NYSE, all stocks listed; for Dow Jones industrial average, 30 stocks; for Standard & Poor’s (S&P) composite index, 500

stocks; and for Nasdaq composite index, over 5,000.3 The NYSE relaunched the composite index on January 9, 2003, incorporating new definitions, methodology, and base value. (The composite index based on

December 31, 1965=50 was discontinued.) Subset indexes on financial, energy, and health care were released by the NYSE on January 8, 2004 (see Table B–96).NYSE indexes shown in this table for industrials, utilities, transportation, and finance were discontinued.

4 Effective April 1993, the NYSE doubled the value of the utility index to facilitate trading of options and futures on the index. Annual indexes prior to 1993reflect the doubling.

5 Based on 500 stocks in the S&P composite index.6 Aggregate cash dividends (based on latest known annual rate) divided by aggregate market value based on Wednesday closing prices. Monthly data are

averages of weekly figures; annual data are averages of monthly figures.7 Quarterly data are ratio of earnings (after taxes) for four quarters ending with particular quarter-to-price index for last day of that quarter. Annual data are

averages of quarterly ratios.Sources: New York Stock Exchange, Dow Jones & Co., Inc., Standard & Poor’s, and Nasdaq Stock Market.

Corporate Profits and Finance | 441

Table B–96. Common stock prices and yields, 2000–2009

Year or month

Common stock prices 1Common stock yields(Standard & Poor’s)

(percent) 4

New York Stock Exchange (NYSE) indexes 2, 3(December 31, 2002=5,000) Dow

Jonesindustrialaverage 2

Standard& Poor’s

compositeindex

(1941–43=10) 2

Nasdaqcomposite

index(Feb. 5,

1971=100) 2

Dividend-priceratio 5

Earnings-priceratio 6Composite Financial Energy Health

care

2000 ...................... 6,805.89 ....................... ....................... ....................... 10,734.90 1,427.22 3,783.67 1.15 3.632001 ...................... 6,397.85 ....................... ....................... ....................... 10,189.13 1,194.18 2,035.00 1.32 2.952002 ...................... 5,578.89 ....................... ....................... ....................... 9,226.43 993.94 1,539.73 1.61 2.922003 ...................... 5,447.46 5,583.00 5,273.90 5,288.67 8,993.59 965.23 1,647.17 1.77 3.842004 ...................... 6,612.62 6,822.18 6,952.36 5,924.80 10,317.39 1,130.65 1,986.53 1.72 4.892005 ...................... 7,349.00 7,383.70 9,377.84 6,283.96 10,547.67 1,207.23 2,099.32 1.83 5.362006 ...................... 8,357.99 8,654.40 11,206.94 6,685.06 11,408.67 1,310.46 2,263.41 1.87 5.782007 ...................... 9,648.82 9,321.39 13,339.99 7,191.79 13,169.98 1,477.19 2,578.47 1.86 5.292008 ...................... 8,036.88 6,278.38 13,258.42 6,171.19 11,252.62 1,220.04 2,161.65 2.37 3.542009 ...................... 6,091.02 3,987.04 10,020.30 5,456.63 8,876.15 948.05 1,845.38 2.40 ..................2006: Jan ............. 8,007.35 8,187.86 10,965.30 6,604.09 10,872.48 1,278.72 2,289.99 1.83 ..................

Feb ............. 8,044.86 8,280.82 10,741.43 6,566.87 10,971.19 1,276.65 2,273.67 1.86 ..................Mar ............ 8,174.34 8,459.04 10,702.23 6,653.63 11,144.45 1,293.74 2,300.26 1.85 5.61Apr ............. 8,351.28 8,572.54 11,467.85 6,519.78 11,234.68 1,302.18 2,338.68 1.85 ..................May ............ 8,353.45 8,608.10 11,380.52 6,488.14 11,333.88 1,290.00 2,245.28 1.90 ..................June ........... 7,985.59 8,225.13 10,690.86 6,395.87 10,997.97 1,253.12 2,137.41 1.96 5.86July ............ 8,103.97 8,340.25 11,360.86 6,566.19 11,032.53 1,260.24 2,086.21 1.94 ..................Aug ............. 8,294.89 8,574.68 11,610.65 6,763.81 11,257.35 1,287.15 2,117.77 1.92 ..................Sept ............ 8,383.29 8,789.30 10,807.75 6,910.95 11,533.60 1,317.81 2,221.94 1.87 5.88Oct .............. 8,651.02 9,101.77 11,020.11 6,975.17 11,963.12 1,363.38 2,330.17 1.83 ..................Nov ............. 8,856.30 9,251.53 11,657.36 6,845.16 12,185.15 1,388.63 2,408.70 1.80 ..................Dec ............. 9,089.55 9,461.77 12,078.39 6,931.01 12,377.62 1,416.42 2,431.91 1.79 5.75

2007: Jan ............. 9,132.04 9,575.21 11,381.56 7,083.45 12,512.89 1,424.16 2,453.19 1.81 ..................Feb ............. 9,345.98 9,732.63 11,658.11 7,174.03 12,631.48 1,444.79 2,479.86 1.82 ..................Mar ............ 9,120.57 9,342.66 11,503.16 6,997.30 12,268.53 1,406.95 2,401.49 1.89 5.85Apr ............. 9,555.98 9,658.88 12,441.16 7,332.01 12,754.80 1,463.65 2,499.57 1.84 ..................May ............ 9,822.99 9,864.01 13,031.00 7,474.48 13,407.76 1,511.14 2,562.14 1.81 ..................June ........... 9,896.98 9,754.29 13,639.81 7,268.42 13,480.21 1,514.49 2,595.40 1.81 5.65July ............ 9,985.42 9,543.66 14,318.49 7,210.07 13,677.89 1,520.70 2,655.08 1.80 ..................Aug ............. 9,440.44 8,963.67 13,250.28 6,957.87 13,239.71 1,454.62 2,539.50 1.92 ..................Sept ............ 9,777.59 9,060.63 14,300.99 7,138.20 13,557.69 1,497.12 2,634.47 1.88 5.15Oct .............. 10,159.33 9,390.30 14,976.30 7,231.60 13,901.28 1,539.66 2,780.42 1.84 ..................Nov ............. 9,741.15 8,522.71 14,622.23 7,127.40 13,200.58 1,463.39 2,662.80 1.95 ..................Dec ............. 9,807.36 8,447.99 14,956.77 7,306.60 13,406.99 1,479.23 2,661.55 1.93 4.51

2008: Jan ............. 9,165.10 7,776.77 14,222.14 7,068.98 12,538.12 1,378.76 2,418.09 2.06 ..................Feb ............. 9,041.52 7,577.54 13,931.92 6,674.75 12,419.57 1,354.87 2,325.83 2.10 ..................Mar ............ 8,776.21 7,155.51 14,000.91 6,318.44 12,193.88 1,316.94 2,254.82 2.17 4.57Apr ............. 9,174.10 7,579.73 15,159.35 6,381.98 12,656.63 1,370.47 2,368.10 2.09 ..................May ............ 9,429.04 7,593.63 16,365.23 6,405.40 12,812.48 1,403.22 2,483.24 2.07 ..................June ........... 8,996.98 6,798.20 16,272.67 6,243.42 12,056.67 1,341.25 2,427.45 2.15 4.01July ............ 8,427.37 6,207.89 14,899.86 6,412.48 11,322.38 1,257.33 2,278.14 2.27 ..................Aug ............. 8,362.20 6,304.58 13,772.04 6,618.92 11,530.75 1,281.47 2,389.27 2.23 ..................Sept ............ 7,886.29 6,159.18 12,562.82 6,316.05 11,114.08 1,217.01 2,205.20 2.36 3.94Oct .............. 6,130.39 4,733.74 9,515.71 5,434.03 9,176.71 968.80 1,730.32 2.83 ..................Nov ............. 5,527.63 3,779.86 9,262.07 5,088.99 8,614.55 883.04 1,542.70 3.11 ..................Dec ............. 5,525.70 3,673.95 9,136.33 5,090.83 8,595.56 877.56 1,525.89 3.00 1.65

2009: Jan ............. 5,477.14 3,337.14 9,295.97 5,256.13 8,396.20 865.58 1,537.20 3.01 ..................Feb ............. 5,051.42 2,823.74 8,785.04 5,106.78 7,690.50 805.23 1,485.98 3.07 ..................Mar ............ 4,739.72 2,633.65 8,266.81 4,596.81 7,235.47 757.13 1,432.23 2.92 .86Apr ............. 5,338.39 3,313.47 8,839.95 4,771.71 7,992.12 848.15 1,641.15 2.60 ..................May ............ 5,823.10 3,819.95 9,848.66 5,051.78 8,398.37 902.41 1,726.08 2.41 ..................June ........... 5,985.64 3,924.19 10,189.64 5,224.16 8,593.00 926.12 1,826.99 2.35 .82July ............ 6,026.55 4,000.66 9,765.09 5,410.22 8,679.75 935.82 1,873.84 2.31 ..................Aug ............. 6,577.18 4,646.60 10,295.91 5,706.96 9,375.06 1,009.72 1,997.51 2.12 ..................Sept ............ 6,839.88 4,844.93 10,791.73 5,838.22 9,634.97 1,044.55 2,084.75 2.06 1.19Oct .............. 6,986.35 4,918.07 11,342.57 5,931.28 9,857.34 1,067.66 2,122.85 2.02 ..................Nov ............. 7,079.38 4,848.04 11,486.95 6,155.21 10,227.55 1,088.07 2,143.53 1.99 ..................Dec ............. 7,167.51 4,734.07 11,335.23 6,430.25 10,433.44 1,110.38 2,220.60 1.95 ..................

1 Averages of daily closing prices.2 Includes stocks as follows: for NYSE, all stocks listed (in 2009, over 3,800); for Dow Jones industrial average, 30 stocks; for Standard & Poor’s (S&P)

composite index, 500 stocks; and for Nasdaq composite index, in 2009, over 2,700.3 The NYSE relaunched the composite index on January 9, 2003, incorporating new definitions, methodology, and base value. Subset indexes on financial,

energy, and health care were released by the NYSE on January 8, 2004.4 Based on 500 stocks in the S&P composite index.5 Aggregate cash dividends (based on latest known annual rate) divided by aggregate market value based on Wednesday closing prices. Monthly data are

averages of weekly figures, annual data are averages of monthly figures.6 Quarterly data are ratio of earnings (after taxes) for four quarters ending with particular quarter-to-price index for last day of that quarter. Annual data are

averages of quarterly ratios.Sources: New York Stock Exchange, Dow Jones & Co., Inc., Standard & Poor’s, and Nasdaq Stock Market.

442 | Appendix B

Table B–97. Farm income, 1948–2009[Billions of dollars]

Year

Income of farm operators from farming

Gross farm income

Productionexpenses

Netfarm

incomeTotal 1

Cash marketing receiptsValue ofinventorychanges 3

DirectGovernmentpayments 4Total

Livestockand

productsCrops 2

1948 ...................... 36.5 30.2 17.1 13.1 1.7 0.3 18.8 17.71949 ...................... 30.8 27.8 15.4 12.4 –.9 .2 18.0 12.81950 ...................... 33.1 28.4 16.1 12.4 .8 .3 19.5 13.61951 ...................... 38.3 32.8 19.6 13.2 1.2 .3 22.3 15.91952 ...................... 37.7 32.5 18.2 14.3 .9 .3 22.8 14.91953 ...................... 34.4 31.0 16.9 14.1 –.6 .2 21.5 13.01954 ...................... 34.2 29.8 16.3 13.6 .5 .3 21.8 12.41955 ...................... 33.4 29.5 16.0 13.5 .2 .2 22.2 11.31956 ...................... 33.9 30.4 16.4 14.0 –.5 .6 22.7 11.21957 ...................... 34.8 29.7 17.4 12.3 .6 1.0 23.7 11.11958 ...................... 39.0 33.5 19.2 14.2 .8 1.1 25.8 13.21959 ...................... 37.9 33.6 18.9 14.7 .0 .7 27.2 10.71960 ...................... 38.6 34.0 19.0 15.0 .4 .7 27.4 11.21961 ...................... 40.5 35.2 19.5 15.7 .3 1.5 28.6 12.01962 ...................... 42.3 36.5 20.2 16.3 .6 1.7 30.3 12.11963 ...................... 43.4 37.5 20.0 17.4 .6 1.7 31.6 11.81964 ...................... 42.3 37.3 19.9 17.4 –.8 2.2 31.8 10.51965 ...................... 46.5 39.4 21.9 17.5 1.0 2.5 33.6 12.91966 ...................... 50.5 43.4 25.0 18.4 –.1 3.3 36.5 14.01967 ...................... 50.5 42.8 24.4 18.4 .7 3.1 38.2 12.31968 ...................... 51.8 44.2 25.5 18.7 .1 3.5 39.5 12.31969 ...................... 56.4 48.2 28.6 19.6 .1 3.8 42.1 14.31970 ...................... 58.8 50.5 29.5 21.0 .0 3.7 44.5 14.41971 ...................... 62.1 52.7 30.5 22.3 1.4 3.1 47.1 15.01972 ...................... 71.1 61.1 35.6 25.5 .9 4.0 51.7 19.51973 ...................... 98.9 86.9 45.8 41.1 3.4 2.6 64.6 34.41974 ...................... 98.2 92.4 41.3 51.1 –1.6 .5 71.0 27.31975 ...................... 100.6 88.9 43.1 45.8 3.4 .8 75.0 25.51976 ...................... 102.9 95.4 46.3 49.0 –1.5 .7 82.7 20.21977 ...................... 108.8 96.2 47.6 48.6 1.1 1.8 88.9 19.91978 ...................... 128.4 112.4 59.2 53.2 1.9 3.0 103.2 25.21979 ...................... 150.7 131.5 69.2 62.3 5.0 1.4 123.3 27.41980 ...................... 149.3 139.7 68.0 71.7 –6.3 1.3 133.1 16.11981 ...................... 166.3 141.6 69.2 72.5 6.5 1.9 139.4 26.91982 ...................... 164.1 142.6 70.3 72.3 –1.4 3.5 140.3 23.81983 ...................... 153.9 136.8 69.6 67.2 –10.9 9.3 139.6 14.31984 ...................... 168.0 142.8 72.9 69.9 6.0 8.4 142.0 26.01985 ...................... 161.1 144.0 70.1 73.9 –2.3 7.7 132.6 28.51986 ...................... 156.1 135.4 71.6 63.8 –2.2 11.8 125.0 31.11987 ...................... 168.4 141.8 76.0 65.8 –2.3 16.7 130.4 38.01988 ...................... 177.9 151.3 79.6 71.6 –4.1 14.5 138.3 39.61989 ...................... 191.6 160.5 83.6 76.9 3.8 10.9 145.1 46.51990 ...................... 197.8 169.3 89.1 80.2 3.3 9.3 151.5 46.31991 ...................... 192.0 168.0 85.8 82.2 –.2 8.2 151.8 40.21992 ...................... 200.6 171.5 85.8 85.7 4.2 9.2 150.4 50.21993 ...................... 205.0 178.3 90.5 87.8 –4.2 13.4 158.3 46.71994 ...................... 216.1 181.4 88.3 93.1 8.3 7.9 163.5 52.61995 ...................... 210.8 188.2 87.2 101.0 –5.0 7.3 171.1 39.81996 ...................... 235.8 199.4 92.9 106.5 7.9 7.3 176.9 58.91997 ...................... 238.0 207.8 96.5 111.3 .6 7.5 186.7 51.31998 ...................... 232.6 196.5 94.2 102.2 –.6 12.4 185.5 47.11999 ...................... 234.9 187.8 95.7 92.1 –.2 21.5 187.2 47.72000 ...................... 241.7 192.1 99.6 92.5 1.6 23.2 191.0 50.72001 ...................... 249.9 200.0 106.7 93.4 1.1 22.4 195.0 54.92002 ...................... 230.6 194.6 93.9 100.7 –3.5 12.4 191.4 39.12003 ...................... 258.6 216.1 105.7 110.5 –2.7 16.5 197.7 60.92004 ...................... 294.7 238.0 123.5 114.5 11.2 13.0 207.3 87.32005 ...................... 298.4 241.0 124.9 116.1 –.4 24.4 219.7 78.72006 ...................... 291.2 240.9 118.6 122.3 –3.1 15.8 232.7 58.52007 ...................... 338.4 288.5 138.6 149.9 .6 11.9 267.5 70.92008 ...................... 377.1 324.2 141.1 183.1 –2.4 12.2 290.0 87.12009 p .................... 335.2 282.1 118.4 163.6 –1.0 12.5 278.1 57.0

1 Cash marketing receipts, Government payments, value of changes in inventories, other farm-related cash income, and nonmoney income produced by farmsincluding imputed rent of operator residences.

2 Crop receipts include proceeds received from commodities placed under Commodity Credit Corporation loans.3 Physical changes in beginning and ending year inventories of crop and livestock commodities valued at weighted average market prices during the year.4 Includes only Government payments made directly to farmers.Note: Data for 2009 are forecasts.Source: Department of Agriculture (Economic Research Service).

Agriculture

Agriculture | 443

Table B–98. Farm business balance sheet, 1952–2009[Billions of dollars]

End of year

Assets Claims

Totalassets

Physical assets Financial assets

Totalclaims

Realestatedebt 5

Non–real

estatedebt 6

Propri-etors’equityReal

estate

Non–real estate

Total 4

Invest-ments

incoopera-

tivesOther 4Live-

stockand

poultry 1

Ma-chinery

andmotorvehi-cles

Crops 2Pur-

chasedinputs 3

1952 ...................... 133.1 85.1 14.8 15.0 7.9 .............. 10.3 3.2 7.1 133.1 6.2 7.1 119.81953 ...................... 128.7 84.3 11.7 15.6 6.8 .............. 10.3 3.3 7.0 128.7 6.6 6.3 115.81954 ...................... 132.6 87.8 11.2 15.7 7.5 .............. 10.4 3.5 6.9 132.6 7.1 6.7 118.81955 ...................... 137.0 93.0 10.6 16.3 6.5 .............. 10.6 3.7 6.9 137.0 7.8 7.3 121.91956 ...................... 145.7 100.3 11.0 16.9 6.8 .............. 10.7 4.0 6.7 145.7 8.5 7.4 129.81957 ...................... 154.5 106.4 13.9 17.0 6.4 .............. 10.8 4.2 6.6 154.5 9.0 8.2 137.31958 ...................... 168.7 114.6 17.7 18.1 6.9 .............. 11.4 4.5 6.9 168.7 9.7 9.4 149.61959 ...................... 172.9 121.2 15.2 19.3 6.2 .............. 11.0 4.8 6.2 172.9 10.6 10.7 151.61960 ...................... 174.4 123.3 15.6 19.1 6.4 .............. 10.0 4.2 5.8 174.4 11.3 11.1 151.91961 ...................... 181.6 129.1 16.4 19.3 6.5 .............. 10.4 4.5 5.9 181.6 12.3 11.8 157.51962 ...................... 188.9 134.6 17.3 19.9 6.5 .............. 10.5 4.6 5.9 188.9 13.5 13.2 162.21963 ...................... 196.7 142.4 15.9 20.4 7.4 .............. 10.7 5.0 5.7 196.7 15.0 14.6 167.11964 ...................... 204.2 150.5 14.5 21.2 7.0 .............. 11.0 5.2 5.8 204.2 16.9 15.3 172.11965 ...................... 220.8 161.5 17.6 22.4 7.9 .............. 11.4 5.4 6.0 220.8 18.9 16.9 185.01966 ...................... 234.0 171.2 19.0 24.1 8.1 .............. 11.6 5.7 6.0 234.0 20.7 18.5 194.81967 ...................... 246.1 180.9 18.8 26.3 8.0 .............. 12.0 5.8 6.1 246.1 22.6 19.6 203.91968 ...................... 257.2 189.4 20.2 27.7 7.4 .............. 12.4 6.1 6.3 257.2 24.7 19.2 213.21969 ...................... 267.8 195.3 22.8 28.6 8.3 .............. 12.8 6.4 6.4 267.8 26.4 20.0 221.41970 ...................... 278.8 202.4 23.7 30.4 8.7 .............. 13.7 7.2 6.5 278.8 27.2 21.3 230.31971 ...................... 301.8 217.6 27.3 32.4 10.0 .............. 14.5 7.9 6.7 301.8 28.8 24.0 248.91972 ...................... 339.9 243.0 33.7 34.6 12.9 .............. 15.7 8.7 6.9 339.9 31.4 26.7 281.81973 ...................... 418.5 298.3 42.4 39.7 21.4 .............. 16.8 9.7 7.1 418.5 35.2 31.6 351.71974 7 .................... 449.2 335.6 24.6 48.5 22.5 .............. 18.1 11.2 6.9 449.2 39.6 35.1 374.51975 ...................... 510.8 383.6 29.4 57.4 20.5 .............. 19.9 13.0 6.9 510.8 43.8 39.8 427.31976 ...................... 590.7 456.5 29.0 63.3 20.6 .............. 21.3 14.3 6.9 590.7 48.5 45.7 496.51977 ...................... 651.5 509.3 31.9 69.3 20.4 .............. 20.5 13.5 7.0 651.5 55.8 52.6 543.11978 ...................... 777.7 601.8 50.1 78.8 23.8 .............. 23.2 16.1 7.1 777.7 63.4 60.4 653.91979 ...................... 914.7 706.1 61.4 91.9 29.9 .............. 25.4 18.1 7.3 914.7 75.8 71.7 767.21980 ...................... 1,000.4 782.8 60.6 97.5 32.8 .............. 26.7 19.3 7.4 1,000.4 85.3 77.2 838.01981 ...................... 997.9 785.6 53.5 101.1 29.5 .............. 28.2 20.6 7.6 997.9 93.9 83.8 820.21982 ...................... 962.5 750.0 53.0 103.9 25.9 .............. 29.7 21.9 7.8 962.5 96.8 87.2 778.51983 ...................... 959.3 753.4 49.5 101.7 23.7 .............. 30.9 22.8 8.1 959.3 98.1 88.1 773.11984 ...................... 897.8 661.8 49.5 125.8 26.1 2.0 32.6 24.3 8.3 897.8 101.4 87.4 709.01985 ...................... 775.9 586.2 46.3 86.1 22.9 1.2 33.3 24.3 9.0 775.9 94.1 78.1 603.81986 ...................... 722.0 542.4 47.8 79.0 16.3 2.1 34.4 24.4 10.0 722.0 84.1 67.2 570.71987 ...................... 756.5 563.7 58.0 78.7 17.8 3.2 35.2 25.3 9.9 756.5 75.8 62.7 618.01988 ...................... 788.5 582.3 62.2 81.0 23.7 3.5 35.9 25.6 10.4 788.5 70.8 62.3 655.41989 ...................... 813.7 600.1 66.2 84.1 23.9 2.6 36.7 26.3 10.4 813.7 68.8 62.3 682.71990 ...................... 840.6 619.1 70.9 86.3 23.2 2.8 38.3 27.5 10.9 840.6 67.6 63.5 709.51991 ...................... 844.2 624.8 68.1 85.9 22.2 2.6 40.5 28.7 11.8 844.2 67.4 64.4 712.31992 ...................... 867.8 640.8 71.0 84.8 24.2 3.9 43.0 29.4 13.6 867.8 67.9 63.7 736.21993 ...................... 909.2 677.6 72.8 85.4 23.3 3.8 46.3 31.0 15.3 909.2 68.4 65.9 774.91994 ...................... 934.7 704.1 67.9 86.8 23.3 5.0 47.6 32.1 15.5 934.7 69.9 69.0 795.81995 ...................... 965.7 740.5 57.8 87.6 27.4 3.4 49.1 34.1 15.0 965.7 71.7 71.3 822.81996 ...................... 1,002.9 769.5 60.3 88.0 31.7 4.4 49.0 34.9 14.1 1,002.9 74.4 74.2 854.31997 ...................... 1,051.3 808.2 67.1 88.7 32.7 4.9 49.6 35.7 13.9 1,051.3 78.5 78.4 894.41998 ...................... 1,083.4 840.4 63.4 89.8 29.9 5.0 54.7 40.5 14.2 1,083.4 83.1 81.5 918.71999 ...................... 1,138.8 887.0 73.2 89.8 28.3 4.0 56.5 41.9 14.6 1,138.8 87.2 80.5 971.12000 ...................... 1,203.2 946.4 76.8 90.1 27.9 4.9 57.1 43.0 14.1 1,203.2 84.7 79.2 1,039.32001 ...................... 1,255.9 996.2 78.5 92.8 25.2 4.2 58.9 43.6 15.3 1,255.9 88.5 82.1 1,085.32002 ...................... 1,259.7 998.7 75.6 96.2 23.1 5.6 60.4 44.7 15.8 1,259.7 95.4 81.8 1,082.52003 ...................... 1,383.4 1,112.1 78.5 100.3 24.4 5.6 62.4 45.6 16.9 1,383.4 83.2 81.0 1,219.22004 ...................... 1,588.0 1,305.2 79.4 107.8 24.4 5.7 65.5 .............. .............. 1,588.0 95.7 86.3 1,406.02005 ...................... 1,779.4 1.487.0 81.1 113.1 24.3 6.5 67.5 .............. .............. 1,779.4 104.8 91.6 1,583.02006 ...................... 1,923.6 1,625.8 80.7 114.2 22.7 6.5 73.7 .............. .............. 1,923.6 108.0 95.5 1,720.02007 ...................... 2,055.3 1,751.4 80.7 114.7 22.7 7.0 78.8 .............. .............. 2,055.3 112.7 101.4 1,841.22008 ...................... 2,005.5 1,692.7 80.6 115.8 27.6 7.2 81.6 .............. .............. 2,005.5 130.1 108.8 1,766.62009 p .................... 1,943.7 1,633.8 80.6 112.3 27.6 7.2 82.1 .............. .............. 1,943.7 132.8 106.1 1,704.8

1 Excludes commercial broilers; excludes horses and mules beginning with 1959 data; excludes turkeys beginning with 1986 data.2 Non–Commodity Credit Corporation (CCC) crops held on farms plus value above loan rate for crops held under CCC.3 Includes fertilizer, chemicals, fuels, parts, feed, seed, and other supplies.4 Beginning with 2004, data available only for total financial assets. Data through 2003 for other financial assets are currency and demand deposits.5 Includes CCC storage and drying facilities loans.6 Does not include CCC crop loans.7 Beginning with 1974 data, farms are defined as places with sales of $1,000 or more annually.Note: Data exclude operator households. Beginning with 1959, data include Alaska and Hawaii.Data for 2009 are forecasts.Source: Department of Agriculture (Economic Research Service).

444 | Appendix B

Table B–99. Farm output and productivity indexes, 1948–2008[1996=100]

Year

Farm output Productivity indicators

TotalLivestock

andproducts

Crops Farm-related output

Farmoutput

per unitof totalfactorinput

Farmoutputper unitof labor

input

1948 .......................... 44 49 42 32 47 131949 .......................... 43 50 41 28 45 141950 .......................... 43 52 39 30 44 141951 .......................... 45 54 41 30 46 151952 .......................... 46 55 42 28 47 161953 .......................... 46 55 42 27 47 171954 .......................... 47 58 42 26 48 171955 .......................... 48 59 43 28 48 181956 .......................... 49 61 42 30 49 201957 .......................... 48 60 42 31 48 211958 .......................... 51 62 46 35 51 241959 .......................... 53 65 47 45 51 241960 .......................... 55 65 49 46 54 271961 .......................... 56 68 49 45 55 281962 .......................... 56 69 50 44 55 281963 .......................... 58 71 52 46 56 301964 .......................... 57 72 50 42 57 321965 .......................... 59 71 53 42 58 331966 .......................... 59 73 52 40 58 361967 .......................... 61 74 54 40 59 401968 .......................... 62 74 56 39 60 401969 .......................... 63 74 58 37 60 421970 .......................... 62 77 55 33 60 431971 .......................... 67 79 62 34 64 471972 .......................... 68 81 62 35 64 481973 .......................... 70 81 66 42 66 501974 .......................... 65 78 60 41 62 471975 .......................... 70 75 68 38 68 511976 .......................... 71 79 68 40 67 531977 .......................... 75 80 74 42 71 571978 .......................... 76 80 76 45 67 591979 .......................... 80 81 83 46 70 611980 .......................... 77 82 75 43 67 601981 .......................... 83 83 86 36 75 651982 .......................... 84 83 87 72 77 711983 .......................... 73 84 67 73 68 631984 .......................... 83 83 84 67 79 731985 .......................... 87 85 88 80 85 831986 .......................... 84 86 83 76 84 791987 .......................... 85 87 83 84 85 781988 .......................... 81 88 73 99 81 731989 .......................... 86 88 84 102 88 811990 .......................... 90 90 89 96 91 911991 .......................... 90 92 89 97 91 911992 .......................... 96 95 97 91 98 981993 .......................... 91 96 88 95 92 981994 .......................... 102 101 104 92 99 951995 .......................... 97 102 92 104 92 891996 .......................... 100 100 100 100 100 1001997 .......................... 105 103 105 111 102 1061998 .......................... 105 104 104 122 101 1111999 .......................... 107 108 105 128 102 1152000 .......................... 107 107 107 118 107 1282001 .......................... 108 107 106 123 108 1282002 .......................... 106 109 102 117 106 1242003 .......................... 108 110 106 109 110 1312004 .......................... 113 108 116 118 117 1422005 .......................... 111 110 112 110 114 1412006 .......................... 112 113 111 118 116 1522007 .......................... 114 113 115 109 113 1512008 .......................... 113 113 113 110 120 154

Note: Farm output includes primary agricultural activities and certain secondary activities that are closely linked to agricultural production for whichinformation on production and input use cannot be separately observed. Secondary output (alternatively, farm-related output) includes recreation activities, theimputed value of employer-provided housing, land rentals under the Conservation Reserve, and services such as custom machine work and custom livestockfeeding.

See Table B–100 for farm inputs.Source: Department of Agriculture (Economic Research Service).

Agriculture | 445

Table B–100. Farm input use, selected inputs, 1948–2009

Year

Farm employment(thousands) 1

Cropshar-

vested(mil-lions

ofacres) 4

Selected indexes of input use (1996=100)

Total

Self-em-

ployedand

unpaidfamilywork-ers 2

Hiredwork-ers 3

Totalfarminput

Capital input Labor input Intermediate input

TotalDur-able

equip-ment

Total Hiredlabor

Self-em-

ployedand

unpaidfamilylabor

TotalFeedandseed

Energyand

lubri-cants 5

Agri-cul-tural

chemi-cals

Pur-chasedserv-ices

1948 ...................... 9,759 7,433 2,326 356 93 115 66 325 277 349 46 55 65 20 441949 ...................... 9,633 7,392 2,241 360 97 115 78 317 257 347 52 58 72 21 431950 ...................... 9,283 6,965 2,318 345 98 118 90 305 268 323 53 59 73 25 451951 ...................... 8,653 6,464 2,189 344 99 120 100 293 259 311 56 61 76 25 491952 ...................... 8,441 6,301 2,140 349 99 122 109 287 253 304 56 60 80 26 521953 ...................... 7,904 5,817 2,087 348 99 123 114 275 246 289 56 61 81 26 501954 ...................... 7,893 5,782 2,111 346 97 124 120 269 232 288 54 58 81 27 491955 ...................... 7,719 5,675 2,044 340 100 124 123 263 228 281 59 65 83 28 511956 ...................... 7,367 5,451 1,916 324 100 124 124 247 208 266 61 68 83 30 531957 ...................... 6,966 5,046 1,920 324 100 123 123 229 199 244 63 71 82 29 541958 ...................... 6,667 4,705 1,962 324 101 121 121 218 201 226 67 76 80 30 561959 ...................... 6,565 4,621 1,944 324 103 121 121 217 196 227 70 77 81 34 761960 ...................... 6,155 4,260 1,895 324 102 121 123 205 196 208 69 77 82 34 731961 ...................... 5,994 4,135 1,859 302 101 121 121 200 195 201 69 76 84 37 721962 ...................... 5,841 3,997 1,844 295 103 120 119 200 195 202 72 79 85 41 721963 ...................... 5,500 3,700 1,800 298 103 120 119 192 195 190 74 82 86 45 711964 ...................... 5,206 3,585 1,621 298 101 121 121 180 175 182 73 79 88 49 681965 ...................... 4,964 3,465 1,499 298 101 121 123 176 165 181 73 79 89 50 701966 ...................... 4,574 3,224 1,350 294 102 121 126 163 149 170 78 85 91 55 701967 ...................... 4,303 3,036 1,267 306 102 122 131 154 138 161 79 86 90 62 731968 ...................... 4,207 2,974 1,233 300 103 123 136 153 134 162 81 87 90 66 711969 ...................... 4,050 2,843 1,207 290 105 123 139 150 135 158 83 91 92 74 691970 ...................... 3,951 2,727 1,224 293 104 122 140 144 136 147 84 92 92 79 651971 ...................... 3,868 2,665 1,203 305 104 121 142 142 134 145 86 94 90 86 661972 ...................... 3,870 2,664 1,206 294 106 121 142 141 134 144 89 98 89 94 651973 ...................... 3,947 2,702 1,245 321 107 120 145 140 136 141 91 97 90 110 701974 ...................... 3,919 2,588 1,331 328 106 121 153 139 145 136 89 94 86 115 681975 ...................... 3,818 2,481 1,337 336 103 123 159 137 147 131 84 91 102 79 711976 ...................... 3,741 2,369 1,372 337 106 124 163 135 149 127 88 94 114 89 751977 ...................... 3,660 2,347 1,313 345 106 126 169 131 145 124 89 94 120 88 741978 ...................... 3,682 2,410 1,272 338 113 127 173 129 136 125 100 105 126 92 891979 ...................... 3,549 2,320 1,229 348 115 128 179 131 141 125 103 109 115 100 941980 ...................... 3,605 2,302 1,303 352 114 130 186 128 140 121 101 109 112 100 851981 ...................... 3,497 2,241 1,256 366 110 129 187 127 140 121 95 103 108 94 811982 ...................... 3,335 2,142 1,193 362 109 127 184 118 125 114 96 106 101 83 881983 ...................... 3,282 1,991 1,291 306 108 125 176 117 138 106 96 106 98 77 871984 ...................... 3,091 1,930 1,161 348 105 121 168 113 129 105 93 99 102 90 851985 ...................... 2,760 1,753 1,007 342 102 119 159 105 117 98 91 99 91 83 871986 ...................... 2,693 1,740 953 325 100 115 148 106 112 103 90 100 85 81 801987 ...................... 2,681 1,717 964 302 100 112 137 108 115 105 91 99 95 78 831988 ...................... 2,727 1,725 1,002 297 99 109 130 110 118 105 91 99 95 78 831989 ...................... 2,637 1,709 928 318 98 107 125 106 111 103 90 95 94 84 891990 ...................... 2,568 1,649 919 322 99 106 121 99 111 93 94 101 94 88 851991 ...................... 2,591 1,682 909 318 99 105 118 100 110 94 96 101 94 93 891992 ...................... 2,505 1,640 865 319 98 104 114 97 104 94 95 101 92 93 851993 ...................... 2,367 1,510 857 308 99 103 110 93 104 88 99 103 93 95 951994 ...................... 2,613 1,774 839 321 102 102 106 107 101 111 101 103 95 94 1001995 ...................... 2,597 1,730 867 314 105 101 103 108 105 110 105 109 100 94 1051996 ...................... 2,433 1,602 831 326 100 100 100 100 100 100 100 100 100 100 1001997 ...................... 2,432 1,557 875 333 103 100 98 99 105 96 105 105 102 103 1061998 ...................... 2,284 1,405 879 326 104 99 98 94 107 87 110 111 103 105 1131999 ...................... 2,239 1,326 913 327 105 99 98 93 112 84 114 116 105 104 1172000 ...................... 2,126 1,249 877 325 101 98 98 84 94 79 109 114 103 103 1072001 ...................... 2,084 1,211 873 321 100 98 98 84 95 78 108 111 100 100 1102002 ...................... 2,115 1,243 872 316 100 98 99 85 96 79 107 110 109 100 1042003 ...................... 2,066 1,181 885 324 98 97 100 82 94 76 105 114 91 93 1012004 ...................... 2,012 1,188 824 321 96 97 103 79 87 75 103 112 98 95 982005 ...................... 1,988 1,208 780 321 97 98 107 79 87 74 105 113 91 96 1032006 ...................... 1,900 1,148 752 312 96 98 109 74 83 69 107 114 87 96 1052007 ...................... 1,832 1,082 750 322 101 97 109 76 90 68 114 118 100 105 1152008 ...................... 1,786 1,054 732 327 94 97 111 73 86 67 102 110 88 84 1072009 p .................... ........... .............. ............. 319 ........... ........... ........... ........... ........... ........... ........... ........... ........... ........... .............

1 Persons involved in farmwork. Total farm employment is the sum of self-employed and unpaid family workers and hired workers shown here.2 Data from Current Population Survey (CPS) conducted by the Department of Commerce, Census Bureau, for the Department of Labor, Bureau of Labor

Statistics.3 Data from national income and product accounts from Department of Commerce, Bureau of Economic Analysis.4 Acreage harvested plus acreages in fruits, tree nuts, and vegetables and minor crops. Includes double-cropping.5 Consists of petroleum fuels, natural gas, electricity, hydraulic fluids, and lubricants.Source: Department of Agriculture (Economic Research Service).

446 | Appendix B

Table B–101. Agricultural price indexes and farm real estate value, 1975–2009[1990-92=100, except as noted]

Year or month

Prices received byfarmers Prices paid by farmers

Adden-dum:

Averagefarmreal

estatevalueperacre

(dollars) 3

Allfarmprod-ucts

Crops

Live-stockand

prod-ucts

Allcom-

modities,serv-ices,

interest,taxes,and

wagerates 1

Production items

WageratesTotal 2 Feed

Live-stockand

poul-try

Fertil-izer

Agri-cul-tural

chemi-cals

FuelsFarmma-chin-ery

Farmserv-ices

Rent

1975 ...................... 73 88 62 47 55 83 39 87 72 40 38 48 44 3401976 ...................... 75 87 64 50 59 83 47 74 78 43 43 52 48 3971977 ...................... 73 83 64 53 61 82 48 72 71 46 47 57 51 4741978 ...................... 83 89 78 58 67 80 65 72 66 48 51 60 55 5311979 ...................... 94 98 90 66 76 89 88 77 67 61 56 66 60 6281980 ...................... 98 107 89 75 85 98 85 96 71 86 63 81 65 7371981 ...................... 100 111 89 82 92 110 80 104 77 98 70 89 70 8191982 ...................... 94 98 90 86 94 99 78 105 83 97 76 96 74 8231983 ...................... 98 108 88 86 92 107 76 100 87 94 81 82 76 7881984 ...................... 101 111 91 89 94 112 73 103 90 93 85 86 77 8011985 ...................... 91 98 86 86 91 95 74 98 90 93 85 85 78 7131986 ...................... 87 87 88 85 86 88 73 90 89 76 83 83 81 6401987 ...................... 89 86 91 87 87 83 85 86 87 76 85 84 85 5991988 ...................... 99 104 93 91 90 104 91 94 89 77 89 85 87 6321989 ...................... 104 109 100 96 95 110 93 99 93 83 94 91 95 6681990 ...................... 104 103 105 99 99 103 102 97 95 100 96 96 96 96 6831991 ...................... 100 101 99 100 100 98 102 103 101 104 100 98 100 100 7031992 ...................... 98 101 97 101 101 99 96 100 103 96 104 103 104 105 7131993 ...................... 101 102 100 104 104 102 104 96 109 93 107 110 100 108 7361994 ...................... 100 105 95 106 106 106 94 105 112 89 113 110 108 111 7981995 ...................... 102 112 92 109 108 103 82 121 116 89 120 115 117 114 8441996 ...................... 112 127 99 115 115 129 75 125 119 102 125 116 128 117 8871997 ...................... 107 115 98 118 119 125 94 121 121 106 128 116 136 123 9261998 ...................... 102 107 97 115 113 111 88 112 122 84 132 115 120 129 9741999 ...................... 96 97 95 115 111 100 95 105 121 94 135 114 113 135 1,0302000 ...................... 96 96 97 119 115 102 110 110 120 129 139 118 110 140 1,0902001 ...................... 102 99 106 123 120 109 111 123 121 121 144 120 117 146 1,1502002 ...................... 98 105 90 124 119 112 102 108 119 115 148 120 120 153 1,2102003 ...................... 106 110 103 128 124 114 109 124 121 140 151 125 123 157 1,2702004 ...................... 118 115 122 134 132 121 128 140 121 165 162 127 126 160 1,3602005 ...................... 114 110 119 142 140 117 138 164 123 216 173 133 129 165 1,6102006 ...................... 115 120 111 150 148 124 134 176 128 239 182 139 141 171 1,8302007 ...................... 136 142 130 161 160 149 131 216 129 264 191 146 147 177 2,0102008 ...................... 149 169 130 183 190 194 124 392 139 344 209 146 165 183 2,1702009 ...................... 131 150 112 179 183 186 115 288 147 228 223 159 178 187 2,1002008: Jan ............. 145 159 129 170 171 168 123 275 133 307 198 143 165 187 2,170

Feb ............. 146 164 131 172 174 176 128 291 133 311 199 143 165 187 ................Mar ............ 146 167 129 175 178 183 125 315 134 349 199 144 165 187 ................Apr ............. 146 169 128 180 185 185 122 344 135 369 202 144 165 183 ................May ............ 152 173 134 184 192 198 127 364 136 400 207 145 165 183 ................June ........... 158 183 137 188 197 202 124 406 138 425 208 147 165 183 ................July ............ 159 182 138 192 202 216 124 441 140 429 210 148 165 179 ................Aug ............. 156 177 137 192 203 215 128 469 141 393 212 148 165 179 ................Sept ............ 154 174 133 191 201 209 125 479 143 372 214 148 165 179 ................Oct .............. 150 168 127 187 196 196 118 479 144 317 215 148 165 185 ................Nov ............. 142 158 123 183 190 191 118 443 146 247 221 147 165 185 ................Dec ............. 135 150 119 179 184 184 127 396 145 207 216 147 165 185 ................

2009: Jan ............. 139 161 114 180 184 189 120 340 142 204 214 160 178 189 2,100Feb ............. 126 146 109 179 183 187 118 325 148 198 219 159 178 189 ................Mar ............ 126 147 109 180 184 185 119 320 151 191 220 159 178 189 ................Apr ............. 129 151 112 180 185 185 122 327 151 200 220 159 178 187 ................May ............ 130 150 113 180 185 193 118 309 151 207 220 159 178 187 ................June ........... 134 159 112 180 184 197 112 281 145 237 220 160 178 187 ................July ............ 131 150 112 179 182 190 113 271 146 230 226 159 178 184 ................Aug ............. 127 147 109 178 181 185 111 257 141 241 226 159 178 184 ................Sept ............ 126 142 108 177 180 180 109 261 142 245 227 159 178 184 ................Oct .............. 134 151 110 178 180 180 110 253 143 252 226 159 178 188 ................Nov ............. 135 153 115 179 182 182 113 254 150 265 226 158 178 188 ................Dec ............. 135 148 119 179 182 182 114 258 150 266 227 158 178 188 ................

1 Includes items used for family living, not shown separately.2 Includes other production items, not shown separately.3 Average for 48 States. Annual data are: March 1 for 1975, February 1 for 1976–81, April 1 for 1982–85, February 1 for 1986–89, and January 1 for

1990–2009.Source: Department of Agriculture (National Agricultural Statistics Service).

Agriculture | 447

Table B–102. U.S. exports and imports of agricultural commodities, 1950–2009[Billions of dollars]

Year

Exports ImportsAgri-

culturaltrade

balanceTotal 1 Feedgrains

Foodgrains 2

Oilseedsand

prod-ucts

Cotton TobaccoAnimals

andprod-ucts

Total 1

Fruits,nuts,andveg-

etables 3

Animalsand

prod-ucts

Coffee

Cocoabeansand

prod-ucts

1950 ...................... 2.9 0.2 0.6 0.2 1.0 0.3 0.3 4.0 0.2 0.7 1.1 0.2 –1.11951 ...................... 4.0 .3 1.1 .3 1.1 .3 .5 5.2 .2 1.1 1.4 .2 –1.11952 ...................... 3.4 .3 1.1 .2 .9 .2 .3 4.5 .2 .7 1.4 .2 –1.11953 ...................... 2.8 .3 .7 .2 .5 .3 .4 4.2 .2 .6 1.5 .2 –1.31954 ...................... 3.1 .2 .5 .3 .8 .3 .5 4.0 .2 .5 1.5 .3 –.91955 ...................... 3.2 .3 .6 .4 .5 .4 .6 4.0 .2 .5 1.4 .2 –.81956 ...................... 4.2 .4 1.0 .5 .7 .3 .7 4.0 .2 .4 1.4 .2 .21957 ...................... 4.5 .3 1.0 .5 1.0 .4 .7 4.0 .2 .5 1.4 .2 .61958 ...................... 3.9 .5 .8 .4 .7 .4 .5 3.9 .2 .7 1.2 .2 *1959 ...................... 4.0 .6 .9 .6 .4 .3 .6 4.1 .2 .8 1.1 .2 –.11960 ...................... 4.8 .5 1.2 .6 1.0 .4 .6 3.8 .2 .6 1.0 .2 1.01961 ...................... 5.0 .5 1.4 .6 .9 .4 .6 3.7 .2 .7 1.0 .2 1.31962 ...................... 5.0 .8 1.3 .7 .5 .4 .6 3.9 .2 .9 1.0 .2 1.21963 ...................... 5.6 .8 1.5 .8 .6 .4 .7 4.0 .3 .9 1.0 .2 1.61964 ...................... 6.3 .9 1.7 1.0 .7 .4 .8 4.1 .3 .8 1.2 .2 2.31965 ...................... 6.2 1.1 1.4 1.2 .5 .4 .8 4.1 .3 .9 1.1 .1 2.11966 ...................... 6.9 1.3 1.8 1.2 .4 .5 .7 4.5 .4 1.2 1.1 .1 2.41967 ...................... 6.4 1.1 1.5 1.3 .5 .5 .7 4.5 .4 1.1 1.0 .2 1.91968 ...................... 6.3 .9 1.4 1.3 .5 .5 .7 5.0 .5 1.3 1.2 .2 1.31969 ...................... 6.0 .9 1.2 1.3 .3 .6 .8 5.0 .5 1.4 .9 .2 1.11970 ...................... 7.3 1.1 1.4 1.9 .4 .5 .9 5.8 .5 1.6 1.2 .3 1.51971 ...................... 7.7 1.0 1.3 2.2 .6 .5 1.0 5.8 .6 1.5 1.2 .2 1.91972 ...................... 9.4 1.5 1.8 2.4 .5 .7 1.1 6.5 .7 1.8 1.3 .2 2.91973 ...................... 17.7 3.5 4.7 4.3 .9 .7 1.6 8.4 .8 2.6 1.7 .3 9.31974 ...................... 21.9 4.6 5.4 5.7 1.3 .8 1.8 10.2 .8 2.2 1.6 .5 11.71975 ...................... 21.9 5.2 6.2 4.5 1.0 .9 1.7 9.3 .8 1.8 1.7 .5 12.61976 ...................... 23.0 6.0 4.7 5.1 1.0 .9 2.4 11.0 .9 2.3 2.9 .6 12.01977 ...................... 23.6 4.9 3.6 6.6 1.5 1.1 2.7 13.4 1.2 2.3 4.2 1.0 10.21978 ...................... 29.4 5.9 5.5 8.2 1.7 1.4 3.0 14.8 1.5 3.1 4.0 1.4 14.61979 ...................... 34.7 7.7 6.3 8.9 2.2 1.2 3.8 16.7 1.7 3.9 4.2 1.2 18.01980 ...................... 41.2 9.8 7.9 9.4 2.9 1.3 3.8 17.4 1.7 3.8 4.2 .9 23.81981 ...................... 43.3 9.4 9.6 9.6 2.3 1.5 4.2 16.9 2.0 3.5 2.9 .9 26.41982 ...................... 36.6 6.4 7.9 9.1 2.0 1.5 3.9 15.3 2.3 3.7 2.9 .7 21.31983 ...................... 36.1 7.3 7.4 8.7 1.8 1.5 3.8 16.5 2.3 3.8 2.8 .8 19.61984 ...................... 37.8 8.1 7.5 8.4 2.4 1.5 4.2 19.3 3.1 4.1 3.3 1.1 18.51985 ...................... 29.0 6.0 4.5 5.8 1.6 1.5 4.1 20.0 3.5 4.2 3.3 1.4 9.11986 ...................... 26.2 3.1 3.8 6.5 .8 1.2 4.5 21.5 3.6 4.5 4.6 1.1 4.71987 ...................... 28.7 3.8 3.8 6.4 1.6 1.1 5.2 20.4 3.6 4.9 2.9 1.2 8.31988 ...................... 37.1 5.9 5.9 7.7 2.0 1.3 6.4 21.0 3.8 5.2 2.5 1.0 16.11989 ...................... 40.0 7.7 7.1 6.4 2.2 1.3 6.4 21.9 4.1 5.1 2.4 1.0 18.21990 ...................... 39.5 7.0 4.8 5.7 2.8 1.4 6.6 22.9 4.6 5.7 1.9 1.1 16.61991 ...................... 39.4 5.7 4.2 6.4 2.5 1.4 7.0 22.9 4.6 5.5 1.9 1.1 16.51992 ...................... 43.2 5.8 5.4 7.3 2.0 1.6 7.9 24.8 4.7 5.7 1.7 1.1 18.41993 ...................... 43.0 5.0 5.7 7.3 1.6 1.3 8.0 25.1 5.0 5.9 1.5 1.0 17.91994 ...................... 46.2 4.7 5.3 7.2 2.6 1.3 9.2 27.0 5.3 5.8 2.5 1.0 19.21995 ...................... 56.2 8.1 6.7 8.9 3.7 1.4 10.9 30.3 5.9 6.0 3.3 1.1 25.91996 ...................... 60.4 9.4 7.4 10.8 2.7 1.4 11.1 33.5 6.6 6.1 2.8 1.4 26.91997 ...................... 57.1 6.0 5.3 12.1 2.7 1.5 11.3 36.1 6.9 6.5 3.9 1.5 21.01998 ...................... 51.8 5.0 5.0 9.5 2.6 1.5 10.6 36.9 7.7 6.9 3.4 1.7 14.91999 ...................... 48.4 5.5 4.7 8.1 1.0 1.3 10.4 37.7 8.5 7.3 2.9 1.5 10.72000 ...................... 51.3 5.2 4.3 8.6 1.9 1.2 11.6 39.0 8.6 8.4 2.7 1.4 12.32001 ...................... 53.7 5.2 4.2 9.2 2.2 1.3 12.4 39.4 9.0 9.2 1.7 1.5 14.32002 ...................... 53.1 5.5 4.5 9.6 2.0 1.0 11.1 41.9 9.7 9.0 1.7 1.8 11.22003 ...................... 59.4 5.4 5.0 11.7 3.4 1.0 12.2 47.4 10.8 8.9 2.0 2.4 12.02004 ...................... 61.4 6.4 6.3 10.4 4.2 1.0 10.4 54.0 12.2 10.6 2.3 2.5 7.42005 ...................... 63.2 5.4 5.7 10.2 3.9 1.0 12.2 59.3 13.4 11.5 3.0 2.8 3.92006 ...................... 70.9 7.7 5.5 11.3 4.5 1.1 13.5 65.3 14.6 11.5 3.3 2.7 5.62007 ...................... 90.0 10.9 9.9 15.6 4.6 1.2 17.2 71.9 16.3 12.4 3.8 2.7 18.12008 ...................... 115.3 14.9 13.6 23.7 4.8 1.2 21.8 80.5 17.6 12.0 4.4 3.3 34.8Jan-Nov:2008 ...................... 107.1 14.1 13.0 21.5 4.6 1.1 20.4 73.9 16.0 10.9 4.1 2.9 33.22009 ...................... 88.6 8.7 7.1 20.6 3.1 1.0 16.5 65.4 15.9 9.2 3.7 3.0 23.2

* Less than $50 million.1 Total includes items not shown separately.2 Rice, wheat, and wheat flour.3 Includes fruit, nut, and vegetable preparations. Beginning with 1989, data include bananas but exclude yeasts, starches, and other minor horticultural

products.Note: Data derived from official estimates released by the Bureau of the Census, Department of Commerce. Agricultural commodities are defined as (1)

nonmarine food products and (2) other products of agriculture that have not passed through complex processes of manufacture. Export value, at U.S. port ofexportation, is based on the selling price and includes inland freight, insurance, and other charges to the port. Import value, defined generally as the marketvalue in the foreign country, excludes import duties, ocean freight, and marine insurance.

Source: Department of Agriculture (Economic Research Service).

448 | Appendix B

Table B–103. U.S. international transactions, 1946–2009[Millions of dollars; quarterly data seasonally adjusted. Credits (+), debits (–)]

Year or quarter

Goods 1 ServicesBalance

ongoodsand

services

Income receipts and paymentsUnilat-

eralcurrenttrans-fers,net 2

Balanceon

currentaccountExports Imports

Balanceon

goods

Netmilitarytrans-

actions 2

Nettraveland

trans-por-

tation

Otherservices,

netReceipts Payments

Balanceon

income

1946 ...................... 11,764 –5,067 6,697 –424 733 310 7,316 772 –212 560 –2,991 4,8851947 ...................... 16,097 –5,973 10,124 –358 946 145 10,857 1,102 –245 857 –2,722 8,9921948 ...................... 13,265 –7,557 5,708 –351 374 175 5,906 1,921 –437 1,484 –4,973 2,4171949 ...................... 12,213 –6,874 5,339 –410 230 208 5,367 1,831 –476 1,355 –5,849 8731950 ...................... 10,203 –9,081 1,122 –56 –120 242 1,188 2,068 –559 1,509 –4,537 –1,8401951 ...................... 14,243 –11,176 3,067 169 298 254 3,788 2,633 –583 2,050 –4,954 8841952 ...................... 13,449 –10,838 2,611 528 83 309 3,531 2,751 –555 2,196 –5,113 6141953 ...................... 12,412 –10,975 1,437 1,753 –238 307 3,259 2,736 –624 2,112 –6,657 –1,2861954 ...................... 12,929 –10,353 2,576 902 –269 305 3,514 2,929 –582 2,347 –5,642 2191955 ...................... 14,424 –11,527 2,897 –113 –297 299 2,786 3,406 –676 2,730 –5,086 4301956 ...................... 17,556 –12,803 4,753 –221 –361 447 4,618 3,837 –735 3,102 –4,990 2,7301957 ...................... 19,562 –13,291 6,271 –423 –189 482 6,141 4,180 –796 3,384 –4,763 4,7621958 ...................... 16,414 –12,952 3,462 –849 –633 486 2,466 3,790 –825 2,965 –4,647 7841959 ...................... 16,458 –15,310 1,148 –831 –821 573 69 4,132 –1,061 3,071 –4,422 –1,2821960 ...................... 19,650 –14,758 4,892 –1,057 –964 639 3,508 4,616 –1,238 3,379 –4,062 2,8241961 ...................... 20,108 –14,537 5,571 –1,131 –978 732 4,195 4,999 –1,245 3,755 –4,127 3,8221962 ...................... 20,781 –16,260 4,521 –912 –1,152 912 3,370 5,618 –1,324 4,294 –4,277 3,3871963 ...................... 22,272 –17,048 5,224 –742 –1,309 1,036 4,210 6,157 –1,560 4,596 –4,392 4,4141964 ...................... 25,501 –18,700 6,801 –794 –1,146 1,161 6,022 6,824 –1,783 5,041 –4,240 6,8231965 ...................... 26,461 –21,510 4,951 –487 –1,280 1,480 4,664 7,437 –2,088 5,350 –4,583 5,4311966 ...................... 29,310 –25,493 3,817 –1,043 –1,331 1,497 2,940 7,528 –2,481 5,047 –4,955 3,0311967 ...................... 30,666 –26,866 3,800 –1,187 –1,750 1,742 2,604 8,021 –2,747 5,274 –5,294 2,5831968 ...................... 33,626 –32,991 635 –596 –1,548 1,759 250 9,367 –3,378 5,990 –5,629 6111969 ...................... 36,414 –35,807 607 –718 –1,763 1,964 91 10,913 –4,869 6,044 –5,735 3991970 ...................... 42,469 –39,866 2,603 –641 –2,038 2,330 2,254 11,748 –5,515 6,233 –6,156 2,3311971 ...................... 43,319 –45,579 –2,260 653 –2,345 2,649 –1,303 12,707 –5,435 7,272 –7,402 –1,4331972 ...................... 49,381 –55,797 –6,416 1,072 –3,063 2,965 –5,443 14,765 –6,572 8,192 –8,544 –5,7951973 ...................... 71,410 –70,499 911 740 –3,158 3,406 1,900 21,808 –9,655 12,153 –6,913 7,1401974 ...................... 98,306 –103,811 –5,505 165 –3,184 4,231 –4,292 27,587 –12,084 15,503 –9,249 1,9621975 ...................... 107,088 –98,185 8,903 1,461 –2,812 4,854 12,404 25,351 –12,564 12,787 –7,075 18,1161976 ...................... 114,745 –124,228 –9,483 931 –2,558 5,027 –6,082 29,375 –13,311 16,063 –5,686 4,2951977 ...................... 120,816 –151,907 –31,091 1,731 –3,565 5,680 –27,246 32,354 –14,217 18,137 –5,226 –14,3351978 ...................... 142,075 –176,002 –33,927 857 –3,573 6,879 –29,763 42,088 –21,680 20,408 –5,788 –15,1431979 ...................... 184,439 –212,007 –27,568 –1,313 –2,935 7,251 –24,565 63,834 –32,961 30,873 –6,593 –2851980 ...................... 224,250 –249,750 –25,500 –1,822 –997 8,912 –19,407 72,606 –42,532 30,073 –8,349 2,3171981 ...................... 237,044 –265,067 –28,023 –844 144 12,552 –16,172 86,529 –53,626 32,903 –11,702 5,0301982 ...................... 211,157 –247,642 –36,485 112 –992 13,209 –24,156 91,747 –56,583 35,164 –16,544 –5,5361983 ...................... 201,799 –268,901 –67,102 –563 –4,227 14,124 –57,767 90,000 –53,614 36,386 –17,310 –38,6911984 ...................... 219,926 –332,418 –112,492 –2,547 –8,438 14,404 –109,073 108,819 –73,756 35,063 –20,335 –94,3441985 ...................... 215,915 –338,088 –122,173 –4,390 –9,798 14,483 –121,880 98,542 –72,819 25,723 –21,998 –118,1551986 ...................... 223,344 –368,425 –145,081 –5,181 –8,779 20,502 –138,538 97,064 –81,571 15,494 –24,132 –147,1771987 ...................... 250,208 –409,765 –159,557 –3,844 –8,010 19,728 –151,684 108,184 –93,891 14,293 –23,265 –160,6551988 ...................... 320,230 –447,189 –126,959 –6,320 –3,013 21,725 –114,566 136,713 –118,026 18,687 –25,274 –121,1531989 ...................... 359,916 –477,665 –117,749 –6,749 3,551 27,805 –93,142 161,287 –141,463 19,824 –26,169 –99,4861990 ...................... 387,401 –498,438 –111,037 –7,599 7,501 30,270 –80,864 171,742 –143,192 28,550 –26,654 –78,9681991 ...................... 414,083 –491,020 –76,937 –5,275 16,560 34,516 –31,136 149,214 –125,085 24,131 9,904 2,8971992 ...................... 439,631 –536,528 –96,897 –1,448 19,969 39,164 –39,212 133,766 –109,531 24,234 –36,636 –51,6131993 ...................... 456,943 –589,394 –132,451 1,383 19,714 41,040 –70,311 136,057 –110,741 25,316 –39,811 –84,8051994 ...................... 502,859 –668,690 –165,831 2,570 16,305 48,463 –98,493 166,521 –149,375 17,146 –40,265 –121,6121995 ...................... 575,204 –749,374 –174,170 4,600 21,772 51,414 –96,384 210,244 –189,353 20,891 –38,074 –113,5671996 ...................... 612,113 –803,113 –191,000 5,385 25,015 56,535 –104,065 226,129 –203,811 22,318 –43,017 –124,7641997 ...................... 678,366 –876,794 –198,428 4,968 22,152 63,035 –108,273 256,804 –244,195 12,609 –45,062 –140,7261998 ...................... 670,416 –918,637 –248,221 5,220 10,210 66,651 –166,140 261,819 –257,554 4,265 –53,187 –215,0621999 ...................... 683,965 –1,031,784 –347,819 2,593 7,085 73,051 –265,090 293,925 –280,037 13,888 –50,428 –301,6302000 ...................... 771,994 –1,226,684 –454,690 317 2,486 72,052 –379,835 350,918 –329,864 21,054 –58,645 –417,4262001 ...................... 718,711 –1,148,609 –429,898 –2,296 –3,254 69,943 –365,505 290,797 –259,075 31,722 –64,487 –398,2702002 ...................... 685,170 –1,168,002 –482,831 –7,158 –4,245 72,633 –421,601 280,942 –253,544 27,398 –64,948 –459,1512003 ...................... 715,848 –1,264,860 –549,012 –11,981 –11,475 77,433 –495,034 320,456 –275,147 45,309 –71,794 –521,5192004 ...................... 806,161 –1,477,996 –671,835 –13,518 –14,275 89,640 –609,987 413,739 –346,519 67,219 –88,362 –631,1302005 ...................... 892,337 –1,683,188 –790,851 –10,536 –13,006 99,124 –715,268 535,263 –462,905 72,358 –105,772 –748,6832006 ...................... 1,015,812 –1,863,072 –847,260 –7,119 –10,873 104,893 –760,359 682,221 –634,136 48,085 –91,273 –803,5472007 ...................... 1,138,384 –1,969,375 –830,992 –7,384 2,345 134,609 –701,422 818,931 –728,085 90,845 –115,996 –726,5732008 ...................... 1,276,994 –2,117,245 –840,252 –13,881 16,175 142,021 –695,936 764,637 –646,406 118,231 –128,363 –706,0682008: I .................. 315,637 –534,482 –218,846 –2,543 3,076 35,659 –182,653 202,927 –166,241 36,686 –33,330 –179,298

II ................. 332,876 –554,372 –221,496 –3,055 4,922 36,784 –182,847 198,796 –172,521 26,274 –31,147 –187,719III ................ 337,912 –559,002 –221,090 –4,664 5,595 34,217 –185,942 195,319 –161,194 34,125 –32,361 –184,178IV ................ 290,569 –469,389 –178,820 –3,618 2,581 35,363 –144,495 167,596 –146,450 21,146 –31,527 –154,875

2009: I .................. 249,374 –373,411 –124,036 –3,017 1,985 32,661 –92,408 135,352 –117,051 18,301 –30,343 –104,450II ................. 246,134 –361,621 –115,487 –1,855 3,509 32,592 –81,240 135,074 –118,404 16,670 –33,410 –97,980III p .............. 263,911 –396,050 –132,138 –2,044 3,939 32,865 –97,378 140,403 –116,694 23,709 –34,365 –108,034

1 Adjusted from Census data for differences in valuation, coverage, and timing; excludes military.2 Includes transfers of goods and services under U.S. military grant programs.See next page for continuation of table.

International Statistics

International Statistics | 449

Table B–103. U.S. international transactions, 1946–2009—Continued[Millions of dollars; quarterly data seasonally adjusted. Credits (+), debits (–)]

Year or quarter

Capitalaccounttrans-

actions,net

Financial account Statistical discrepancy

U.S.-owned assets abroad,excluding financial derivatives[increase/financial outflow (–)]

Foreign-owned assets in the U.S.,excluding financial derivatives[increase/financial inflow (+)]

Financialderivatives,

net

Total(sum of

theitems

with signreversed)

Ofwhich:

SeasonaladjustmentdiscrepancyTotal

U.S.officialreserveassets 3

OtherU.S.

Govern-ment

assets

U.S.privateassets

TotalForeignofficialassets

Otherforeignassets

1946 ................. ................. ................. –623 ................. ................. ................. ................. ................. .................. ................. ...................1947 ................. ................. ................. –3,315 ................. ................. ................. ................. ................. .................. ................. ...................1948 ................. ................. ................. –1,736 ................. ................. ................. ................. ................. .................. ................. ...................1949 ................. ................. ................. –266 ................. ................. ................. ................. ................. .................. ................. ...................1950 ................. ................. ................. 1,758 ................. ................. ................. ................. ................. .................. ................. ...................1951 ................. ................. ................. –33 ................. ................. ................. ................. ................. .................. ................. ...................1952 ................. ................. ................. –415 ................. ................. ................. ................. ................. .................. ................. ...................1953 ................. ................. ................. 1,256 ................. ................. ................. ................. ................. .................. ................. ...................1954 ................. ................. ................. 480 ................. ................. ................. ................. ................. .................. ................. ...................1955 ................. ................. ................. 182 ................. ................. ................. ................. ................. .................. ................. ...................1956 ................. ................. ................. –869 ................. ................. ................. ................. ................. .................. ................. ...................1957 ................. ................. ................. –1,165 ................. ................. ................. ................. ................. .................. ................. ...................1958 ................. ................. ................. 2,292 ................. ................. ................. ................. ................. .................. ................. ...................1959 ................. ................. ................. 1,035 ................. ................. ................. ................. ................. .................. ................. ...................1960 ................. ................. –4,099 2,145 –1,100 –5,144 2,294 1,473 821 .................. –1,019 ...................1961 ................. ................. –5,538 607 –910 –5,235 2,705 765 1,939 .................. –989 ...................1962 ................. ................. –4,174 1,535 –1,085 –4,623 1,911 1,270 641 .................. –1,124 ...................1963 ................. ................. –7,270 378 –1,662 –5,986 3,217 1,986 1,231 .................. –360 ...................1964 ................. ................. –9,560 171 –1,680 –8,050 3,643 1,660 1,983 .................. –907 ...................1965 ................. ................. –5,716 1,225 –1,605 –5,336 742 134 607 .................. –457 ...................1966 ................. ................. –7,321 570 –1,543 –6,347 3,661 –672 4,333 .................. 629 ...................1967 ................. ................. –9,757 53 –2,423 –7,386 7,379 3,451 3,928 .................. –205 ...................1968 ................. ................. –10,977 –870 –2,274 –7,833 9,928 –774 10,703 .................. 438 ...................1969 ................. ................. –11,585 –1,179 –2,200 –8,206 12,702 –1,301 14,002 .................. –1,516 ...................1970 ................. ................. –9,337 2,481 –1,589 –10,229 7,226 7,775 –550 .................. –219 ...................1971 ................. ................. –12,475 2,349 –1,884 –12,940 23,687 27,596 –3,909 .................. –9,779 ...................1972 ................. ................. –14,497 –4 –1,568 –12,925 22,171 11,185 10,986 .................. –1,879 ...................1973 ................. ................. –22,874 158 –2,644 –20,388 18,388 6,026 12,362 .................. –2,654 ...................1974 ................. ................. –34,745 –1,467 366 –33,643 35,227 10,546 24,682 .................. –2,444 ...................1975 ................. ................. –39,703 –849 –3,474 –35,380 16,870 7,027 9,843 .................. 4,717 ...................1976 ................. ................. –51,269 –2,558 –4,214 –44,498 37,839 17,693 20,147 .................. 9,134 ...................1977 ................. ................. –34,785 –375 –3,693 –30,717 52,770 36,816 15,954 .................. –3,650 ...................1978 ................. ................. –61,130 732 –4,660 –57,202 66,275 33,678 32,597 .................. 9,997 ...................1979 ................. ................. –66,054 –1,133 –3,746 –61,176 40,693 –12,526 53,218 .................. 25,647 ...................1980 ................. ................. –86,967 –8,155 –5,162 –73,651 62,037 16,649 45,388 .................. 22,613 ...................1981 ................. ................. –114,147 –5,175 –5,097 –103,875 85,684 6,053 79,631 .................. 23,433 ...................1982 ................. 199 –127,882 –4,965 –6,131 –116,786 95,056 3,593 91,464 .................. 38,163 ...................1983 ................. 209 –66,373 –1,196 –5,006 –60,172 87,399 5,845 81,554 .................. 17,457 ...................1984 ................. 235 –40,376 –3,131 –5,489 –31,757 116,048 3,140 112,908 .................. 18,437 ...................1985 ................. 315 –44,752 –3,858 –2,821 –38,074 144,231 –1,119 145,349 .................. 18,362 ...................1986 ................. 301 –111,723 312 –2,022 –110,014 228,330 35,648 192,681 .................. 30,269 ...................1987 ................. 365 –79,296 9,149 1,006 –89,450 247,100 45,387 201,713 .................. –7,514 ...................1988 ................. 493 –106,573 –3,912 2,967 –105,628 244,833 39,758 205,075 .................. –17,600 ...................1989 ................. 336 –175,383 –25,293 1,233 –151,323 222,777 8,503 214,274 .................. 51,756 ...................1990 ................. –6,579 –81,234 –2,158 2,317 –81,393 139,357 33,910 105,447 .................. 27,425 ...................1991 ................. –4,479 –64,389 5,763 2,923 –73,075 108,221 17,388 90,833 .................. –42,252 ...................1992 ................. 978 –74,410 3,901 –1,667 –76,644 168,349 40,477 127,872 .................. –43,304 ...................1993 ................. –1,299 –200,551 –1,379 –351 –198,823 279,758 71,753 208,005 .................. 6,898 ...................1994 ................. –1,723 –178,937 5,346 –390 –183,893 303,174 39,583 263,591 .................. –902 ...................1995 ................. –927 –352,264 –9,742 –984 –341,538 435,102 109,880 325,222 .................. 31,656 ...................1996 ................. –735 –413,409 6,668 –989 –419,088 547,885 126,724 421,161 .................. –8,977 ...................1997 ................. –1,027 –485,475 –1,010 68 –484,533 704,452 19,036 685,416 .................. –77,224 ...................1998 ................. –766 –353,829 –6,783 –422 –346,624 420,794 –19,903 440,697 .................. 148,863 ...................1999 ................. –4,939 –504,062 8,747 2,750 –515,559 742,210 43,543 698,667 .................. 68,421 ...................2000 ................. –1,010 –560,523 –290 –941 –559,292 1,038,224 42,758 995,466 .................. –59,265 ...................2001 ................. 11,922 –382,616 –4,911 –486 –377,219 782,870 28,059 754,811 .................. –13,906 ...................2002 ................. –1,470 –294,646 –3,681 345 –291,310 795,161 115,945 679,216 .................. –39,894 ...................2003 ................. –3,480 –325,424 1,523 537 –327,484 858,303 278,069 580,234 .................. –7,880 ...................2004 ................. 1,323 –1,000,870 2,805 1,710 –1,005,385 1,533,201 397,755 1,135,446 .................. 97,476 ...................2005 ................. 11,344 –546,631 14,096 5,539 –566,266 1,247,347 259,268 988,079 .................. 36,623 ...................2006 ................. –3,906 –1,285,729 2,374 5,346 –1,293,449 2,065,169 487,939 1,577,230 29,710 –1,698 ...................2007 ................. –1,895 –1,472,126 –122 –22,273 –1,449,731 2,129,460 480,949 1,648,511 6,222 64,912 ...................2008 ................. 953 –106 –4,848 –529,615 534,357 534,071 487,021 47,050 –28,905 200,055 ...................2008: I ............. –637 –251,501 –276 3,268 –254,493 426,058 208,646 217,412 –7,966 13,344 14,659

II ............ –682 107,343 –1,267 –41,592 150,202 2,003 178,826 –176,823 –2,355 81,410 –3,037III ........... 2,967 29,322 –179 –225,997 255,498 117,897 115,573 2,324 –4,075 38,067 –25,884IV ........... –695 114,730 –3,126 –265,293 383,150 –11,888 –16,024 4,136 –14,509 67,236 14,264

2009: I ............. –710 94,734 –982 244,102 –148,387 –67,757 70,892 –138,649 8,407 69,777 10,571II ............ –719 37,398 –3,632 193,750 –152,720 14,614 124,299 –109,685 11,265 35,422 –1,806III p ......... –686 –294,102 –49,021 57,928 –303,009 332,407 123,584 208,823 .................. 70,416 –20,677

3 Consists of gold, special drawing rights, foreign currencies, and the U.S. reserve position in the International Monetary Fund (IMF).Source: Department of Commerce (Bureau of Economic Analysis).

450 | Appendix B

Table B–104. U.S. international trade in goods by principal end-use category, 1965–2009[Billions of dollars; quarterly data seasonally adjusted]

Year or quarter

Exports Imports

TotalAgri-

culturalprod-ucts

Nonagricultural products

Total

Petro-leumand

prod-ucts

Nonpetroleum products

Total

Indus-trialsup-pliesand

materi-als

Capitalgoodsexceptauto-

motive

Auto-motive Other Total

Indus-trialsup-pliesand

materi-als

Capitalgoodsexceptauto-

motive

Auto-motive Other

1965 ................. 26.5 6.3 20.2 7.6 8.1 1.9 2.6 21.5 2.0 19.5 9.1 1.5 0.9 8.01966 ................. 29.3 6.9 22.4 8.2 8.9 2.4 2.9 25.5 2.1 23.4 10.2 2.2 1.8 9.21967 ................. 30.7 6.5 24.2 8.5 9.9 2.8 3.0 26.9 2.1 24.8 10.0 2.5 2.4 9.91968 ................. 33.6 6.3 27.3 9.6 11.1 3.5 3.2 33.0 2.4 30.6 12.0 2.8 4.0 11.81969 ................. 36.4 6.1 30.3 10.3 12.4 3.9 3.7 35.8 2.6 33.2 11.8 3.4 4.9 13.01970 ................. 42.5 7.4 35.1 12.3 14.7 3.9 4.3 39.9 2.9 36.9 12.4 4.0 5.5 15.01971 ................. 43.3 7.8 35.5 10.9 15.4 4.7 4.5 45.6 3.7 41.9 13.8 4.3 7.4 16.41972 ................. 49.4 9.5 39.9 11.9 16.9 5.5 5.6 55.8 4.7 51.1 16.3 5.9 8.7 20.21973 ................. 71.4 18.0 53.4 17.0 22.0 6.9 7.6 70.5 8.4 62.1 19.6 8.3 10.3 23.91974 ................. 98.3 22.4 75.9 26.3 30.9 8.6 10.0 103.8 26.6 77.2 27.8 9.8 12.0 27.51975 ................. 107.1 22.2 84.8 26.8 36.6 10.6 10.8 98.2 27.0 71.2 24.0 10.2 11.7 25.31976 ................. 114.7 23.4 91.4 28.4 39.1 12.1 11.7 124.2 34.6 89.7 29.8 12.3 16.2 31.41977 ................. 120.8 24.3 96.5 29.8 39.8 13.4 13.5 151.9 45.0 106.9 35.7 14.0 18.6 38.61978 1 ............... 142.1 29.9 112.2 34.2 47.5 15.2 15.3 176.0 42.6 133.4 40.7 19.3 25.0 48.41979 ................. 184.4 35.5 149.0 52.2 60.2 17.9 18.7 212.0 60.4 151.6 47.5 24.6 26.6 52.81980 ................. 224.3 42.0 182.2 65.1 76.3 17.4 23.4 249.8 79.5 170.2 53.0 31.6 28.3 57.41981 ................. 237.0 44.1 193.0 63.6 84.2 19.7 25.5 265.1 78.4 186.7 56.1 37.1 31.0 62.41982 ................. 211.2 37.3 173.9 57.7 76.5 17.2 22.4 247.6 62.0 185.7 48.6 38.4 34.3 64.31983 ................. 201.8 37.1 164.7 52.7 71.7 18.5 21.8 268.9 55.1 213.8 53.7 43.7 43.0 73.31984 ................. 219.9 38.4 181.5 56.8 77.0 22.4 25.3 332.4 58.1 274.4 66.1 60.4 56.5 91.41985 ................. 215.9 29.6 186.3 54.8 79.3 24.9 27.2 338.1 51.4 286.7 62.6 61.3 64.9 97.91986 ................. 223.3 27.2 196.2 59.4 82.8 25.1 28.9 368.4 34.3 334.1 69.9 72.0 78.1 114.21987 ................. 250.2 29.8 220.4 63.7 92.7 27.6 36.4 409.8 42.9 366.8 70.8 85.1 85.2 125.71988 ................. 320.2 38.8 281.4 82.6 119.1 33.4 46.3 447.2 39.6 407.6 83.1 102.2 87.9 134.41989 1 ............... 359.9 41.1 318.8 90.5 136.9 35.1 56.3 477.7 50.9 426.8 84.6 112.3 87.4 142.51990 ................. 387.4 40.2 347.2 97.0 153.0 36.2 61.0 498.4 62.3 436.1 83.0 116.4 88.2 148.51991 ................. 414.1 40.1 374.0 101.6 166.6 39.9 65.9 491.0 51.7 439.3 81.3 121.1 85.5 151.41992 ................. 439.6 44.1 395.6 101.7 176.4 46.9 70.6 536.5 51.6 484.9 89.1 134.8 91.5 169.61993 ................. 456.9 43.6 413.3 105.1 182.7 51.6 74.0 589.4 51.5 537.9 100.8 153.2 102.1 182.01994 ................. 502.9 47.1 455.8 112.7 205.7 57.5 79.9 668.7 51.3 617.4 113.6 185.0 118.1 200.61995 ................. 575.2 57.2 518.0 135.6 234.4 61.4 86.5 749.4 56.0 693.3 128.5 222.1 123.7 219.01996 ................. 612.1 61.5 550.6 138.7 254.0 64.4 93.6 803.1 72.7 730.4 136.1 228.4 128.7 237.11997 ................. 678.4 58.5 619.9 148.6 295.8 73.4 102.0 876.8 71.8 805.0 144.9 253.6 139.4 267.11998 ................. 670.4 53.2 617.3 139.4 299.8 72.5 105.5 918.6 50.9 867.7 151.6 269.8 148.6 297.71999 ................. 684.0 49.7 634.3 140.3 311.2 75.3 107.5 1,031.8 67.8 964.0 156.3 295.7 179.0 333.02000 ................. 772.0 52.8 719.2 163.9 357.0 80.4 117.9 1,226.7 120.3 1,106.4 181.9 347.0 195.9 381.62001 ................. 718.7 54.9 663.8 150.5 321.7 75.4 116.2 1,148.6 103.6 1,045.0 172.5 298.4 189.8 384.32002 ................. 685.2 54.5 630.7 147.6 290.4 78.9 113.7 1,168.0 103.5 1,064.5 164.6 283.9 203.7 412.22003 ................. 715.8 60.9 655.0 162.5 293.7 80.6 118.2 1,264.9 133.1 1,131.8 181.4 296.4 210.1 443.82004 ................. 806.2 62.9 743.2 192.2 327.5 89.2 134.2 1,478.0 180.5 1,297.5 232.5 344.5 228.2 492.42005 ................. 892.3 64.9 827.5 221.5 358.4 98.4 149.2 1,683.2 251.9 1,431.3 272.7 380.7 239.4 538.52006 ................. 1,015.8 72.9 942.9 263.2 404.0 107.3 168.4 1,863.1 302.4 1,560.6 300.1 420.0 256.6 584.02007 ................. 1,138.4 92.1 1,046.3 302.3 433.0 121.3 189.7 1,969.4 331.0 1,638.4 308.4 446.0 259.2 624.82008 ................. 1,277.0 118.0 1,159.0 372.0 457.7 121.5 207.9 2,117.2 453.3 1,664.0 333.1 455.2 233.8 641.92006: I ............. 243.4 17.5 226.0 61.0 97.9 26.7 40.5 454.6 72.9 381.8 74.1 101.9 64.2 141.6

II ............ 252.1 18.0 234.1 65.7 100.8 26.4 41.2 463.8 78.2 385.6 74.4 104.0 64.1 143.0III ........... 255.9 18.4 237.6 67.4 100.9 26.6 42.6 476.4 82.9 393.4 77.1 106.5 62.9 146.9IV ........... 264.4 19.0 245.3 69.1 104.4 27.6 44.3 468.3 68.4 399.9 74.5 107.5 65.4 152.4

2007: I ............. 269.5 20.0 249.5 69.8 104.9 28.9 46.0 475.6 70.5 405.1 74.8 110.0 63.8 156.5II ............ 277.7 21.4 256.2 74.7 105.4 29.9 46.2 483.3 77.8 405.5 78.4 109.9 63.1 154.1III ........... 289.2 24.5 264.7 76.6 109.9 30.6 47.6 494.1 82.3 411.8 78.5 112.1 66.3 154.8IV ........... 302.0 26.2 275.8 81.2 112.9 31.8 49.8 516.4 100.4 416.0 76.7 114.1 66.0 159.3

2008: I ............. 315.6 29.3 286.3 90.7 113.6 31.1 50.9 534.5 112.6 421.9 82.7 115.3 63.7 160.2II ............ 332.9 31.6 301.3 100.0 116.9 31.2 53.2 554.4 124.4 430.0 86.5 117.5 62.1 163.9III ........... 337.9 31.4 306.5 103.1 118.1 31.9 53.5 559.0 130.8 428.2 90.2 115.5 58.1 164.3IV ........... 290.6 25.7 264.8 78.2 109.0 27.3 50.3 469.4 85.4 383.9 73.7 106.9 49.9 153.5

2009: I ............. 249.4 23.6 225.8 63.5 98.4 17.5 46.3 373.4 52.2 321.2 55.2 91.8 32.3 141.9II ............ 246.1 25.2 220.9 65.5 93.3 16.7 45.4 361.6 56.9 304.7 46.9 86.5 31.7 139.5III p ......... 263.9 24.8 239.2 74.4 95.5 21.6 47.6 396.1 68.9 327.2 50.0 91.1 44.5 141.6

1 End-use commodity classifications beginning 1978 and 1989 are not strictly comparable with data for earlier periods. See Survey of Current Business,June 1988 and July 2001.

Note: Data are on a balance of payments basis and exclude military. In June 1990, end-use categories for goods exports were redefined to includereexports (exports of foreign goods); beginning with data for 1978, reexports are assigned to detailed end-use categories in the same manner as exports ofdomestic goods.

Source: Department of Commerce (Bureau of Economic Analysis).

International Statistics | 451

Table B–105. U.S. international trade in goods by area, 2001–2009[Millions of dollars]

Item 2001 2002 2003 2004 2005 2006 2007 20082009 first3 quartersat annual

rate 1

EXPORTSTotal, all countries ........................................................ 718,711 685,170 715,848 806,161 892,337 1,015,812 1,138,384 1,276,994 1,012,559

Europe .................................................................... 178,229 161,116 169,249 188,913 207,503 239,764 279,476 321,151 251,943Euro area 2 ...................................................... 111,025 104,242 110,301 123,972 134,920 152,282 176,484 198,538 157,255

France ....................................................... 19,693 18,897 16,891 20,770 22,120 23,339 26,436 28,603 26,045Germany ................................................... 29,363 26,125 28,422 31,016 33,787 40,770 49,106 54,209 41,933Italy ........................................................... 9,715 9,898 10,378 10,547 11,342 12,398 14,003 15,330 11,920

United Kingdom .............................................. 39,701 32,627 33,233 35,336 37,842 44,526 49,395 52,868 44,793Canada ................................................................... 163,259 160,915 169,929 189,982 212,192 230,983 249,949 261,872 200,239Latin America and Other Western Hemisphere .... 158,969 148,337 149,049 171,800 192,257 221,626 242,312 287,806 229,384

Brazil ............................................................... 15,789 12,310 11,139 13,756 15,212 18,832 24,061 32,175 24,999Mexico ............................................................ 101,181 97,305 97,248 110,606 120,160 133,658 135,811 151,147 124,031Venezuela ....................................................... 5,600 4,021 2,827 4,761 6,413 8,994 10,193 12,604 9,453

Asia and Pacific ..................................................... 188,731 186,871 199,192 220,914 236,019 270,810 301,190 325,948 266,709China ............................................................... 19,108 22,043 28,292 34,324 41,072 53,528 62,786 69,552 62,636India ................................................................ 3,754 4,098 4,980 6,101 7,914 9,622 14,885 17,623 16,599Japan .............................................................. 55,879 50,298 50,845 52,271 53,118 57,153 60,421 64,457 49,728Korea, Republic of .......................................... 21,203 21,881 23,542 25,581 27,112 31,671 33,657 33,913 26,557Singapore ........................................................ 17,338 16,042 16,287 19,199 20,212 23,550 25,379 27,633 21,087Taiwan ............................................................ 17,394 18,027 17,065 21,157 21,016 22,334 25,415 24,636 16,491

Middle East ............................................................ 18,142 18,061 18,270 21,784 29,634 34,782 42,744 52,343 40,525Africa ..................................................................... 11,383 9,870 10,158 12,768 14,733 17,847 22,713 27,873 23,759Memorandum: Members of OPEC 3 ..................... 19,502 17,895 16,662 21,723 31,052 37,994 47,607 63,669 47,077

IMPORTSTotal, all countries ........................................................ 1,148,609 1,168,002 1,264,860 1,477,996 1,683,188 1,863,072 1,969,375 2,117,245 1,508,109

Europe .................................................................... 255,988 261,340 285,282 321,505 355,431 383,816 411,205 440,802 322,091Euro area 2 ...................................................... 166,509 172,762 187,948 209,767 229,233 246,867 268,798 277,728 207,759

France ....................................................... 30,422 28,290 29,244 31,608 33,848 37,037 41,544 44,036 33,608Germany ................................................... 59,141 62,540 68,201 77,350 84,992 89,242 94,306 97,597 68,132Italy ........................................................... 23,768 24,209 25,397 28,096 30,975 32,660 35,027 36,140 26,160

United Kingdom .............................................. 41,185 40,596 42,610 46,087 50,800 53,187 56,367 57,884 45,407Canada ................................................................... 219,358 212,431 225,357 260,386 295,060 307,109 320,786 342,920 219,735Latin America and Other Western Hemisphere .... 199,923 205,610 218,665 257,114 296,315 335,493 349,409 379,783 275,707

Brazil ............................................................... 14,468 15,782 17,917 21,164 24,441 26,373 25,650 30,449 19,681Mexico ............................................................ 132,542 136,117 139,834 158,464 173,436 201,812 214,582 219,808 170,528Venezuela ....................................................... 15,251 15,094 17,136 24,921 33,978 37,134 39,910 51,424 26,755

Asia and Pacific ..................................................... 411,473 432,214 462,062 542,073 608,703 684,325 718,565 729,142 577,561China ............................................................... 102,404 125,316 152,671 196,973 243,886 288,139 321,688 337,963 285,835India ................................................................ 9,755 11,822 13,067 15,577 18,819 21,845 24,102 25,739 21,097Japan .............................................................. 126,685 121,618 118,264 130,094 138,375 148,560 146,037 139,587 90,933Korea, Republic of .......................................... 35,207 35,605 37,238 46,177 43,791 45,811 47,547 48,062 39,115Singapore ........................................................ 15,080 14,821 15,162 15,407 15,131 17,712 18,423 15,891 15,624Taiwan ............................................................ 33,641 32,611 32,117 34,985 35,103 38,414 38,489 36,496 27,292

Middle East ............................................................ 36,423 34,303 41,470 51,283 62,467 71,907 77,405 111,108 56,217Africa ..................................................................... 25,444 22,103 32,025 45,636 65,211 80,420 92,005 113,490 56,797Memorandum: Members of OPEC 3 ..................... 59,755 53,247 68,346 94,109 124,942 145,367 174,340 242,575 104,260

BALANCE (excess of exports +)Total, all countries ........................................................ –429,898 –482,831 –549,012 –671,835 –790,851 –847,260 –830,992 –840,252 –495,548

Europe .................................................................... –77,759 –100,224 –116,033 –132,592 –147,928 –144,053 –131,729 –119,651 –70,149Euro area 2 ...................................................... –55,483 –68,520 –77,648 –85,795 –94,313 –94,585 –92,313 –79,190 –50,504

France ....................................................... –10,729 –9,393 –12,354 –10,838 –11,727 –13,698 –15,108 –15,433 –7,564Germany ................................................... –29,778 –36,415 –39,778 –46,334 –51,204 –48,472 –45,200 –43,387 –26,199Italy ........................................................... –14,053 –14,311 –15,020 –17,550 –19,633 –20,262 –21,024 –20,810 –14,239

United Kingdom .............................................. –1,484 –7,969 –9,377 –10,751 –12,958 –8,661 –6,971 –5,015 –615Canada ................................................................... –56,099 –51,516 –55,428 –70,403 –82,868 –76,126 –70,837 –81,049 –19,496Latin America and Other Western Hemisphere .... –40,955 –57,273 –69,615 –85,314 –104,059 –113,867 –107,097 –91,977 –46,324

Brazil ............................................................... 1,321 –3,472 –6,778 –7,408 –9,229 –7,541 –1,588 1,726 5,317Mexico ............................................................ –31,361 –38,812 –42,586 –47,857 –53,276 –68,153 –78,771 –68,661 –46,496Venezuela ....................................................... –9,651 –11,073 –14,309 –20,160 –27,565 –28,140 –29,717 –38,820 –17,304

Asia and Pacific ..................................................... –222,742 –245,344 –262,869 –321,159 –372,684 –413,515 –417,375 –403,194 –310,852China ............................................................... –83,296 –103,274 –124,379 –162,649 –202,813 –234,612 –258,902 –268,411 –223,199India ................................................................ –6,001 –7,724 –8,088 –9,477 –10,905 –12,223 –9,217 –8,116 –4,500Japan .............................................................. –70,806 –71,320 –67,419 –77,823 –85,257 –91,407 –85,616 –75,130 –41,205Korea, Republic of .......................................... –14,004 –13,724 –13,697 –20,596 –16,679 –14,140 –13,890 –14,149 –12,557Singapore ........................................................ 2,258 1,221 1,125 3,793 5,080 5,838 6,956 11,741 5,464Taiwan ............................................................ –16,248 –14,584 –15,052 –13,829 –14,087 –16,080 –13,074 –11,860 –10,801

Middle East ............................................................ –18,282 –16,242 –23,199 –29,499 –32,833 –37,126 –34,661 –58,764 –15,692Africa ..................................................................... –14,062 –12,233 –21,867 –32,867 –50,479 –62,574 –69,292 –85,617 –33,036Memorandum: Members of OPEC 3 ..................... –40,253 –35,351 –51,684 –72,386 –93,889 –107,373 –126,733 –178,907 –57,183

1 Preliminary; seasonally adjusted.2 Euro area consists of: Austria, Belgium, Cyprus (beginning in 2008), Finland, France, Germany, Greece (beginning in 2001), Ireland, Italy, Luxembourg, Malta

(beginning in 2008), Netherlands, Portugal, Slovakia (beginning in 2009), Slovenia (beginning in 2007), and Spain.3 Organization of Petroleum Exporting Countries, consisting of Algeria, Angola (beginning in 2007), Ecuador (beginning in 2007), Indonesia (ending in 2008),

Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates, and Venezuela.Note: Data are on a balance of payments basis and exclude military. For further details, and additional data by country, see Survey of Current Business,

January 2010.Source: Department of Commerce (Bureau of Economic Analysis).

452 | Appendix B

Table B–106. U.S. international trade in goods on balance of payments (BOP) and Censusbasis, and trade in services on BOP basis, 1981–2009

[Billions of dollars; monthly data seasonally adjusted]

Year or month

Goods: Exports(f.a.s. value) 1, 2

Goods: Imports(customs value) 5

Services(BOP basis)

Total,BOP

basis 3

Census basis (by end-use category)

Total,BOPbasis

Census basis (by end-use category)

Ex-ports

Im-portsTotal,

Censusbasis 3, 4

Foods,feeds,

andbev-

erages

Indus-trialsup-pliesand

mate-rials

Capi-tal

goodsexceptauto-mo-tive

Auto-motivevehi-cles,parts,anden-

gines

Con-sumergoods(non-food)

exceptauto-

motive

Total,Censusbasis 4

Foods,feeds,

andbev-

erages

Indus-trialsup-pliesand

mate-rials

Capi-tal

goodsexceptauto-mo-tive

Auto-motivevehi-cles,parts,anden-

gines

Con-sumergoods(non-food)

exceptauto-

motive

1981 .............. 237.0 238.7 ........... ........... ........... ........... ........... 265.1 261.0 ........... ........... ........... ........... .......... 57.4 45.51982 .............. 211.2 216.4 31.3 61.7 72.7 15.7 14.3 247.6 244.0 17.1 112.0 35.4 33.3 39.7 64.1 51.71983 .............. 201.8 205.6 30.9 56.7 67.2 16.8 13.4 268.9 258.0 18.2 107.0 40.9 40.8 44.9 64.3 55.01984 .............. 219.9 224.0 31.5 61.7 72.0 20.6 13.3 332.4 6 330.7 21.0 123.7 59.8 53.5 60.0 71.2 67.71985 .............. 215.9 7 218.8 24.0 58.5 73.9 22.9 12.6 338.1 6 336.5 21.9 113.9 65.1 66.8 68.3 73.2 72.91986 .............. 223.3 7 227.2 22.3 57.3 75.8 21.7 14.2 368.4 365.4 24.4 101.3 71.8 78.2 79.4 86.7 80.11987 .............. 250.2 254.1 24.3 66.7 86.2 24.6 17.7 409.8 406.2 24.8 111.0 84.5 85.2 88.7 98.7 90.81988 .............. 320.2 322.4 32.3 85.1 109.2 29.3 23.1 447.2 441.0 24.8 118.3 101.4 87.7 95.9 110.9 98.51989 .............. 359.9 363.8 37.2 99.3 138.8 34.8 36.4 477.7 473.2 25.1 132.3 113.3 86.1 102.9 127.1 102.51990 .............. 387.4 393.6 35.1 104.4 152.7 37.4 43.3 498.4 495.3 26.6 143.2 116.4 87.3 105.7 147.8 117.71991 .............. 414.1 421.7 35.7 109.7 166.7 40.0 45.9 491.0 488.5 26.5 131.6 120.7 85.7 108.0 164.3 118.51992 .............. 439.6 448.2 40.3 109.1 175.9 47.0 51.4 536.5 532.7 27.6 138.6 134.3 91.8 122.7 177.3 119.61993 .............. 456.9 465.1 40.6 111.8 181.7 52.4 54.7 589.4 580.7 27.9 145.6 152.4 102.4 134.0 185.9 123.81994 .............. 502.9 512.6 42.0 121.4 205.0 57.8 60.0 668.7 663.3 31.0 162.0 184.4 118.3 146.3 200.4 133.11995 .............. 575.2 584.7 50.5 146.2 233.0 61.8 64.4 749.4 743.5 33.2 181.8 221.4 123.8 159.9 219.2 141.41996 .............. 612.1 625.1 55.5 147.7 253.0 65.0 70.1 803.1 795.3 35.7 204.5 228.1 128.9 172.0 239.5 152.61997 .............. 678.4 689.2 51.5 158.2 294.5 74.0 77.4 876.8 869.7 39.7 213.8 253.3 139.8 193.8 256.1 165.91998 .............. 670.4 682.1 46.4 148.3 299.4 72.4 80.3 918.6 911.9 41.2 200.1 269.5 148.7 217.0 262.8 180.71999 .............. 684.0 695.8 46.0 147.5 310.8 75.3 80.9 1,031.8 1,024.6 43.6 221.4 295.7 179.0 241.9 281.9 199.22000 .............. 772.0 781.9 47.9 172.6 356.9 80.4 89.4 1,226.7 1,218.0 46.0 299.0 347.0 195.9 281.8 298.6 223.72001 .............. 718.7 729.1 49.4 160.1 321.7 75.4 88.3 1,148.6 1,141.0 46.6 273.9 298.0 189.8 284.3 286.2 221.82002 .............. 685.2 693.1 49.6 156.8 290.4 78.9 84.4 1,168.0 1,161.4 49.7 267.7 283.3 203.7 307.8 292.3 231.12003 .............. 715.8 724.8 55.0 173.0 293.7 80.6 89.9 1,264.9 1,257.1 55.8 313.8 295.9 210.1 333.9 304.3 250.42004 .............. 806.2 814.9 56.6 203.9 327.5 89.2 103.2 1,478.0 1,469.7 62.1 412.8 343.6 228.2 372.9 353.1 291.22005 .............. 892.3 901.1 59.0 233.0 358.4 98.4 115.3 1,683.2 1,673.5 68.1 523.8 379.3 239.4 407.2 389.1 313.52006 .............. 1,015.8 1,026.0 66.0 276.0 404.0 107.3 129.1 1,863.1 1,853.9 74.9 602.0 418.3 256.6 442.6 435.9 349.02007 .............. 1,138.4 1,148.2 84.3 316.4 433.0 121.3 146.0 1,969.4 1,957.0 81.7 634.7 444.5 259.2 474.6 504.8 375.22008 .............. 1,277.0 1,287.4 108.3 388.0 457.7 121.5 161.3 2,117.2 2,103.6 89.0 779.5 453.7 233.8 481.6 549.6 405.32008: Jan ..... 103.8 104.7 8.7 30.0 38.2 10.4 13.3 177.7 176.8 7.2 65.4 37.9 21.2 39.8 45.5 33.1

Feb ..... 106.8 107.9 9.0 32.2 38.1 10.9 13.4 180.1 178.3 7.2 63.7 38.6 22.3 41.2 44.8 33.2Mar .... 105.1 105.8 9.4 32.3 37.4 9.8 12.8 176.6 174.9 7.2 63.5 38.4 20.2 40.1 45.3 33.2Apr ..... 109.0 109.8 9.5 33.1 39.1 10.2 13.5 183.5 181.8 7.4 68.0 39.1 21.2 40.5 45.9 33.4May .... 109.5 110.1 9.5 34.2 38.4 10.2 13.5 183.2 182.3 7.6 68.0 39.4 20.4 41.5 47.1 33.9June ... 114.4 115.1 10.0 36.7 39.4 10.8 14.0 187.6 186.7 7.4 73.2 38.5 20.5 41.4 47.2 34.2July .... 117.2 118.2 10.0 37.9 40.1 11.5 14.6 194.5 193.3 7.5 79.9 38.7 20.3 41.0 47.2 34.8Aug ..... 114.7 115.9 9.9 37.0 40.4 10.3 13.9 186.8 186.1 7.8 73.4 38.0 19.3 42.0 47.0 35.7Sept .... 106.0 106.6 9.0 32.4 37.6 10.2 13.5 177.7 176.2 7.6 65.9 38.4 18.6 40.1 46.0 34.4Oct ...... 103.8 104.8 8.3 31.4 37.5 10.0 13.3 175.2 174.4 7.6 66.1 37.2 17.9 40.1 45.9 33.9Nov ..... 97.5 98.5 7.9 27.6 36.4 9.2 13.2 151.8 151.0 7.4 48.8 35.4 16.7 37.4 44.0 33.0Dec ..... 89.2 90.1 7.1 23.2 35.1 8.1 12.6 142.4 141.9 7.2 43.6 34.1 15.2 36.7 43.7 32.4

2009: Jan ..... 82.4 83.2 7.1 22.2 33.2 5.6 11.4 130.0 129.6 6.9 38.5 31.9 11.5 36.1 41.6 30.9Feb ..... 84.4 85.2 7.1 22.2 33.3 6.0 12.8 121.6 121.2 6.7 34.3 30.1 10.2 34.6 40.9 30.3Mar .... 82.6 83.6 7.3 22.4 31.9 6.0 12.4 121.8 121.4 6.8 34.5 29.6 10.6 35.2 40.3 30.0Apr ..... 80.0 80.8 7.6 21.1 30.9 5.8 11.9 119.9 119.5 6.7 33.7 28.6 10.5 35.5 41.7 30.3May .... 82.1 83.1 7.9 23.2 31.0 5.4 12.1 119.3 119.0 6.8 33.1 28.9 10.2 35.5 41.4 30.0June ... 84.1 85.0 8.1 24.4 31.4 5.5 12.1 122.4 122.1 6.9 37.0 28.9 11.1 33.7 42.1 30.7July .... 86.8 87.8 7.8 24.8 32.2 6.8 12.4 129.5 129.3 6.8 38.3 30.1 13.4 35.4 42.6 31.3Aug ..... 86.8 87.6 7.9 25.7 30.9 7.3 12.3 128.8 128.4 6.7 37.5 30.1 14.7 34.8 42.9 31.2Sept .... 90.3 91.1 7.5 27.1 32.5 7.5 12.8 137.7 137.3 6.7 42.9 30.9 16.3 35.4 43.1 31.4Oct ...... 93.5 94.8 7.7 27.6 33.7 7.9 13.7 138.6 138.2 6.9 41.1 31.9 16.9 36.6 43.5 31.6Nov p .. 94.6 95.6 9.0 27.0 34.1 8.6 13.0 143.0 142.6 6.8 43.1 33.2 16.9 38.0 43.6 31.6

1 Department of Defense shipments of grant-aid military supplies and equipment under the Military Assistance Program are excluded from total exportsthrough 1985 and included beginning 1986.

2 F.a.s. (free alongside ship) value basis at U.S. port of exportation for exports.3 Beginning with 1989 data, exports have been adjusted for undocumented exports to Canada and are included in the appropriate end-use categories. For

prior years, only total exports include this adjustment.4 Total includes “other” exports or imports, not shown separately.5 Total arrivals of imported goods other than in-transit shipments.6 Total includes revisions not reflected in detail.7 Total exports are on a revised statistical month basis; end-use categories are on a statistical month basis.Note: Goods on a Census basis are adjusted to a BOP basis by the Bureau of Economic Analysis, in line with concepts and definitions used to prepare

international and national accounts. The adjustments are necessary to supplement coverage of Census data, to eliminate duplication of transactions recordedelsewhere in international accounts, and to value transactions according to a standard definition.

Data include international trade of the U.S. Virgin Islands, Puerto Rico, and U.S. Foreign Trade Zones.Source: Department of Commerce (Bureau of the Census and Bureau of Economic Analysis).

International Statistics | 453

Table B–107. International investment position of the United States at year-end, 2001–2008[Millions of dollars]

Type of investment 2001 2002 2003 2004 2005 2006 2007 2008 p

NET INTERNATIONAL INVESTMENT POSITIONOF THE UNITED STATES .................................... –1,868,875 –2,037,970 –2,086,513 –2,245,417 –1,925,146 –2,184,282 –2,139,916 –3,469,246

Financial derivatives, net 1 ........................................... ................. ................. ................. ................. 57,915 59,836 71,472 159,582Net international investment position, excluding

financial derivatives .................................................. –1,868,875 –2,037,970 –2,086,513 –2,245,417 –1,983,061 –2,244,118 –2,211,388 –3,628,828

U.S.-OWNED ASSETS ABROAD .................... 6,308,681 6,649,079 7,638,086 9,340,634 11,961,552 14,428,137 18,278,842 19,888,158Financial derivatives, gross positive fair value 1 .... ................. ................. ................. ................. 1,190,029 1,238,995 2,559,332 6,624,549U.S.-owned assets abroad, excluding financial

derivatives .......................................................... 6,308,681 6,649,079 7,638,086 9,340,634 10,771,523 13,189,142 15,719,510 13,263,609U.S. official reserve assets ..................................... 129,961 158,602 183,577 189,591 188,043 219,853 277,211 293,732

Gold 2 ............................................................... 72,328 90,806 108,866 113,947 134,175 165,267 218,025 227,439Special drawing rights .................................... 10,783 12,166 12,638 13,628 8,210 8,870 9,476 9,340Reserve position in the International

Monetary Fund ............................................. 17,869 21,979 22,535 19,544 8,036 5,040 4,244 7,683Foreign currencies ........................................... 28,981 33,651 39,538 42,472 37,622 40,676 45,466 49,270

U.S. Government assets, other than officialreserve assets ..................................................... 85,654 85,309 84,772 83,062 77,523 72,189 94,471 624,100

U.S. credits and other long-term assets 3 ....... 83,132 82,682 81,980 80,308 76,960 71,635 70,015 69,877Repayable in dollars ................................. 82,854 82,406 81,706 80,035 76,687 71,362 69,742 69,604Other 4 ....................................................... 278 276 274 273 273 273 273 273

U.S. foreign currency holdings and U.S. short-term assets 5 ................................................ 2,522 2,627 2,792 2,754 563 554 24,456 554,222

U.S. private assets ................................................. 6,093,066 6,405,168 7,369,737 9,067,981 10,505,957 12,897,100 15,347,828 12,345,777Direct investment at current cost .................... 1,693,131 1,867,043 2,054,464 2,498,494 2,651,721 2,948,172 3,451,482 3,698,784Foreign securities ............................................ 2,169,735 2,076,722 2,948,370 3,545,396 4,329,259 5,604,475 6,835,079 4,244,311

Bonds ........................................................ 557,062 702,742 868,948 984,978 1,011,554 1,275,515 1,587,089 1,392,903Corporate stocks ....................................... 1,612,673 1,373,980 2,079,422 2,560,418 3,317,705 4,328,960 5,247,990 2,851,408

U.S. claims on unaffiliated foreignersreported by U.S. nonbanking concerns 6 ..... 839,303 901,946 594,004 793,556 1,018,462 1,184,073 1,239,718 991,920

U.S. claims reported by U.S. banks, notincluded elsewhere 7 ................................... 1,390,897 1,559,457 1,772,899 2,230,535 2,506,515 3,160,380 3,821,549 3,410,762

FOREIGN-OWNED ASSETS IN THE UNITEDSTATES ............................................................ 8,177,556 8,687,049 9,724,599 11,586,051 13,886,698 16,612,419 20,418,758 23,357,404

Financial derivatives, gross negative fair value 1 .. ................. ................. ................. ................. 1,132,114 1,179,159 2,487,860 6,464,967Foreign-owned assets in the United States,

excluding financial derivatives ........................... 8,177,556 8,687,049 9,724,599 11,586,051 12,754,584 15,433,260 17,930,898 16,892,437Foreign official assets in the United States ........... 1,109,072 1,250,977 1,562,564 2,011,899 2,306,292 2,825,628 3,403,995 3,871,362

U.S. Government securities ............................. 847,005 970,359 1,186,500 1,509,986 1,725,193 2,167,112 2,540,062 3,228,438U.S. Treasury securities ............................ 720,149 811,995 986,301 1,251,943 1,340,598 1,558,317 1,736,687 2,325,672Other ......................................................... 126,856 158,364 200,199 258,043 384,595 608,795 803,375 902,766

Other U.S. Government liabilities 8 ................. 17,007 17,144 16,421 16,287 15,866 18,682 24,024 32,650U.S. liabilities reported by U.S. banks, not

included elsewhere 9 ................................... 134,655 155,876 201,054 270,387 296,647 297,012 406,031 252,588Other foreign official assets ............................ 110,405 107,598 158,589 215,239 268,586 342,822 433,878 357,686

Other foreign assets ............................................... 7,068,484 7,436,072 8,162,035 9,574,152 10,448,292 12,607,632 14,526,903 13,021,075Direct investment at current cost .................... 1,518,473 1,499,952 1,580,994 1,742,716 1,905,979 2,154,062 2,450,132 2,646,847U.S. Treasury securities ................................... 375,059 473,503 527,223 561,610 643,793 567,861 639,715 884,965U.S. securities other than U.S. Treasury

securities ..................................................... 2,821,372 2,779,067 3,422,856 3,995,506 4,352,998 5,372,339 6,190,067 4,703,529Corporate and other bonds ....................... 1,343,071 1,530,982 1,710,787 2,035,149 2,243,135 2,824,871 3,289,077 2,865,903Corporate stocks ....................................... 1,478,301 1,248,085 1,712,069 1,960,357 2,109,863 2,547,468 2,900,990 1,837,626

U.S. currency ................................................... 229,200 248,061 258,652 271,953 280,400 282,627 271,952 301,139U.S. liabilities to unaffiliated foreigners

reported by U.S. nonbanking concerns 10 .... 798,314 897,335 450,884 600,161 658,177 799,471 1,000,430 873,227U.S. liabilities reported by U.S. banks, not

included elsewhere 11 ................................. 1,326,066 1,538,154 1,921,426 2,402,206 2,606,945 3,431,272 3,974,607 3,611,368Memoranda:Direct investment abroad at market value .......................... 2,314,934 2,022,588 2,729,126 3,362,796 3,637,996 4,470,343 5,227,962 3,071,189Direct investment in the United States at market value .... 2,560,294 2,021,817 2,454,877 2,717,383 2,817,970 3,293,053 3,593,291 2,556,882

1 A break in series in 2005 reflects the introduction of U.S. Department of the Treasury data on financial derivatives.2 U.S. official gold stock is valued at market prices.3 Also includes paid-in capital subscriptions to international financial institutions and resources provided to foreigners under foreign assistance programs

requiring repayment over several years. Excludes World War I debts that are not being serviced.4 Includes indebtedness that the borrower may contractually, or at its option, repay with its currency, with a third country’s currency, or by delivery of

materials or transfer of services.5 Beginning in 2007, includes foreign-currency-denominated assets obtained through temporary reciprocal currency arrangements between the Federal

Reserve System and foreign central banks.6 A break in series in 2003 reflects the reclassification of assets reported by U.S. securities brokers from nonbank-reported assets to bank-reported assets,

and a reduction in counterparty balances to eliminate double counting. A break in series in 2005 reflects the addition of previously unreported claims of U.S.financial intermediaries on their foreign parents associated with the issuance of asset-backed commercial paper in the United States.

7 Also includes claims reported by U.S. securities brokers. A break in series in 2003 reflects the reclassification of assets reported by U.S. securities brokersfrom nonbank-reported assets to bank-reported assets.

8 Primarily U.S. Government liabilities associated with military sales contracts and other transactions arranged with or through foreign official agencies.9 Also includes liabilities reported by U.S. securities brokers.10 A break in series in 2003 reflects the reclassification of liabilities reported by U.S. securities brokers from nonbank-reported liabilities to bank-reported

liabilities and a reduction in counterparty balances to eliminate double counting.11 Also includes liabilities reported by U.S. securities brokers. A break in series in 2003 reflects the reclassification of liabilities reported by U.S. securities

brokers from nonbank-reported liabilities to bank-reported liabilities.Note: For details regarding these data, see Survey of Current Business, July 2009.Source: Department of Commerce (Bureau of Economic Analysis).

454 | Appendix B

Table B–108. Industrial production and consumer prices, major industrial countries,1982–2009

Year or quarter UnitedStates 1 Canada Japan France Germany 2 Italy United

Kingdom

Industrial production (Index, 2002=100) 3

1982 .................................. 54.1 53.2 74.5 73.6 69.5 73.3 72.81983 .................................. 55.6 56.1 76.8 73.6 69.8 71.4 75.41984 .................................. 60.5 63.1 84.0 74.9 71.9 73.8 75.51985 .................................. 61.3 66.3 87.1 75.4 75.4 74.9 79.61986 .................................. 61.9 65.8 86.9 76.3 76.9 77.9 81.51987 .................................. 65.1 68.5 89.9 77.8 77.2 80.2 84.81988 .................................. 68.4 73.1 98.5 81.0 79.9 85.3 88.91989 .................................. 69.1 72.9 104.3 83.9 83.7 88.4 90.81990 .................................. 69.7 70.9 108.5 89.6 88.1 88.6 90.51991 .................................. 68.7 68.3 110.4 89.2 93.9 87.8 87.51992 .................................. 70.6 69.2 103.7 87.5 91.8 86.8 87.81993 .................................. 72.9 72.5 99.8 83.8 84.9 84.8 89.71994 .................................. 76.8 77.1 100.7 87.4 87.4 89.9 94.51995 .................................. 80.4 80.6 103.8 89.5 88.3 95.3 96.21996 .................................. 84.0 81.6 106.0 89.2 88.4 93.6 97.51997 .................................. 90.1 86.2 110.3 92.5 91.0 97.3 98.91998 .................................. 95.4 89.2 102.5 95.9 94.4 98.5 99.91999 .................................. 99.5 94.4 103.0 97.3 95.4 98.3 101.42000 .................................. 103.7 102.6 108.4 101.0 100.8 102.4 103.22001 .................................. 100.1 98.4 101.3 101.8 101.1 101.3 101.72002 .................................. 100.0 100.0 100.0 100.0 100.0 100.0 100.02003 .................................. 101.3 100.1 103.0 98.9 100.5 99.4 99.32004 .................................. 103.8 101.7 108.0 100.2 103.6 99.0 100.42005 .................................. 107.2 103.7 109.6 100.3 107.1 98.3 99.12006 .................................. 109.7 102.9 114.2 101.6 113.3 101.8 99.22007 .................................. 111.3 102.6 117.6 102.8 120.1 104.0 99.52008 .................................. 108.8 97.2 113.6 100.4 120.1 100.5 96.42009 p ................................ 98.2 ........................... 88.3 ........................... ........................... ........................... .............................2008: I .............................. 112.0 99.0 119.8 104.1 123.6 105.6 99.6

II ............................. 110.7 98.3 118.4 102.2 122.7 104.5 98.2III ............................ 108.1 97.6 114.5 100.9 121.3 100.0 96.2IV ............................ 104.4 93.9 101.6 94.3 112.7 91.9 91.7

2009: I .............................. 99.1 87.7 79.1 87.7 98.2 83.2 87.1II ............................. 96.4 84.5 85.7 87.0 97.6 80.6 86.6III ............................ 98.0 83.8 92.0 89.6 101.2 84.1 85.8IV p ......................... 99.7 ........................... 96.3 ........................... ........................... ........................... .............................

Consumer prices (Index, 1982–84=100)

1982 .................................. 96.5 94.9 98.0 91.7 97.0 87.8 95.41983 .................................. 99.6 100.4 99.9 100.3 100.3 100.7 99.81984 .................................. 103.9 104.7 102.1 108.0 102.7 111.5 104.81985 .................................. 107.6 108.9 104.2 114.3 104.9 121.8 111.11986 .................................. 109.6 113.5 104.8 117.2 104.7 128.9 114.91987 .................................. 113.6 118.4 105.0 121.1 105.0 135.0 119.71988 .................................. 118.3 123.2 105.7 124.3 106.3 141.9 125.61989 .................................. 124.0 129.3 108.1 128.7 109.2 150.8 135.41990 .................................. 130.7 135.5 111.4 133.1 112.2 160.5 148.21991 .................................. 136.2 143.1 115.0 137.3 116.7 170.6 156.91992 .................................. 140.3 145.2 117.0 140.6 122.7 179.4 162.71993 .................................. 144.5 147.9 118.5 143.6 128.1 187.3 165.31994 .................................. 148.2 148.2 119.3 146.0 131.6 194.9 169.41995 .................................. 152.4 151.4 119.2 148.6 133.9 205.2 175.11996 .................................. 156.9 153.8 119.3 151.5 135.8 213.3 179.41997 .................................. 160.5 156.2 121.4 153.3 138.4 217.7 185.01998 .................................. 163.0 157.8 122.2 154.3 139.7 221.9 191.41999 .................................. 166.6 160.5 121.8 155.2 140.5 225.6 194.32000 .................................. 172.2 164.9 121.0 157.8 142.5 231.3 200.02001 .................................. 177.1 169.1 120.0 160.3 145.3 237.8 203.72002 .................................. 179.9 172.9 119.0 163.4 147.4 243.6 207.02003 .................................. 184.0 177.7 118.7 166.9 148.9 250.1 213.02004 .................................. 188.9 181.0 118.7 170.4 151.4 255.7 219.32005 .................................. 195.3 185.0 118.3 173.4 153.7 260.7 225.62006 .................................. 201.6 188.7 118.6 176.3 156.2 266.2 232.82007 .................................. 207.342 192.7 118.7 178.9 159.7 271.1 242.72008 .................................. 215.303 197.3 120.3 184.0 163.9 280.1 252.42009 p ................................ 214.537 197.9 118.7 184.1 164.5 282.3 251.12008: I .............................. 212.100 194.0 119.2 182.1 162.7 276.7 248.0

II ............................. 216.757 198.0 120.2 184.7 163.9 279.9 253.0III ............................ 219.278 200.0 121.4 185.0 165.1 282.6 255.4IV ............................ 213.075 197.1 120.5 184.1 164.1 281.4 253.2

2009: I .............................. 212.015 196.4 119.0 183.3 164.0 280.8 247.8II ............................. 214.263 198.1 119.0 184.3 164.3 282.3 249.7III ............................ 215.718 198.3 118.7 184.2 164.7 282.9 251.9IV p ......................... 216.152 198.6 118.1 184.7 164.9 283.2 254.8

1 See Note, Table B–51 for information on U.S. industrial production series.2 Prior to 1991 data are for West Germany only.3 All data exclude construction. Quarterly data are seasonally adjusted.Note: National sources data have been rebased for industrial production and consumer prices.Sources: As reported by each country, Department of Labor (Bureau of Labor Statistics), and Board of Governors of the Federal Reserve System.

International Statistics | 455

Table B–109. Civilian unemployment rate, and hourly compensation, major industrialcountries, 1982–2009

[Quarterly data seasonally adjusted]

Year or quarter UnitedStates Canada Japan France Germany 1 Italy United

Kingdom

Civilian unemployment rate (Percent) 2

1982 .................................. 9.7 10.7 2.4 3 7.3 5.6 5.4 10.81983 .................................. 9.6 11.6 2.7 7.6 6.9 5.9 11.51984 .................................. 7.5 10.9 2.8 8.9 3 7.1 5.9 11.81985 .................................. 7.2 10.2 2.7 9.4 7.2 6.0 11.41986 .................................. 7.0 9.3 2.8 9.5 6.6 3 7.5 11.41987 .................................. 6.2 8.4 2.9 9.6 6.3 7.9 10.51988 .................................. 5.5 7.4 2.5 9.2 6.3 7.9 8.61989 .................................. 5.3 7.1 2.3 8.6 5.7 7.8 7.31990 .................................. 3 5.6 7.7 2.1 3 8.3 5.0 7.0 7.11991 .................................. 6.8 9.8 2.1 8.5 3 5.6 3 6.9 8.91992 .................................. 7.5 10.6 2.2 9.4 6.7 7.3 10.01993 .................................. 6.9 10.8 2.5 10.5 8.0 3 9.8 10.41994 .................................. 3 6.1 3 9.6 2.9 11.1 8.5 10.7 9.51995 .................................. 5.6 8.6 3.2 10.5 8.2 11.3 8.71996 .................................. 5.4 8.8 3.4 11.1 9.0 11.3 8.11997 .................................. 4.9 8.4 3.4 11.1 9.9 11.4 7.01998 .................................. 4.5 7.7 4.1 10.6 9.3 11.5 6.31999 .................................. 4.2 7.0 4.7 10.2 3 8.5 11.0 6.02000 .................................. 4.0 6.1 4.8 8.7 7.8 10.2 5.52001 .................................. 4.7 6.5 5.1 7.9 7.9 9.2 5.12002 .................................. 5.8 7.0 5.4 8.1 8.6 8.7 5.22003 .................................. 6.0 6.9 5.3 3 8.6 9.3 8.5 5.02004 .................................. 5.5 6.4 4.8 9.0 10.3 8.1 4.82005 .................................. 5.1 6.0 4.5 9.0 3 11.2 7.8 4.92006 .................................. 4.6 5.5 4.2 9.0 10.4 6.9 5.52007 .................................. 4.6 5.3 3.9 8.1 8.7 6.2 5.42008 .................................. 5.8 5.3 4.0 7.5 7.5 6.8 5.72009 .................................. 9.3 ........................... ........................... ........................... ........................... ........................... .............................2008: I .............................. 5.0 5.2 3.9 7.2 7.8 6.6 5.3

II ............................. 5.3 5.3 4.1 7.4 7.6 6.9 5.4III ............................ 6.0 5.3 4.1 7.5 7.4 6.8 5.9IV ............................ 6.9 5.6 4.1 8.0 7.4 7.1 6.4

2009: I .............................. 8.2 6.7 4.5 8.7 7.7 7.4 7.1II ............................. 9.3 7.5 5.3 9.3 8.0 7.6 7.8III ............................ 9.7 7.8 5.5 9.7 8.0 7.9 7.9IV ............................ 10.0 ........................... ........................... ........................... ........................... ........................... .............................

Manufacturing hourly compensation in U.S. dollars (Index, 2002=100) 4

1982 .................................. 45.9 59.8 28.5 40.7 34.3 41.5 36.31983 .................................. 47.3 64.0 30.7 39.3 34.1 43.3 33.71984 .................................. 48.9 64.7 31.6 37.7 32.1 43.4 32.01985 .................................. 51.4 64.7 32.7 39.9 32.9 44.8 34.01986 .................................. 53.8 64.7 48.2 54.1 46.3 61.2 41.81987 .................................. 55.6 69.3 57.8 65.0 58.4 75.9 51.81988 .................................. 57.5 78.1 66.8 67.9 62.2 81.2 60.11989 .................................. 59.3 85.1 65.7 66.8 61.1 85.0 59.11990 .................................. 62.1 92.0 66.8 81.8 76.4 104.8 72.01991 .................................. 65.8 100.2 76.6 83.5 79.1 110.1 80.31992 .................................. 68.9 99.5 84.3 93.7 92.0 118.0 80.41993 .................................. 70.5 94.4 98.9 91.5 92.2 96.3 69.11994 .................................. 72.2 91.7 109.5 97.0 98.4 99.1 72.21995 .................................. 73.4 93.4 123.1 111.1 117.4 103.7 75.81996 .................................. 74.6 95.5 107.3 110.4 117.0 115.5 74.71997 .................................. 76.5 96.3 99.7 99.5 103.4 109.5 81.81998 .................................. 81.2 94.5 94.4 99.2 103.4 105.5 89.01999 .................................. 84.8 96.4 108.6 98.2 101.4 103.3 91.92000 .................................. 91.3 99.6 113.9 89.6 92.4 91.9 91.42001 .................................. 94.8 98.1 102.3 89.2 92.4 92.0 90.72002 .................................. 100.0 100.0 100.0 100.0 100.0 100.0 100.02003 .................................. 108.0 116.6 105.7 122.5 122.4 124.2 114.12004 .................................. 108.9 130.0 114.3 138.9 135.3 141.2 133.72005 .................................. 112.5 145.7 113.2 144.1 137.1 145.9 140.42006 .................................. 114.7 160.4 106.1 151.1 144.0 150.2 149.32007 .................................. 119.6 175.4 104.5 169.4 159.9 167.5 167.52008 .................................. 123.2 180.4 121.2 187.3 176.1 184.6 159.0

1 Prior to 1991 data are for West Germany only.2 Civilian unemployment rates, approximating U.S. concepts. Quarterly data for France, Germany, and Italy should be viewed as less precise indicators of

unemployment under U.S. concepts than the annual data.3 There are breaks in the series for Canada (1994), France (1982, 1990, and 2003), Germany (1984, 1991, 1999, and 2005), Italy (1986, 1991, and 1993), and

United States (1990 and 1994). For details, see International Comparisons of Annual Labor Force Statistics, Adjusted to U.S. Concepts, 10 Countries, 1970–2008,October 1, 2009, Appendix B, at http://www.bls.gov/fls/flscomparelf/notes.htm#country_notes.

4 Hourly compensation in manufacturing, U.S. dollar basis; data relate to all employed persons (employees and self-employed workers). For details onmanufacturing hourly compensation, see International Comparisons of Manufacturing Productivity and Unit Labor Cost Trends, 2008, October 22, 2009.

Source: Department of Labor (Bureau of Labor Statistics).

456 | Appendix B

Table B–110. Foreign exchange rates, 1988–2009[Foreign currency units per U.S. dollar, except as noted; certified noon buying rates in New York]

Period Australia(dollar) 1

Canada(dollar)

China,P.R.

(yuan)

EMUMembers(euro) 1, 2

Germany(mark) 2

Japan(yen)

Mexico(peso)

SouthKorea(won)

Sweden(krona)

Switzer-land

(franc)

UnitedKingdom(pound) 1

March 1973 ...................... 1.2716 0.9967 2.2401 ................ 2.8132 261.90 0.013 398.85 4.4294 3.2171 2.4724

1988 ................................. 0.7841 1.2306 3.7314 ................ 1.7570 128.17 2.273 734.52 6.1370 1.4643 1.78131989 ................................. .7919 1.1842 3.7673 ................ 1.8808 138.07 2.461 674.13 6.4559 1.6369 1.63821990 ................................. .7807 1.1668 4.7921 ................ 1.6166 145.00 2.813 710.64 5.9231 1.3901 1.78411991 ................................. .7787 1.1460 5.3337 ................ 1.6610 134.59 3.018 736.73 6.0521 1.4356 1.76741992 ................................. .7352 1.2085 5.5206 ................ 1.5618 126.78 3.095 784.66 5.8258 1.4064 1.76631993 ................................. .6799 1.2902 5.7795 ................ 1.6545 111.08 3.116 805.75 7.7956 1.4781 1.50161994 ................................. .7316 1.3664 8.6397 ................ 1.6216 102.18 3.385 806.93 7.7161 1.3667 1.53191995 ................................. .7407 1.3725 8.3700 ................ 1.4321 93.96 6.447 772.69 7.1406 1.1812 1.57851996 ................................. .7828 1.3638 8.3389 ................ 1.5049 108.78 7.600 805.00 6.7082 1.2361 1.56071997 ................................. .7437 1.3849 8.3193 ................ 1.7348 121.06 7.918 953.19 7.6446 1.4514 1.63761998 ................................. .6291 1.4836 8.3008 ................ 1.7597 130.99 9.152 1,400.40 7.9522 1.4506 1.65731999 ................................. .6454 1.4858 8.2783 1.0653 ................ 113.73 9.553 1,189.84 8.2740 1.5045 1.61722000 ................................. .5815 1.4855 8.2784 .9232 ................ 107.80 9.459 1,130.90 9.1735 1.6904 1.51562001 ................................. .5169 1.5487 8.2770 .8952 ................ 121.57 9.337 1,292.02 10.3425 1.6891 1.43962002 ................................. .5437 1.5704 8.2771 .9454 ................ 125.22 9.663 1,250.31 9.7233 1.5567 1.50252003 ................................. .6524 1.4008 8.2772 1.1321 ................ 115.94 10.793 1,192.08 8.0787 1.3450 1.63472004 ................................. .7365 1.3017 8.2768 1.2438 ................ 108.15 11.290 1,145.24 7.3480 1.2428 1.83302005 ................................. .7627 1.2115 8.1936 1.2449 ................ 110.11 10.894 1,023.75 7.4710 1.2459 1.82042006 ................................. .7535 1.1340 7.9723 1.2563 ................ 116.31 10.906 954.32 7.3718 1.2532 1.84342007 ................................. .8391 1.0734 7.6058 1.3711 ................ 117.76 10.928 928.97 6.7550 1.1999 2.00202008 ................................. .8537 1.0660 6.9477 1.4726 ................ 103.39 11.143 1,098.71 6.5846 1.0816 1.85452009 ................................. .7927 1.1412 6.8307 1.3935 ................ 93.68 13.498 1,274.63 7.6539 1.0860 1.56612008: I ............................. .9058 1.0039 7.1590 1.5007 ................ 105.17 10.803 956.12 6.2668 1.0670 1.9790

II ............................ .9436 1.0099 6.9578 1.5625 ................ 104.62 10.428 1,017.02 5.9862 1.0316 1.9712III ........................... .8879 1.0411 6.8375 1.5030 ................ 107.58 10.328 1,064.56 6.3175 1.0734 1.8924IV ........................... .6735 1.2115 6.8400 1.3202 ................ 96.01 13.061 1,360.86 7.7957 1.1560 1.5704

2009: I ............................. .6644 1.2455 6.8361 1.3035 ................ 93.78 14.384 1,415.27 8.4107 1.1487 1.4344II ............................ .7609 1.1682 6.8293 1.3619 ................ 97.42 13.315 1,282.78 7.9239 1.1123 1.5502III ........................... .8332 1.0980 6.8306 1.4304 ................ 93.54 13.261 1,237.55 7.2907 1.0623 1.6410IV ........................... .9090 1.0557 6.8271 1.4762 ................ 89.88 13.062 1,166.70 7.0114 1.0219 1.6335

Trade-weighted value of the U.S. dollar

Nominal Real 7

G-10 index(March

1973=100) 3

Broad index(January

1997=100) 4

Major currenciesindex

(March1973=100) 5

OITP index(January

1997=100) 6

Broad index(March

1973=100) 4

Major currenciesindex

(March1973=100) 5

OITP index(March

1973=100) 6

1988 ................................. 92.7 60.92 90.43 24.07 92.09 84.24 115.571989 ................................. 98.6 66.90 94.29 29.61 93.83 88.58 110.111990 ................................. 89.1 71.41 89.91 40.10 91.30 85.21 109.761991 ................................. 89.8 74.35 88.59 46.69 89.77 83.54 108.851992 ................................. 86.6 76.91 87.00 53.13 87.88 82.40 105.241993 ................................. 93.2 83.78 89.90 63.37 89.23 85.65 102.611994 ................................. 91.3 90.87 88.43 80.54 89.06 85.30 102.621995 ................................. 84.2 92.65 83.41 92.51 86.61 81.43 102.681996 ................................. 87.3 97.46 87.25 98.24 88.62 86.34 99.681997 ................................. 96.4 104.43 93.93 104.64 93.34 93.63 100.731998 ................................. 98.8 115.89 98.45 125.89 101.32 98.70 113.931999 ................................. ............................ 116.04 96.89 129.20 100.69 98.44 112.642000 ................................. ........................... 119.45 101.58 129.84 104.55 105.08 112.822001 ................................. ........................... 125.93 107.67 135.91 110.56 112.54 117.352002 ................................. ........................... 126.67 105.99 140.36 110.71 110.92 119.812003 ................................. ........................... 119.11 92.99 143.52 104.00 97.85 121.412004 ................................. ........................... 113.63 85.37 143.38 99.38 90.86 120.052005 ................................. ........................... 110.71 83.71 138.89 97.75 90.67 116.382006 ................................. ........................... 108.52 82.46 135.38 96.64 90.58 113.702007 ................................. ........................... 103.40 77.84 130.28 92.03 86.40 108.072008 ................................. ........................... 99.83 74.34 127.23 88.29 83.44 103.022009 ................................. ........................... 105.87 77.75 136.68 91.84 86.55 107.532008: I ............................. ........................... 97.31 71.97 124.96 85.92 80.36 101.27

II ............................ ........................... 95.80 70.87 123.01 85.61 80.10 100.86III ........................... ........................... 97.88 73.46 123.79 87.58 83.28 101.56IV ........................... ........................... 108.35 81.19 137.18 94.06 90.03 108.39

2009: I ............................. ........................... 111.12 82.68 141.89 95.95 91.41 111.07II ............................ ........................... 107.08 79.41 136.91 93.43 88.74 108.48III ........................... ........................... 103.69 75.45 135.01 90.58 84.55 106.98IV ........................... ........................... 101.61 73.58 132.91 87.41 81.51 103.59

1 U.S. dollars per foreign currency unit.2 European Economic and Monetary Union (EMU) members consists of Austria, Belgium, Cyprus (beginning in 2008), Finland, France, Germany, Greece

(beginning in 2001), Ireland, Italy, Luxembourg, Malta (beginning in 2008), Netherlands, Portugal, Slovakia (beginning in 2009), Slovenia (beginning in 2007), andSpain.

3 G-10 index discontinued after December 1998.4 Weighted average of the foreign exchange value of the dollar against the currencies of a broad group of U.S. trading partners.5 Subset of the broad index. Consists of currencies of the Euro area, Australia, Canada, Japan, Sweden, Switzerland, and the United Kingdom.6 Subset of the broad index. Consists of other important U.S. trading partners (OITP) whose currencies are not heavily traded outside their home markets.7 Adjusted for changes in consumer price indexes for the United States and other countries.Source: Board of Governors of the Federal Reserve System.

International Statistics | 457

Table B–111. International reserves, selected years, 1972–2009[Millions of special drawing rights (SDRs); end of period]

Area and country 1972 1982 1992 2002 2007 20082009

October November

World 1 ......................................................... 151,995 368,041 760,933 1,893,634 4,123,167 4,563,431 5,102,935 5,101,008Advanced economies 1 ......................... 113,362 214,025 557,602 1,142,317 1,564,042 1,648,376 1,892,898 1,904,061

United States .................................. 12,112 29,918 52,995 59,160 46,820 52,396 86,925 86,149Japan .............................................. 16,916 22,001 52,937 340,088 603,794 656,178 651,148 651,393United Kingdom .............................. 5,201 11,904 27,300 27,973 31,330 29,142 36,633 36,772Canada ............................................ 5,572 3,439 8,662 27,225 25,944 28,426 35,303 34,964Euro area (incl. ECB) 1 ..................... .................... .................... .................... 195,771 148,621 154,221 192,634 191,281

Austria ..................................... 2,505 5,544 9,703 7,480 7,079 6,101 5,604 5,582Belgium .................................... 3,564 4,757 10,914 9,010 6,827 6,306 10,533 10,415Cyprus ...................................... 294 490 764 2,239 3,888 416 478 483Finland ..................................... 664 1,420 3,862 6,885 4,525 4,587 5,855 5,911France ...................................... 9,224 17,850 22,522 24,268 31,855 24,630 31,246 31,436Germany .................................. 21,908 43,909 69,489 41,516 31,896 31,846 43,177 42,103Greece ...................................... 950 916 3,606 6,083 526 350 1,068 1,092Ireland ...................................... 1,038 2,390 2,514 3,989 499 572 1,259 1,207Italy .......................................... 5,605 15,108 22,438 23,798 20,721 26,838 32,540 32,206Luxembourg ............................. .................... .................... 66 114 93 220 464 463Malta ....................................... 253 999 927 1,625 2,396 239 359 356Netherlands ............................. 4,407 10,723 17,492 7,993 7,198 8,140 12,712 12,703Portugal .................................... 2,130 1,179 14,474 8,889 1,226 1,281 1,990 1,919Slovak Republic ....................... .................... .................... .................... 6,519 11,450 11,631 477 476Slovenia ................................... .................... .................... 520 5,143 624 567 631 619Spain ........................................ 4,567 7,450 33,640 25,992 7,582 8,376 11,508 11,385

Australia ......................................... 5,656 6,053 8,429 15,307 15,764 20,015 26,386 24,395China, P.R.: (Hong Kong) ................ .................... .................... 25,589 82,308 96,593 118,468 150,964 159,103Denmark ......................................... 787 2,111 8,090 19,924 20,663 26,347 46,378 47,382Iceland ............................................ 78 133 364 326 1,634 2,284 2,241 ......................Israel ............................................... 1,126 3,518 3,729 17,714 18,047 27,601 38,491 38,222Korea ............................................... 485 2,556 12,463 89,272 165,908 130,607 166,139 168,205New Zealand .................................. 767 577 2,239 3,650 10,914 7,175 9,406 9,690Norway ........................................... 1,220 6,272 8,725 23,579 38,500 33,079 30,692 30,648San Marino ..................................... .................... .................... .................... 135 410 459 .................... ......................Singapore ........................................ 1,610 7,687 29,048 60,478 103,121 113,092 115,941 117,315Sweden ........................................... 1,453 3,397 16,667 12,807 17,281 16,967 28,126 27,680Switzerland ..................................... 6,961 16,930 27,100 31,693 29,432 30,426 59,638 62,100Taiwan Province of China ............... 957 7,866 60,333 119,381 171,532 189,864 215,097 216,099

Emerging and developing economies .. 33,295 124,025 196,245 747,475 2,555,349 2,911,295 3,206,282 3,193,432By area:Africa .............................................. 3,962 7,737 13,069 53,757 183,632 216,669 217,494 216,705Developing Asia ............................. 4,882 44,490 63,596 368,403 1,354,990 1,654,342 1,902,421 1,880,812

China, P.R. (Mainland) .............. .................... 10,733 15,441 214,815 969,055 1,266,206 1,475,683 ......................India ......................................... 1,087 4,213 4,584 50,174 169,356 161,036 172,402 168,291

Europe ............................................. 2,680 5,359 13,811 125,684 527,826 507,498 524,268 530,185Russia ...................................... .................... .................... .................... 32,840 295,872 268,426 261,093 264,508

Middle East ..................................... 8,281 60,520 40,668 80,931 206,493 209,359 228,318 230,157Western Hemisphere ...................... 9,089 25,563 65,102 118,700 282,407 323,427 333,781 335,572

Brazil ........................................ 3,853 3,566 16,457 27,593 113,585 125,239 144,701 146,226Mexico ..................................... 1,072 828 13,800 37,223 55,128 61,766 55,586 56,134

Memoranda:Oil-exporting countries ................... 9,915 69,941 40,923 131,309 620,884 632,376 620,963 628,044Non-oil developing countries ......... 18,431 54,084 155,322 616,166 1,934,465 2,278,919 2,585,319 2,565,388

1 Includes data for European Central Bank (ECB) beginning 1999. Detail does not add to totals shown.Note: International reserves consists of monetary authorities’ holdings of gold (at SDR 35 per ounce), SDRs, reserve positions in the International Monetary

Fund, and foreign exchange.U.S. dollars per SDR (end of period) are: 1.08570 in 1972; 1.10310 in 1982; 1.37500 in 1992; 1.35952 in 2002; 1.58025 in 2007; 1.54027 in 2008; 1.58989 in

October 2009; and 1.61018 in November 2009.Source: International Monetary Fund, International Financial Statistics.

458 | Appendix B

Table B–112. Growth rates in real gross domestic product, 1991–2010[Percent change]

Area and country1991–2000

annualaverage

2001 2002 2003 2004 2005 2006 2007 2008 2009 1 2010 1

World ............................................................................ 3.1 2.3 2.9 3.6 4.9 4.5 5.1 5.2 3.0 –.8 3.9Advanced economies ............................................ 2.8 1.4 1.7 1.9 3.2 2.6 3.0 2.7 .5 –3.2 2.1

Of which:United States ................................................... 3.4 1.1 1.8 2.5 3.6 3.1 2.7 2.1 .4 –2.5 2.7Japan ............................................................... 1.2 .2 .3 1.4 2.7 1.9 2.0 2.3 –1.2 –5.3 1.7United Kingdom ............................................... 2.5 2.5 2.1 2.8 3.0 2.2 2.9 2.6 .5 –4.8 1.3Canada ............................................................. 2.9 1.8 2.9 1.9 3.1 3.0 2.9 2.5 .4 –2.6 2.6Euro area 2 ....................................................... .............. 1.9 .9 .8 2.2 1.7 2.9 2.7 .6 –3.9 1.0

Germany ................................................... 2.1 1.2 .0 –.2 1.2 .7 3.2 2.5 1.2 –4.8 1.5France ....................................................... 2.0 1.8 1.1 1.1 2.3 1.9 2.4 2.3 .3 –2.3 1.4Italy ........................................................... 1.6 1.8 .5 .0 1.5 .7 2.0 1.6 –1.0 –4.8 1.0Spain ......................................................... 2.9 3.6 2.7 3.1 3.3 3.6 4.0 3.6 .9 –3.6 –.6

Memorandum:Newly industrialized Asian economies 3 .. 6.1 1.2 5.6 3.1 5.9 4.7 5.6 5.7 1.7 –1.2 4.8

Emerging and developing economies ................... 3.6 3.8 4.8 6.2 7.5 7.1 7.9 8.3 6.1 2.1 6.0Regional groups:Africa ............................................................... 2.4 4.9 6.5 5.4 6.7 5.7 6.1 6.3 5.2 1.9 4.3Central and eastern Europe ............................. 2.0 .2 4.4 4.8 7.3 6.0 6.6 5.5 3.1 –4.3 2.0Commonwealth of Independent States 4 ........ .............. 6.1 5.2 7.8 8.2 6.7 8.4 8.6 5.5 –7.5 3.8

Russia ....................................................... .............. 5.1 4.7 7.3 7.2 6.4 7.7 8.1 5.6 –9.0 3.6Developing Asia .............................................. 7.4 5.8 6.9 8.2 8.6 9.0 9.8 10.6 7.9 6.5 8.4

China ......................................................... 10.4 8.3 9.1 10.0 10.1 10.4 11.6 13.0 9.6 8.7 10.0India .......................................................... 5.6 3.9 4.6 6.9 7.9 9.2 9.8 9.4 7.3 5.6 7.7

Middle East ...................................................... 4.0 2.5 3.8 6.9 5.9 5.5 5.8 6.2 5.3 2.2 4.5Western Hemisphere ....................................... 3.3 .7 .6 2.2 6.0 4.7 5.7 5.7 4.2 –2.3 3.7

Brazil ......................................................... 2.5 1.3 2.7 1.1 5.7 3.2 4.0 5.7 5.1 –.4 4.7Mexico ...................................................... 3.5 –.2 .8 1.7 4.0 3.2 5.1 3.3 1.3 –6.8 4.0

1 All figures are forecasts as published by the International Monetary Fund. For the United States, advance estimates by the Department of Commerce showthat real GDP fell 2.4 percent in 2009.

2 Euro area consists of: Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, Netherlands, Portugal, SlovakRepublic, Slovenia, and Spain.

3 Consists of Hong Kong SAR (Special Administrative Region of China), Korea, Singapore, and Taiwan Province of China.4 Includes Mongolia, which is not a member of the Commonwealth of Independent States but is included for reasons of geography and similarities in

economic structure.Note: For details on data shown in this table, see World Economic Outlook and World Economic Outlook Update published by the International Monetary

Fund.Sources: Department of Commerce (Bureau of Economic Analysis) and International Monetary Fund.